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How to build a successful procurement strategy

IBM Supply Chain Blog

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

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How Digital Procurement Tools Can Eliminate Busy Work

Procurement Software

Digital procurement tools offer buying teams a once-in-a-generation opportunity. What is digital procurement? Digital procurement is a process where technology is used to streamline the procurement process, both operational and strategic. What is procurement tech? What technologies power digital procurement tools?

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The Reality of Automation in Procurement!

Supply Chain Game Changer

Why Procurement Transformation Can Fail! The duties of procurement managers are diverse, ranging from creating solicitations to collaborating with vendors. The importance of digital procurement is increasing rapidly. Along with cost savings, procurement managers are focusing on optimizing and automating processes.

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Food Waste and World Hunger – The Food Supply Chain is Broken! (Videos)

Supply Chain Game Changer

Better Supply-Demand planning, Quality management, transportation lead time reduction, distribution network optimization, cycle time reduction, better handling, more effective storage, real time order management, and reverse logistics improvement are all within the purvey of Supply Chain. Infographic) . All Rights Reserved.

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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.