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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Contract Negotiation After selecting the best supplier, the procurement team negotiates final contract terms like pricing, service levels, delivery timelines, warranties, and other legal and commercial conditions. Order Fulfillment Once a contract is signed, the supplier begins delivering goods or services as per the agreement.

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The Supply Chain Workload Iceberg!

Supply Chain Game Changer

But too often the expected deliverables from Supply Chain professionals are established without a real understanding of the totality and breadth of actual tasks that must be performed underneath those high level expectations. With an iceberg it is said that only 10% of it is visible as the rest is under the water.

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Experts Unfold Top Supply Chain Technology to Watch

Supply Chain Opz

Markus Rosemann, Vice President for Logistics and Order Fulfillment, SAP There is a great opportunity for technology to relate massive amounts of data from sensors, telematics systems and RFID tagged items in the Supply Chain and Logistics industries. Connected devices can also support the warehouse worker (i.e.

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The 10 Hottest German Procurement Startups

Procurement Software

At the same time, it also provides AI-powered management of contractual obligations and deliverables. Scalue Scalue is a growing Dusseldorf-based software company, offering a procurement spend analytics solution. Its use case-driven software aims to save you time and money by accelerating decision-making for procurement teams.