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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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The Complete Guide to Source-to-Pay (S2P) and Strategic Sourcing

Jaggaer

It includes sourcing and supplier management, contract management, and procure-to-pay (P2P) functions. Key elements include total cost of ownership (TCO) analysis, supplier relationship management, and category management. A well-executed S2P strategy reduces costs, increases visibility, and ensures compliance.

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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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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.

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Which conference is the best when it comes to supply chain and procurement practice: DPW, ISM Annual Conference, Procurement Leaders, SIG, and Supply Chain Canada National Conference?

Procurement Insights

While supply chain is addressed, its secondary to procurement excellence, making it a top pick for procurement specialists seeking practical tools. It integrates supply chain resilience and ESG into procurement strategies, offering practical insights through case studies and global CPO keynotes.

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Procurement analytics: your key to cost savings

TYA Suite

This improves supply chain resilience and fosters stronger, more reliable supplier relationships. Procurement managers may make strategic, well-informed decisions by replacing conjecture with data-driven insights. It offers detailed spend analysis, supplier performance tracking, and contract management features.

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Intake & Orchestration in Procurement – Cutting Through the Jargon

Jaggaer

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. On the demand side, there is pressure to do more with less.