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The Big Interview with James Ball

Procurement Heads

Definitely areas like supply chain resilience, which is a big topic at the moment; we have undertaken a lot of supply chain mapping and created a lot of real-time data and if factors were to happen, what an organisation and procurement should do to counteract them. I would probably say that.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. Sustainability commitment: Walmart has made a commitment to sustainability, which influences its procurement practices.

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

In fact, manufacturing procurement has never been more important, holding the power to influence IT, finance, and C-suite decision-making. Advances in AI, automation, and other emerging technologies are helping manufacturing procurement teams further increase their sphere of influence, allowing them to do more with less.

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The Impact of Digital Transformation on Spend Analysis

Empowering CPO

Here are some key data sources to explore for comprehensive spend analysis: Procurement Systems: Internal procurement systems such as e-procurement platforms, purchase order systems, and contract management systems provide valuable data on purchasing activities, supplier information, and transaction details.