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The Reality of Automation in Procurement!

Supply Chain Game Changer

Although other factors – such as supplier selection and management, quality management, and service management – make up a good procurement plan, cost management is still one of the most critical factors. stated that cost reduction is a close second. Challenges of Procurement Automation. Conclusion.

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Business process management (BPM) examples

IBM Supply Chain Blog

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. BPM can also provide real-time visibility into claim status and performance metrics.