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What is the importance of risk management to procurement?

ProcurePort

Holistic Risk Management Approach: Proactive Identification: Implementing proactive measures to identify and assess diverse risks, ranging from supply chain disruptions to market fluctuations, regulatory changes, and operational inefficiencies. appeared first on ProcurePort Blog.

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Sri Lanka Import and Export Statistics

Procurement Tactics

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Sri Lanka Import and Export Statistics Sri Lanka’s import and export activities decline steeply after its worst economic crisis in decades. Sri Lanka’s Export Development Board documented a 5.8%

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What Is Expense Management Software & Why Is It Important?

ProcurePort

Expense management is a key concern in business because unmonitored spending can easily hurt an otherwise profitable enterprise. The management process involves tracking how employees are using their spending leeway and reimbursing such expenses. The post What Is Expense Management Software & Why Is It Important?

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The Importance of Supplier Audits in Risk Management

Procurement Freelancers

The landscape of organizations is constantly evolving, underscoring the significance of risk management. As international… The post The Importance of Supplier Audits in Risk Management first appeared on Procurement Blog | Procurement & Supply Chain News.

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How to Avoid the Pitfalls of Contract Management in Telecom & High-Tech

The high-tech and telecom sectors face a contract management crisis if the process isn’t managed properly. What can CPOs do to ease the contract management burden?

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Why Holistic Supplier Management is More Important than Ever Before

ivalua

The post Why Holistic Supplier Management is More Important than Ever Before appeared first on Ivalua.

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The Importance of HR in Supply Chain Management

All Things Supply Chain

From the outside, it would seem that your Human Resources (HR) department should have little to do with supply chain management, especially if you use a third-party distribution company. However,…

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Strategic Cost Management Approaches to Unlock Growth and Increase Profitability

The secret is mastering strategic cost management strategies. This GEP bulletin, "Strategic Cost Management Approaches to Unlock Growth and Increase Profitability," breaks this down into clear, actionable steps. How can businesses gain a competitive edge in an era marked by relentless competition and economic fluctuations?

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2020 Database Strategies and Contact Acquisition Survey Report

47% of marketers said they have a database management strategy in place, but there is room for significant improvement. As buyer expectations to receive this type of relevant engagement continues to heighten, database management strategies are of high importance.

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Best Practices for a Marketing Database Cleanse

As frustrating as contact and account data management is, this is still your database – a massive asset to your organization, even if it is rife with holes and inaccurate information. This buyers guide will cover: Review of important terminology, metrics, and pricing models related to database management projects.

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The Ultimate Guide to Executive Recruiting

It's no secret that hiring for a senior management position is a tough task for recruiters, and remaining open to changes and seeking better ways to source candidates is critical. That is why building a strong framework for executive hiring that maximizes efficiencies while minimizing cost and time to hire is important.