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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. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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Procurement Tracking – Everything You Should Know

Procurement Tactics

Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget. Documents concerning the contracts shall also be undertaken.

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The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Featuring Our 12 Best Procurement Articles! Procurement is a function that is undergoing an exciting transformation in the majority of global value chains; simultaneously, within its own strategy, process, and technology. Lack of Visibility Beyond Tier 1.

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Procurement Technology: 6 Solutions You Should Know In 2024

Pipefy

Procurement technology landscape Procurement technology is primarily designed to simplify procurement processes and reduce costs, but it’s grown to offer so many more benefits than that, with the greatest one being transforming procurement into a source of reliable strategic influence.

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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. FRDM’s platform integrates with procurement data to map supplier relationships across multiple tiers automatically.

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Transforming Procurement with Spend Analysis Technology

Empowering CPO

It’s a delicate balancing act, where businesses must juggle quality, cost, supplier relationships, and risk management, all while keeping an eye on their bottom line. As such, procurement plays a critical role in a company’s operational efficiency, financial performance, and overall competitiveness.

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

It aims to make the procurement process more efficient, transparent, and cost-effective. It can help organisations reduce costs, optimise supplier relationships and increase compliance. Digital procurement can be implemented using different technologies, which we will explore in detail later in this article.