Remove Contract management Remove Purchasing Remove Supply chain resilience
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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

20202024: Procurement as a Strategic Business Partner Accelerated Evolution During the COVID-19 Pandemic : The pandemic underscored procurement’s role in ensuring supply chain resilience , managing disruptions, and navigating shortages.

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MCIPS vs SCMDOJO Procurement Track

SCMDOJO

Comprehensive Curriculum: MCIPS covers a broad spectrum of topics, from procurement principles and strategies to contract management, negotiation, and ethical considerations. Think of it as the gold standard for procurement professionals. It provides a holistic view of the procurement landscape.

professionals

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What Are The Key Use Cases for AI in Supplier Management?

HICX

Contract Lifecycle & Performance Management AI elevates contract management through automation and continuous monitoring. NLP for extracting contract terms NLP tools pinpoint specific terms, deadlines, and contractual obligations, reducing review time and ensuring compliance.

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Intake & Orchestration in Procurement – Cutting Through the Jargon

Jaggaer

These could be service requests, inquiries, demand planning, or purchase needs. Many procurement teams are being asked to deliver value beyond savings alone , strengthening supply chain resilience, reducing compliance risk, and advancing ESG and sustainability goals, at greater speed and without headcount increases.

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Procurement analytics: your key to cost savings

TYA Suite

Procurement analytics is the process of gathering, examining, and interpreting information about a business's purchasing operations. It helps procurement teams make informed decisions by offering insights into areas such as spend patterns, supplier performance, contract compliance, pricing trends, and sourcing risks.

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16 Key Features to Prioritize When Choosing Procurement Software

TYA Suite

Automate and Plan the Purchase Process In my experience as the CEO of NetSharx Technology Partners, one of the primary features businesses should look for in procurement systems integration capability. Automation is another crucial feature, from generating purchase orders and managing approval workflows to automating invoice processing.

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Ivalua Launches Collaboration and AI-Powered Innovations to Help Organizations Improve Supply Chain Resilience and Profitability

ivalua

New release features AI-powered contract management, more seamless messaging and communications, supplier risk and performance enhancements and procure-to-pay efficiency . AI-powered contract management. On the AI front, Ivalua enhanced its leading CLM solution with AI-Powered Contract Data Capture. Procure-to-Pay.