Future Purchasing
OCTOBER 4, 2022
The real value is spending some quality time with your stakeholders to discuss potential categories to focus on and identify resources required to make the cross-functional working more effective. Procurement teams clearly appreciate why strategic alignment planning activity is such an important activity.
Arkestro
MARCH 27, 2024
Regardless of industry, procurement buyers fulfill their role by finding the best suppliers, negotiating contracts, and identifying the most cost-effective, timely procurement of goods. The best procurement buyers have a solid understanding of market trends, supplier performance, and ethical sourcing. You can unsubscribe at any time.
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Skill Dynamics
OCTOBER 19, 2023
Effective role-based training for sourcing managers therefore includes training that sharpens their strategic thinking, supplier assessment, and market analysis skills. Their main objective is to ensure that supplier contracts align with the business’s objectives and protect its interests at all times.
Zycus Cognitive Procurement
JULY 27, 2021
Although, this “a-ha” moment makes for great viewing, but we know that crimes are solved based on hard facts in real life. Once upon a time in procurement, a Chief Procurement Officer (CPO) may have been able to make decisions by relying on their instinct; after all, instinct is simply the product of years of distilled experience.
Una
SEPTEMBER 22, 2022
It’s impossible to have the most current or newest application implemented at all times. Lack of visibility into spend and contract data also contribute to the difficulty of managing IT spend. Collect and analyze spend information to make better IT decisions that are supported by real-time data and meet your organization's needs.
Empowering CPO
MAY 4, 2023
By effectively managing the purchasing process, companies can better control their expenditures and optimize their supply chain, ensuring the availability of the right products and services at the right time. Greater transparency: Real-time tracking of procurement activities allows for better monitoring and control of the entire process.
Supply Chain Collaborator
NOVEMBER 21, 2019
Where is the freight market heading and how can a shipper be prepared to address changes as they occur in real time? Clearly both cannot be true at the same time. You may have some questions about how to realize the goal of cutting through the static using analytics as a “knife”. It’s all static.
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