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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

A successful procurement transformation involves a strategic overhaul of processes, technologies, and approaches to achieve greater efficiency, cost savings, risk management, and value creation. Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles.

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Innovative Procurement Models: Exploring Different Approaches

Empowering CPO

Whether you’re a procurement professional looking to stay ahead of the curve, a business leader seeking to drive efficiency, or simply someone interested in business innovation, this post is for you. These technologies enable better supplier evaluation, improved contract management, predictive analytics, and enhanced transparency.

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Top Competencies of Procurement Professionals

NLPA (Next Level Purchasing Association)

With the increasing complexity of supply chains and the growing importance of sustainability and social responsibility, the role of procurement professionals has become more critical than ever. Properly identifying and mitigating risks is essential to ensuring success and sustainability.

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Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

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Procurement Terminology is a Mess!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. categorically be boiled down to the ability to communicate efficiently. See Image Below, also from CIPS where the cycles of eSourcing and eProcurement are visualized). Source: CIPS. eSourcing is the discipline of all activities leading up to the eProcurement cycle.

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11 Best eSourcing Software for Mid-Market Companies

Procurement Software

Krinati Krinati offers an eSourcing software solution that leverages knowledge management and team collaboration. It automates the entire sourcing cycle, improves compliance and transparency, reduces cycle times, enhances teamwork, and promises a near-immediate return on investment.