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Procurement and supplychainmanagement are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. In this blog, we cover the key differences between procurement and supplychainmanagement, and explain where the biggest disconnects typically occur.
London, UK – June 18, 2020 – Ivalua, a leading provider of spendmanagement software, today announced the general availability of its new platform release 166. The release features a broad array of innovations to empower customers to better manage their spend and suppliers.
During this session, the panel answered questions surrounding data as a driver of sustainable value, continuity, and transparency and how data can fuel digital transformation. . Dramatic supply and demand shifts during the pandemic prioritized the need for data accuracy to solve short and long term supplychain challenges.
EPISODE 137 Using Visibility to Combat SupplyChain Abstraction with Frank Kenney By Kelly Barner | October 18, 2023 In the race to build global empires of data and digital systems, today’s businesses must not risk forgetting what all of those zeroes and ones mean.
Supporting the Liquor Control Board of Ontario (LCBO) during a rail strike requires a procuretech provider that offers strong supplychainvisibility, risk management, and flexibility in sourcing and logistics. SupplyChainVisibility and Risk Management 3. Here’s why: 1.
Raindrop Raindrop is one of a number of US procurement startups offering enterprise-level spendmanagement platforms. Raindrop has also been recognised as a cloud-enabled procurement focused Contract Lifecycle Management (CLM) application. FRDM FRDM is a software company specialising in supplychain risk management.
Improvements to end-to-end supplychainefficiency. The goal is usually to develop the most efficient transactional procurement operations. The next step is using automation to increase P2P digitisation and efficiency to a more advanced level. End-to-end supplychainvisibility ensures more synergy in cooperation.
With these purchases there is no supplychainvisibility resulting in the risk of repetitional damage if produced by a dodgy supplier and no control over shipping across borders, such as customs delays. So, how can companies source promotional goods efficiently and maximise the benefits promotional products offer?
Improvements to end-to-end supplychainefficiency. The goal is usually to develop the most efficient transactional procurement operations. The next step is using automation to increase P2P digitisation and efficiency to a more advanced level. End-to-end supplychainvisibility ensures more synergy in cooperation.
Plus, with this approach to purchases there is no supplychainvisibility. Resulting in the risk of reputational damage and supply delays associated with shipping across borders. So, let’s look at the approach companies can take for sourcing promotional goods and services efficiently. Case Studies. CASE STUDIES.
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