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SupplyChainManagement: Procurement is responsible for identifying suppliers, negotiating contracts, and ensuring cost-effective, compliant purchases. It’s heavily tied to spendmanagement, risk mitigation, and supplier performance.
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.
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.
We explore Focal Point offers intake, project management and procurement performance; Lavenir AI offers ongoing, virtual negotiation training practice; Raindrop is a complete spendmanagement suite built on modern technology; FRDM focuses on supplychain risk management; LUPR leverages Salesforce data for SRM.
Frank is the Director of Market Strategy at Cleo, where he is focused on helping companies get ahead and stay ahead despite persistent supplychain complexity. Every business has the opportunity to implement a procurement solution that promotes better overall spendmanagement while working cohesively with other procurement strategies.
It enables: Building stronger relationships with your key suppliers Competitive bidding, which optimises cost Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability Performing the appropriate pre-qualification of suppliers.
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. With this, you get a complete, cost effective solution to your technology spend issues.
Evaluating non-price factors important to your organisational objectives e.g. quality, lead time, sustainability. With s2P software, a sourcing module may help to discover new potential vendors, or uncover additional categories of spend that existing, incumbent suppliers are able to serve. Competitive bidding, which optimises cost.
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