World of Procurement blog
MAY 8, 2024
Procurement Strategy and Planning An effective procurement strategy is essential for aligning spending with broader corporate goals and extracting maximum value from the sourcing process. Procurement leaders must partner with business heads to map procurement strategy to strategic priorities.
EazyStock
JANUARY 17, 2022
Consequently, companies are becoming more focused on anticipating, reacting to, and planning for the unexpected through their supply chain strategies. In 2022, key supply chain management trends all lean towards building supply chain resilience.
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Supply Chain Trend
AUGUST 13, 2020
Strategic planning–often for 3-5 years out–creates the initiatives to realize the vision (the What) as well as to promote the values and behaviors to display (the How). The budget, or annual operating plan, is normally the first year of the strategy.
Arkestro
JANUARY 4, 2023
At the same time, they’ll need to watch and prepare for future economic downturns and supply chain disruption. Particularly for procurement, there will be increased reliance on tools and services that can create and foster supply chain resilience, cost optimization, and agility,” Mellot added.
ivalua
FEBRUARY 25, 2021
Are ERP systems better than best-in-class supply chain solutions for managing healthcare supply chains? What are the pros and cons, and what supply chain strategy will pave the way to higher margins, improved supply chain risk management in healthcare and improved patient care?
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