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AI in procurement: How different industries are harnessing its power

Spend Matters

Across industries, AI is capable of reshaping procurement, making it smarter, more predictive and highly efficient. In this article we will highlight some of the key changes AI has made to procurement strategies in the following industries: manufacturing and industrials, life sciences and healthcare, and the public sector.

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Contract Management Process — Everything You Should Know

Procurement Tactics

Contract management, also known as contract lifecycle management, in the field of procurement refers to the handling of end-to-end contracting with the suppliers and other third parties of an organization. . Enhanced contract visibility. So without further ado, let’s start uncovering contract management. .

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Supplier collaboration software: A full overview

TYA Suite

Stronger risk management and supply chain resilience Effective collaboration provides greater visibility into potential risks, such as raw material shortages or market disruptions. Supply chain visibility and transparency A key feature of supplier collaboration tools is enhanced visibility into the supply chain.

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11 Great Procurement Tools for Manufacturing Companies

Procurement Software

It covers quotes, tracking, production, and supply chain management, which considerably enhances efficiency for its users. Recognised for its ability to significantly reduce production lead times and improve supply chain visibility, Jiga has earned the trust of top-tier global companies.