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Speed, Collaboration and Innovation – Key Words for the New Procurement Decade

ivalua

That requires extraordinary work internally and co-ordination with key suppliers. One major consumer goods business has a corporate objective that 50% of their sales in any given year should come from products that are three years old or less (because they know others will copy their products).

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The 10 Procurement Metrics that Matter in 2021

Unleashed

What is procurement? In simple terms business procurement is the process of locating and acquiring goods and services from external sources for the business to use. Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis.

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HICX helps Orkla to ensure supply chain resilience

HICX Solutions

HICX, the leading Supplier Experience Management Platform, is excited to announce a new partnership with the €5 billion Nordic consumer goods company, Orkla. When it comes to onboarding new suppliers, the company requires as much flexibility with as little operational disruption as possible.

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Introducing QAD Adaptive ERP 2021.1

QAD

Integrated Supplier Management. Integrated Supplier Management creates value for manufacturers by improving supplier collaboration and supply chain visibility allowing for faster response to changes in supply and demand.

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Coronavirus Highlights Fragility of Global Supply Networks

Jaggaer

Procurement professionals around the world are sitting up and paying attention, especially in sectors with globally integrated supply chains. Since the outbreak of SARS in 2003, the last major epidemic to hit China, the country has become even more important as a source of key components and materials as well as finished consumer goods.

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Why An Holistic Approach to Suppliers? Your Questions Answered

Jaggaer

Last week, Director of Product Management Georg Rösch hosted a webinar that asked the question, “Why is it important to take a holistic approach to supplier management?” It’s just another example of suppliers becoming a larger and larger part of every business. . This is great news for the procurement function!

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Supply Chain Predictions 2020: Uncertainty Demands Resilience

ToolsGroup

They drive benefits such as improved business planning and improved sourcing, procurement and supplier management. However, with blockchain companies can validate the provenance of raw material in the food, medicine or consumer goods supply chain.

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