Remove Demand Remove e2e Remove Strategic sourcing Remove Supply Chain Optimization
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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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4 smart technologies modernizing sourcing strategy

IBM Supply Chain Blog

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

This supports strategic sourcing efforts. Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. This enables more accurate planning.

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Procurement Tracking – Everything You Should Know

Procurement Tactics

This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations. These tools allow for automated, integration to suppliers and visibility in procurement data at any time. This approach promotes efficiency throughout the whole procurement process.

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The 25 Hottest US Procurement Startups

Procurement Software

FRDM FRDM is a software company specialising in supply chain risk management. Their software is designed for multinational corporations managing complex supply chains. It helps large enterprises like Virgin, Coca-Cola, Boeing, and IBM map, monitor, and mitigate ESG risks across their global supply chains.

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Strategic Procurement: What Is Is and Why It’s Essential for Business Resilience 

Pipefy

Strategic procurement, or procurement strategic planning, is a data-driven process that helps businesses align procurement and business goals. The result is greater supply chain predictability, more accurate decision-making, and better business agility. What is strategic procurement?

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Coronavirus & The CPG World: What to do now and how to prepare for the future?

Solvoyo

We believe that the CPG commercial world is already taking several actions to adapt to the supply chain disruptions of the pandemic. 2) Real-time visibility is extremely valuable during times of crisis! End-to-end scenario analyses require this visibility data as input. What does this mean for the CPG world?

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