Remove Eprocurement Remove Strategic sourcing Remove Supply Chain Efficiency
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3 Powerful Ways Procurement will Drive the 2030 Saudi Vision Transformation

ivalua

Procurement and supply chain teams will play a crucial role in making this vision a reality. Developing and executing category strategies is critical to effective strategic sourcing. That’s why it’s important to analyze spend and successfully define/execute sourcing and supplier management strategies across all spend.

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Digital Procurement for Enterprises: Key Challenges and Critical Capabilities

ivalua

Enterprise procurement teams face growing pressure to deliver strategic value – managing supplier risk, ensuring compliance, and supporting sustainability – all without sacrificing speed or control. They increase an organization’s efficiency during processes like sourcing, purchasing, supplier management, and spend analysis.

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Essential Procurement Skills for the Leaders of Tomorrow

Skill Dynamics

Strategic Sourcing and Supplier Relationship Management Strategic sourcing skills are crucial for procurement professionals to effectively identify and then leverage opportunities within the supply base to create value. Strategic sourcing can also help reduce the overall risk in a given supply chain.

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The One Point Analysts Are Missing? Technology Is IRRELEVANT!

Procurement Insights

Comprehensive eProcurement platforms were not yet prevalent. Significance : Baan’s software emphasized integration across the supply chain, including procurement processes. Manugistics : Focused on supply chain and logistics, Manugistics provided procurement tools to enhance sourcing and supplier management.

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What is Source to Pay? Steps, Benefits, and Best Practices

Jaggaer

That said, many organizations, including large enterprises, may not think in terms of source to pay as an end-to-end process, if they think about it at all. Rather than treat procurement as a series of disparate tasks, global organizations in all sectors implement efficiency across the source-to-pay journey. the public sector).

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Supplier Collaboration: Fundamental to Elevating Manufacturing Performance

Jaggaer

By selecting and developing the right suppliers and establishing streamlined, transparent communication with them, manufacturers gain the agility and resilience to respond to customer demands, rise to the top, and navigate disruptions more easily. Decision-makers must plan supply chain resilience strategies for a wide range of risk scenarios.

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We’re BACK! 5 Reasons to attend 2022 Ivalua NOW DC: Stronger Together

ivalua

Director Strategic Sourcing Digital & Functional Transformation, . Sourcing Optimization – How to rethink sourcing strategy for better product efficiency, Borgwarner. Measuring eProcurement Success: A Q&A with the State of Ohio’s Andrew Cochran.