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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Healthcare: Shortages, Tariffs, and Tech

Supply Chain Brain

A System Under Strain The fragility of the medication supply chain isn’t theoretical; it’s happening in real time. Integrated digital solutions bring together disparate systems and data streams, improve transparency across workflows, and equip decision-makers with timely, actionable insights. In a 2022 ASHP survey, 99.7%

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

Jaggaer

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. Collaboration brings visibility and agility for gaining market share.

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Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.

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Vendor Managed Inventory (VMI): What It Is & A Complete Guide

Finale Inventory

Modern cloud solutions have democratized access, making what is vendor managed inventory a pressing question for businesses seeking competitive advantage. The vendor managed inventory process reverses traditional ordering dynamics by empowering suppliers with real-time data.

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AI-Tuned Pricing and Inventory Strategies are the Way Forward for Retailers

Supply Chain Brain

By harnessing the growing power of AI to not only sense demand at a very fine-grain, real-time level, but also to govern decisions about pricing and inventory. In a time of tariff-driven price increases, the platform can help retailers optimize in-season products to reflect active consumer sentiment. That’s easy.

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Your guide to procurement orchestration

TYA Suite

It offers a smarter, more integrated approach to managing the entire procurement lifecycle, bringing structure, visibility, and agility to every stage of the process. It connects people, processes, and systems to ensure all procurement activities happen in the right order, at the right time, with full visibility and control.