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The Vital Role of Integration in Spend Management Solutions

ProcurePort

Integration serves as the cornerstone of effective spend management solutions, facilitating seamless connectivity across disparate systems and data sources. By enabling enhanced visibility and automation, integration empowers organizations to optimize spending, strengthen compliance, and drive strategic decision-making.

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Choosing a Contract Management Tool

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Choosing a Contract Management Tool Choosing a contract management tool is crucial for your business as you need to select what suits your company the best. Contract Management: What is it?

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Contract Management Responsibilities Checklist

Procurement Templates

Creating a comprehensive contract management checklist involves several key steps to ensure effective oversight and compliance. Ongoing Management: Schedule regular reviews of contract performance. Risk Management and Mitigation: Identify potential risks associated with the contract. Identify stakeholders and their roles.

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Stakeholder management

ABC of Procurement

Procurement does not have only SRM - Supplier relationship management. The post Stakeholder management first appeared on ABC of Procurement. We have an equally important element - our stakeholders.

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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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Using Supplier Management Software to Manage Supplier Risk

ProcurePort

Supplier Management Software: Supplier Risk: Effective supplier management is critical to the success of any business. As organizations grow, managing a growing number of suppliers can become increasingly complex.

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Inventory Management — Everything You Should Know

Procurement Tactics

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Inventory Management — Everything You Should Know Inventory management enables companies to ensure that they always have enough stock to fulfill customer orders. What is Inventory Management?

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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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Rethinking Direct Materials Sourcing: The Tools You Need To Manage Costs, Risks and Sustainability

Direct materials sourcing is evolving, with procurement now tasked not only with cost efficiency but managing sustainability and risk management. The environment is marked by heightened demand and expectations, compounded by challenges such as rising input prices, supply chain disruptions and geopolitical tensions.

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The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment

In "The Cost-Plus World of Supply Chains: The Macroeconomic and Geopolitical Environment," you'll find lessons from AT&T and GSK on managing today’s supply chain disruptions.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

A Fortune 500 CPG company partnered with GEP to improve end-to-end category management, optimize direct spend categories, and increase strategic focus on tail spend.

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Why B2B Contact and Account Data Management Is Critical to Your ROI

Download this eBook and gain an understanding of the impact of data management on your company’s ROI. Given data’s direct impact on marketing campaigns, reporting, and sales follow-up, maintaining an accurate and consistent database is a top priority for B2B organizations. You'll learn about: The true cost of bad (and good) data.

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CEVA Logistics Drives Agile, Multi-Leg Inbound Flows for Tech Company

CEVA Logistics, a global leader in third-party logistics, was contracted to help a technology company manage its complex supply chain, supporting B2B, B2C, and reverse flows across multi-leg transport.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

For global manufacturers, managing direct and indirect material spend can get very complicated very quickly. In response to these challenges, a leading heavy equipment manufacturer selected GEP to redesign its source-to-contract processes and implement a convergent data model to help manage procurement data across its multiple locations.

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GEP Spend Category Outlook 2023 Report

Read the GEP Spend Category Outlook 2023 report now to build successful spend management strategies across 22 indirect & direct categories. What are the risks for procurement in 2023? What should leaders do to deliver value amid uncertainties?