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Tag: supplier relationship management

What Is Procurement? Process, Strategies, and Automation

Procurement is a pivotal function for any business upon which the pillars of strategic sourcing and cost management rest. This is more than just...

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What is Source to Pay? The Ultimate S2P Guide

If you run an office supply store and decide you need to purchase a large number of notebooks to stock your store, you’re going...

How to build an Effective Procurement Strategy

When your company’s procurement strategy is aligned with business goals, there may be a 4x higher return on investment. But a procurement strategy may...

What is Strategic Sourcing | Supply Chain Management Principles.

Strategic sourcing is a process that organizations use to identify, qualify, and select suppliers for goods and services. It is a long-term approach to...

New Features Set to Further Improve your Procurement Experience

New features can help businesses have greater control and efficiency across the board through end-to-end procurement transformation while improving compliance. Key Features Requisition Expiry Set...

What Powers Artificial Intelligence (AI)? A Guide to Procurement! – Supply Chain Game Changer™

Artificial Intelligence is an increasing part of our everyday lives, powering our smart phones and the internet of things.  But few people really...

How Market Intelligence Empowers Supply Chain Decision-Making

Navigating a vast network of over 36,000 suppliers and managing more than 700,000 unique SKUs offers my team a unique perspective into the dynamic...

Top 10 Supply Chain Challenges faced by Medical Device OEMs | Engineering – Johari Digital Healthcare Ltd.

Shortage of semi-conductor & components disrupted the entire supply chain globally during the COVID times. It created shortage of...

The top 15 spend management software in 2023

Gartner defines spend management as a set of practices that ensure that organizations make procurement and sourcing decisions in the interests of both the...

Strategies for Improving Supplier Relationship Management (SRM)! – Supply Chain Game Changer™

Strategies for improving Supplier Relationship Management (SRM) are the hallmark of the Modern Procurement Function.   In this article we are providing our list...

How Digitization is Enhancing Supplier Relationship Management

This post has already been read 135 times! Supplier relationship management (SRM) is a critical part of running an effective supply chain. Organizations must regularly...

How Machine Learning Optimizes the Supply Chain

The supply chain as we know it continues to evolve, and that is due in part to learning from the effects of the industry...

Supplier Relationship Management Tips

Supplier Relationship Management is so important and yet many organisations are not good at it. What things do people get wrong with SRM? Let‘s learn from...

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