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Webinar Recap: Procurement 2022, Big Trends and Predictions

ivalua

While the procurement industry is consistently evolving and shifting, supply management professionals across the globe have had to quickly prepare for change and innovation in technology, business regulations, and the general speed of commerce. . The Criticality of the Supply Chain (and Suppliers).

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How to build a successful procurement strategy

IBM Supply Chain Blog

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. In addition, a well-crafted procurement framework fosters innovation and sustainability.

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What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. The best procurement managers are masters of risk mitigation and budget management, while also maintaining high quality standards and a competitive edge.

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Beginner’s Guide to Managing Spend

NLPA (Next Level Purchasing Association)

By effectively managing spend, Procurement & Purchasing Teams can drive cost savings, enhance operational efficiency, and contribute to the overall profitability of the organization. The Impact on Procurement & Purchasing Teams Managing spend has a direct impact on the success of Procurement & Purchasing Teams.

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Procurement Synonyms: All The Words You Need to Know in 2023

SCMDOJO

In the dynamic landscape of supply chain management, precise terminology is paramount. Sourcing plays a crucial role in building strong supplier relationships and achieving cost-effectiveness in the supply chain. Stocking: Stocking relates to the physical storage and management of inventory within a supply chain.

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How to be a better procurement manager in 2022: The latest updates on procurement digitization

Zycus Cognitive Procurement

Over the past two years, we’ve seen how supply chains are constantly changing and facing uncertainties. Therefore, Procurement teams must identify innovative ways to bring value to the firm in order to accomplish corporate goals. Here are the latest updates on digital procurement in 2022 : .

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4 Best Online Learning Tools for Remote Instruction!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. The reasons for that always varied from an overly complex solution implemented by some schools to the inability to sit through the lengthy Zoom sessions with all their flaws and innovations. appeared first on Supply Chain Game Changerâ„¢. Subscribe Here! Email Address.