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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. In this blog, we cover the key differences between procurement and supply chain management, and explain where the biggest disconnects typically occur.

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How to Improve Your Indirect Spend Management Strategy

Procurement Express

How Best-in-Class Companies Turn Indirect Spend Into a Competitive Advantage Top companies approach indirect spend strategically, using tools like indirect spend analysis and strategic sourcing to uncover cost savings opportunities. Heres how they do it: Educate teams on the hidden value of indirect spend management.

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Direct vs Indirect Procurement: Key Differences, Challenges, and Opportunities

ivalua

Direct and indirect procurement are two fundamental approaches in supply chain management, each serving distinct functions within an organization. One organization, Körber, has successfully unified direct and indirect spend management, using Ivalua.

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The Oldest Procurement Blogs in the Procurement Industry

Procurement Insights

Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. AI, e-sourcing), spend analytics, and best practices. It serves analysts, procurement leaders, and managers.

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

ivalua

While the terms procurement and purchasing are often used interchangeably, they address different aspects of an organization’s spend management. Procurement is the strategic, big-picture approach to sourcing and supplier relationship management, while purchasing is the tactical execution of those plans.

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What are the Key Digital Strategies in Logistics?

Supply Chain Game Changer

Nevertheless, the supply chain industry faces various challenges that can be effectively addressed through the utilization of high-performing software solutions. Below are some common problems in supply chain management and how they can be mitigated with the assistance of software solutions and digital strategies in logistics.

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Cost Avoidance in Procurement: The Invisible KPI

Procurement Software

From reducing carbon footprints to ensuring ethical labour practices, these efforts create substantial long-term value that rarely appears in traditional savings reports.