Remove Project management Remove supply chain budgeting Remove Supply chain resilience
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Indirect Procurement: Why It Gets Mismanaged and How to Fix It

ivalua

For many enterprise teams, managing indirect spend feels like a reactive process that’s out of sync with business goals. While juggling decentralized requests, surprise renewals, and one-off contracts, enforcing policy and staying on budget is no easy feat.

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MCIPS vs SCMDOJO Procurement Track

SCMDOJO

Targeted Learning: SCMDOJO offers a range of courses and learning paths focusing on specific procurement areas, such as e-auctions, contract negotiation, cost optimization, and supply chain resilience. Budgeting several thousand pounds is a realistic starting point.

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16 Key Features to Prioritize When Choosing Procurement Software

TYA Suite

You want to see spending trends, , and budget use in one place. When we first set this up, I was surprised at how quickly we caught cost leaks we had never seen before. If procurement tools can't sync seamlessly, it creates more work rather than reducing it. Real-time budget tracking is another big one.

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4 Ways Modern Software will Empower Digital Procurement

ivalua

The pandemic has accelerated this trend, with the Procurement function front and center in the fight to ensure supply chain resilience and continuity, reduce costs and protect the bottom line. It can help securely share information, make communication more efficient and improve project management. .

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7 Signs of Excellent Procurement Teams!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Procurement professionals surveyed in the 2019 CPO Rising study responded that limited budgets and lack of modern procurement technologies were the top seen as the top 2 hurdles for achieving procurement objectives between 2020–2022 (CPO Rising 2019). Subscribe Here! Email Address.

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Digital Procurement Tools: How much do they cost?

Procurement Software

You don’t need a 6-figure software budget or a large sum to hire consultants for implementation. There’s plenty of digital procurement solutions out there for every budget. So, we’re going to take a quick look at three different price brackets and examine what you can buy with this budget. Let’s dive in.

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How to Build an Effective Procurement Strategy for 2024

TYA Suite

Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain. Whether it's reducing costs, mitigating risks, or enhancing supplier diversity, a thorough comprehension of business needs guides the strategic direction of procurement initiatives. :