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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. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

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Strategic Sourcing Essential Techniques for Sustainable Success

Empowering CPO

Introduction In the ever-evolving landscape of procurement, organizations are turning to strategic sourcing services to navigate the complexities and achieve sustainable success. At EmpoweringCPO, we understand the pivotal role it plays in optimizing the supply chain, reducing costs, and fostering long-term competitiveness.

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Top 10 CEOs Who Have Had Roles in Supply Chain

SCMDOJO

From tech giants to manufacturing leaders, the top 10 CEOs in the supply chain industry have blazed a trail of success. The Top 10 CEOs Who Have Worked As Supply Chain Professionals 1. Tim Cook Tim Cook, the CEO of Apple, has a background in operations and supply chain management. Don’t forget!

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New Year Insights for the procurement solutions and services marketplace 2024: Fairmarkit

Spend Matters

With the geopolitical environment continuing its downward pressure on global supply chains, the economic volatility further cemented any cost-cutting measures that were already in place. You don’t want to be prompted to input a budget or confirm a customer sub-category.

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6 Reasons to Choose a Career in Procurement

Una

From supplier relationship management and global sourcing to risk assessment and sustainability initiatives, each day brings new hurdles to overcome. Procurement transcends geographical boundaries, making it an ideal choice for individuals with a global mindset.

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Deloitte Global CPO Survey 2023 — A focus on digital maturity and how to get there

Spend Matters

So while this year’s report places a lot of emphasis on operating model set-up and talent management, we wish to highlight the ‘Digitization’ section because Procurement has a clear imperative to build agility and resilience into supply chains. in the 2021 study to 10.9%.”

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A Gameplan for Procurement Transformation

NLPA (Next Level Purchasing Association)

Automation increases efficiency and reduces errors, leading to faster and more accurate procurement cycles. This results in better negotiation outcomes, improved quality, reduced costs, and enhanced overall value delivery.