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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Modern platforms unify the entire Source-to-Pay lifecycle, offering real-time visibility, integrated compliance controls, and advanced analytics across sourcing, contracts, and payments. It forms the foundation of digital procurement, enabling better spend visibility, improved compliance, and faster, more efficient operations.

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Agentic AI in Supply Chains: The Future of Decision Making

SCMDOJO

Agentic AI takes this a step further by enabling autonomous supply chain systems. They can proactively identify risks, optimize processes in real time, and even negotiate supplier contracts without human oversight. Automates bidding processes and cost optimization.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain. Collaboration across Tier 1, Tier 2, Tier 3, and beyond requires visibility and communication regarding capacity, cost, risk, order quantities, inventory levels, quality , timelines, logistics, and more.

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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Supply chain reports are data-driven documents that provide key metrics and insights into various aspects of your supply chain, including: Inventory Levels Tracking stock levels in real-time to ensure adequate inventory to meet demand while minimizing holding costs.

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A Competitive Advantage Playbook for SMBs Facing Tariffs

Supply Chain Brain

Or, if you’ve been relying on one supplier, it might be time to explore other options to diversify your sources and potentially reduce costs. These tools can analyze large amounts of data to predict demand trends, automate purchasing decisions and optimize stock levels in real time. Optimize customer relationships.

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Chatbots in Procurement

Una

The current state of chatbots in procurement Chatbots are intelligent systems, designed to assist procurement teams by automating tasks , providing real-time support to end-users, and enhancing overall efficiency. This ensures that procurement support is readily accessible at any time, increasing efficiency and reducing delays.

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What is supply chain resiliency?

IBM Supply Chain Blog

For years, supply chain professionals have measured success by how well they have been able to drive down costs and drive up efficiency. Just-in-time (JIT) became an artform and masters of the practice achieved new levels of precision. How to get started with supply chain resiliency .