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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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Procurement Tracking – Everything You Should Know

Procurement Tactics

Budget and Cost Control Procurement expenditures, monitoring variations in the cost and identifying opportunities for savings, and avoiding unnecessary costs shall be monitored in accordance with the approved budget. It also has a great budgeting toolkit that simplifies the planning and management of expenses.

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Unleashing the Power of Procurement Buyers: Delving into this Impactful Role

Arkestro

After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain. But what does a procurement buyer do, exactly?

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Exploring the ROI of Managed Procurement Services

Empowering CPO

By taking on the complexities of procurement, these services allow businesses to focus on their core competencies, while reaping the benefits of optimized supply chains, cost savings, and improved vendor relationships. Cost Savings: At the heart of every procurement function is the objective to save costs.

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Two Types of Procurement: Project Based and Operational!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Procurement operations are the backbone of every company’s supply chain. Fundamental to procurement is the acquisition of goods and services from a party that’s further up the supply chain. appeared first on Supply Chain Game Changer™.

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Vendor Relationship Management: Complete Guide to Building Strong Relationships

Pipefy

Vendor relationships are complex. Building solid partnerships with different vendors requires flexibility, coordination, and clear communication. Below, we take an in-depth look at managing vendor relationships and the tools, systems, and strategies needed to successfully build a network of reliable and trusted vendors. .

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At IBM Think, partners are front and center

IBM Supply Chain Blog

Cleanslate helped their client implement IBM’s CloudPak for Security on AWS using existing spend commitments with AWS, thus meeting the client where they are while capitalizing on strategic vendor relationships. These successes validate IBM’s investment in our expanding ecosystem, which is gaining momentum each day.