Remove Price Remove Real-time Visibility Remove Supply Chain Optimization
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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Types of Supply Chain Reports: Definition and Benefits

SCMDOJO

Supply chain reports offer a comprehensive view of your entire supply chain operation. They are powerful tools for businesses to identify areas for improvement, optimize processes, and gain a competitive edge. What are Supply Chain Reports?

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

It also has an impact on procurement teams as they are responsible for managing supplier relationships, identifying opportunities for cost savings, and ensuring that goods and services are delivered on time and within budget.

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The Best Ways to Use Project Management to Build Resilient Supply Chains Amid Global Disruptions

SCMDOJO

Supply chains are the backbone of global trade that ensure the smooth movement of goods and materials across industries. Businesses must find effective ways to strengthen their networks and improve flexibility to maintain stability during uncertain times. Enhance visibility across the supply chain through structured reports.

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Procurement vs Purchasing: Key Differences, Workflows, and Enterprise Risks

ivalua

Understanding these differences is essential for businesses that want to optimize operational efficiency and safeguard against costly errors. Technology unifies procurement and purchasing, improving visibility, compliance, and workflow automation. It begins once a supplier has been selected and pricing has been agreed upon.

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How to implement a future-ready e-procurement function

Spend Matters

A well-structured transformation journey ensures organizations progress from basic digitalization to advanced AI-driven procurement, enabling smarter decision-making, better compliance and optimized supply chain performance. When procurement lacks visibility into budget constraints or supplier performance, inefficiencies arise.

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Spend Matters Future 5 2024 – Introducing True ValueHub

Spend Matters

We believe these companies deserve greater visibility, especially in a market which is increasingly consolidating and diluting buyer choices. To potential buyers — True ValueHub can save category managers and buyers significant time and money by identifying new opportunities based on a deep analysis of costs and drivers.