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How Risk Management Software is Transforming 3 Industries!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Supply Chain Risk Management is a Cirque Du Soleil Calibre Act! In today’s world, supply chains are more important than ever. In fact, 89% of businesses encountered a supplier risk event in the last five years. Subscribe Here! Email Address.

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13 Important Roles of Data Analytics in Supply Chain Optimization

SCMDOJO

For businesses to succeed, supply chain optimization is essential to succeed. Supply chain optimization can achieve this with the help of data analytics. They can understand their supply chain operations with more precision. They can understand their supply chain operations with more precision.

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5 Big Ideas for CPOs in Europe to Develop Procurement Strategies for 2023

Zycus Cognitive Procurement

Zycus recently conducted a virtual event for CPOs, Procurement Leadership Agenda and Narratives (PLAN 2023), where we invited industry experts and procurement thought leaders across the Europe to discuss the upcoming technology trends and procurement strategies for 2023.

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Procurement 101: Your Essential Guide to Strategic Sourcing

World of Procurement blog

Procurement Strategy and Planning An effective procurement strategy is essential for aligning spending with broader corporate goals and extracting maximum value from the sourcing process. Procurement leaders must partner with business heads to map procurement strategy to strategic priorities. needed to deliver on the KPIs.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. This can also include economic instability.

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Could some of our UK counties be under water by 2050?

Value Match

The new software has a reduced bias and error scatter compared to previous models. The Environmental Agency has set out it’s own risk management strategy to support the nation for flooding and coastal changes. Monitor and adapt: Procurement teams should monitor the changing risks and adapt their strategies accordingly.

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Why Predictive Procurement in Health and Pharma is the Future

Arkestro

Ultimately, many of the findings explain the importance of predictive procurement , a strategy that will be critical to the future of health and pharma. . We all remember the early days of the pandemic and shortages in critical medical supplies. By adopting this strategy, procurement teams build supply chain resilience and agility.