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What is supply chain sustainability?

IBM Supply Chain Blog

When your sourcing team chooses what to buy and who to buy from, are you selecting vendors who share the same social values as your brand? Your customers, employees and shareholders want to know you have a plan to address supply chain sustainability. Why is supply chain sustainability important?

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Smarter Insights, More Innovative Solutions: Why Procurement Needs a Seat at the Strategy Table

Pipefy

To do this, procurement teams require visibility into their data, control over their processes, and a seat at the business strategy table. In a recent survey conducted by Pipefy, 55% of C-suite executives responded that “improved agility” was a primary benefit they expected from process automation software.

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The AI Advantage: Unlocking New Value for Procurement Teams

World of Procurement blog

This supports strategic sourcing efforts. This maximizes value from sourcing partnerships. Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending.

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

Pipefy

The result is greater supply chain predictability, more accurate decision-making, and better business agility. This also leads to more advantageous strategic sourcing. It also benefits end-to-end procurement management since visibility and transparency are emphasized. What is strategic procurement?

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What’s Next for Digital Procurement?

Jaggaer

We dealt with one of them in the previous article in this series: the need to integrate data across the full spectrum from source-to-pay. This does not necessarily mean “hands-on” knowledge of software development, as the software applications are now available in secure multi-tenant cloud-based solutions. One platform.

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5 steps for Procurement to impact on financial results

Claritum

many influences: political, environmental and technological. Procurement behind the drive for sustainable/ethical supply of goods and services to efficiently and effectively support the operations of the. larger percentage of their staff allocated to sourcing, supply base. Supply chain optimisation.

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

That’s where procurement, sourcing, and purchasing technology comes in. Learn about six solutions that can be applied in 2024, why you should apply them, and how to get started. Finally, procurement teams are responsible for anticipating and responding to disruptions in the supply chain and their own process.