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The Importance of Supply Chain Visibility for Procurement

NLPA (Next Level Purchasing Association)

Supply chain visibility is essential for successful procurement, as it enables businesses to proactively manage risks and optimize their supply chain. By having a clear view of their entire supply chain, businesses can identify potential issues and take steps to mitigate them. million in 2015.

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4 strategic sourcing use cases to strengthen your supply chain

IBM Supply Chain Blog

In this age of supply chain disruptions that hold the power to upend entire industries, strength and resilience across the entire value chain is no longer a nice-to-have—it’s a survival tactic. They also factor in how a strong partnership could reduce supply chain risk and advance sustainability.

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Global Supply Chain Management: Best Practices and Trends

HICX

As an increasing number of organizations engage with vendors on a global level to fulfill their supply chains, the need for supply chain robustness has never been so critical. The Global Supply Chain Landscape: What is the current situation?

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Agile vs Lean Supply Chain: What’s the Difference?

Procurify

Did you know that only 22 percent of companies have a proactive supply chain network? That’s why in today’s fast-paced global economy, it’s more important than ever to make sure your supply chain is efficient and reliable. . Let’s take a look at each of these supply chain management methods. .

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Meet the Founder: #1 – Nick Verkroost (Canopy)

Procurement Software

This is where every month, we’ll ask the Founder or CEO of a procurement software company a few questions. Our aim here is to shine a light on some of the lesser-known solutions. This first one features Nick Verkroost, CEO of UK-based supplier data and SRM platform Canopy. Welcome to a new series of blogs!

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How to improve data for supply chain digital twins

Orderhive

Enterprises have begun to create digital twins of different aspects of supply chains for simulation purposes. Multiple approaches to supply chain twins show greater value in identifying supply chain bottlenecks, meeting sustainability, and improving efficiency. What is a supply chain digital twin?

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Procurement Strategies and Innovation – A CPO treasure chest

Spend Matters

For our readers who couldn’t/didn’t attend, here are our own reflections based on the time we had ( if we missed you, apologies, but do reach out to us here to get your procurement tech solution in front of our analysts ). So cleansing of SMFs is vital, even though it takes time.