article thumbnail

Contract Management Process — Everything You Should Know

Procurement Tactics

33 Procurement Interview Questions in 2022. Contract Management Process — Everything You Should Know. The contract management process is an essential part of the organization to handle contracts with its third parties. For this article, we will talk about what the contract management process is.

article thumbnail

The Opportunity — and Challenges — for Digital Transformation in MENA

ivalua

For the short-term, a shift to local production alleviated reliance on Asian suppliers and helped mitigate risk, but a longer-term solution will require identifying opportunities to optimize costs, find alternative suppliers and enhance supply chain visibility. Enter eProcurement. Opportunity Awaits.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1.

article thumbnail

What is Supply Chain Management? A Guide to Success

SCMDOJO

Sourcing: Sourcing is all about finding reliable suppliers, negotiating contracts, and managing relationships. It encompasses activities such as procurement, supplier selection, and evaluation. This involves supplier selection, negotiation, and contract management to ensure timely and cost-effective procurement.

article thumbnail

How is technology transforming global sourcing ?

Claritum

Claritum Article - Procurement Blog. Do you have visibility of a global supply chain? If your organisation struggles with supply chain visibility you are not alone, according to Deloitte’s survey of Chief Procurement Officers, 65% of CPO’s have limited or no visibility beyond their Tier 1 suppliers.

article thumbnail

Towards stronger, better supplier relationships in 2022

Zycus Cognitive Procurement

In the world of Procurement, many things can be taken for granted. The first step to building a resilient supply chain is strengthening your relationships with suppliers. Robust and dependable data can help provide better supply chain visibility and help leaders identify potential weak links.

article thumbnail

Webinar Recap: Data as the Driver of Effective Procurement Transformation

ivalua

How do Chief Procurement Officers and their teams leverage digital transformation to take control of their data and better deliver against their strategic objectives? . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supply chain challenges.

Data 130