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The Importance of Value-Added Services in Logistics and SCM!

Supply Chain Game Changer

According to Gartner Glossary a value-added service (VAS) is provided by a network or its resellers to generate additional revenue by providing users with additional benefits. All other VAS revenue is deemed transparent and is accounted for as part of call costs or subscription income. What is a Value-Added Service?

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6 Essential Procurement Training Courses for Professionals: How To Begin and Advance Your Career in Procurement

SCMDOJO

Procurement professionals play a vital role in driving operational efficiency, cost savings, and strategic decision-making. Cost and Time Commitment Take into account the cost of the training programme and determine whether it is worthwhile given your budgetary constraints. Procurement and Purchasing Cycle Lesson 7.

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Procurement Glossary

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B Bid A submission from a supplier or vendor containing a cost estimate for goods or services, usually in response to a business’ invitation to bid. Benefits of digital procurement include less manual work, cost reductions, increased organizational transparency, and improved customer experiences.