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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

By the end of this article, you will have an idea of the importance of procurement tracking in your business and which procurement tracking software you would want to utilize. This allows for the identification and implementation of measures to mitigate any delays or obstacles in the supply chain by organizations.

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Procurement KPIs: 22 Essential Metrics for Tracking and Visualizing Procurement Performance

Pipefy

The success of these activities directly affects vendor relationships, customer satisfaction, and revenue. Effective modern procurement requires end-to-end process tracking to both view and control the costs, sourcing, quality, and delivery times associated with acquired goods and services.

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What is Digital Procurement? Ultimate Guide to Procurement Transformation

Pipefy

Businesses choose digital procurement because it reduces their dependence on spreadsheets and email threads, and because it standardizes their processes. Containing costs. Enhancing visibility and control. For example: the ERP system, SAP, Netsuite, and other finance software. Enhancing visibility and control.

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Procurement Automation: Key To A Better Process

Pipefy

Escalating supply-chain volatility and inflation put pressure on procurement teams to “do more with less.” Procurement automation can also refer to the use of this technology to manage end-to-end workflows within the procurement process. For example, workflows such as sourcing , vendor onboarding, RFP, and P2P.