Remove Contract management Remove Price negotiations Remove Strategic sourcing Remove supply chain software solutions
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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Key technologies changing the game in procurement include: E-Procurement Systems E-procurement software provides a centralized platform to manage the entire procurement process online. Buy fair trade, organic, and locally sourced goods whenever possible. Conduct supply chain audits and due diligence on high-risk categories.

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Strategic Procurement — Everything You Should Know

Procurement Tactics

Category Management Category management sorts your spending into areas with the same supplier markets. Strategic Sourcing Strategic sourcing assesses the patterns of business spending in order to find and choose the best suppliers that align with your business goals and objectives.

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Managed Procurement Services: A Strategic Approach to Cost Reduction

Empowering CPO

Modern procurement services encompass a wide range of activities such as strategic sourcing, category management, contract negotiation, risk management, and supplier relationship management. Moreover, procurement is often directly involved in achieving strategic business goals.

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The Comprehensive Guide to Spend Analysis in Healthcare

Empowering CPO

Cost Pressures: Healthcare organizations face significant cost pressures due to factors such as rising drug prices, expensive medical equipment, and the need to attract and retain skilled healthcare professionals. These cost pressures necessitate a strategic approach to spending and resource allocation.

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What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

Digital procurement means letting go of manual data entry, paperwork, and complex request management and instead opting to use software that streamlines procurement through integration and automation. For example: the ERP system, SAP, Netsuite, and other finance software. Benefits of digital procurement.