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Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement

Una

Understanding Offshoring, Onshoring, Nearshoring, and Rightshoring in Procurement Explore the nuances between offshoring and other approaches to procurement and how each one can impact the bottom line, supply chain resilience and overall strategic objectives.

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Procurement and Sustainability: A Harmonious Partnership for a Greener Future

Procurement Templates

LCAs can also reveal hidden costs associated with unsustainable practices. For example, a product with a lower purchase price may have higher long-term operational and disposal costs. By factoring in these hidden costs, organizations can make more cost-effective and sustainable procurement choices.

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ERP vs. Best-in-Class — What is Best for Managing the Healthcare Supply Chain

ivalua

According to the panelists, there are some key features and functionality that make best-in-class supply chain solutions a better choice for healthcare organizations: Guided procure-to-pay compliance: The concept of compliant purchasing in healthcare encompases the front-end user experience. Efficient warehouse management.