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Why Procurement Management Tool is a Must for Efficient Purchasing

Precoro

Procurement is a complex and dynamic process involving strategic planning and several stages of execution, from sourcing to paying and reporting. Supply chain management, purchase requisitions and orders, budget management, and three-way matching – all these processes are integral to procurement as a whole.

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Energy Transition in Supply Chain

Logistics Viewpoints

Supply chain sustainability has become a very hot topic, but for a lot of people, there is uncertainty around its meaning. However, sustainability in logistics goes well beyond these initiatives, especially when we begin to look at energy transition. A recent ARC survey looked at reasons to address sustainability.

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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

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What is Procurement? Process, Strategies, Software

Unleashed

Behind every successful product business is a thoughtful procurement strategy designed to optimise the supplier management and purchasing process. This guide answers exactly what is procurement, how procurement works in a business , and which tools and strategies lead to supply chain success.

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Warehouse Consolidation: A Complete Guide (2024)

Unleashed

This is the secret to sustainable growth and higher profits. Consolidation warehousing is a strategy that allows your business to reduce transportation costs and improve customer service by combining shipments from various sources into a single truckload. What is a consolidation warehouse?

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Upgrading your Supply Chain Planning Software to the Cloud: Everything you need to know

Logility

Integrations include cloud ERP systems, data warehouse solutions, or big data systems – such as Microsoft Azure Synapse and Snowflake – or can be driven by events or web services that make the platform more responsive. More than half (53%) say that cloud is enabling them to achieve greater resiliency and sustainability.

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Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology

The Logistics & Supply Chain Management Society

Putting the Planet First: Bringing Sustainability To The Last-Mile With Logistics Technology. Parallelly, expectations around the overall purchasing experience have also grown steeper. Scale and Sustainability: The Ultimate Balancing Act. How does sustainable growth figure in this context? trillion in 2021, up from $4.2