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Strategic Procurement: 4 Tactics for Economic Recovery in 2021

ivalua

Historically, the role of Procurement has been regarded as being exclusively aligned with cost management and supplier management , which is only part of the full picture. This list should include the business metrics that each procurement project impacts. You can see the full diagram and read the report here.

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A Look Into Procurement Metrics Amidst The Pandemic 

ivalua

Of course, over the last few years, the role of Procurement has become more visible, in large part due to broader recognition of the value and closely monitored and tracked performance metrics that are now more mainstream. In fact, in the study, 87% rate supplier management programs as important, high priority or top priority.

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Mitigate Supplier Risk with QAD SRM

QAD

The COVID-19 pandemic, the 2021 Suez Canal obstruction, natural disasters, wars, scarcity of semiconductors, the energy crisis in Europe…are all examples showcasing the need to better manage and monitor your supplier base. Examples of performance include quality metrics or logistics metrics.

Gartner 98
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Do You Know Your Suppliers? Counting the Cost of Ignorance

QAD

In Bangladesh in July 2021, a fire at a food factory claimed the lives of at least 52 people, some of whom were children. as a tornado struck a town in Kentucky in December 2021, workers at. In April 2021, food giant Hershey Food announced its “ No Deforestation Policy ” to end deforestation across its supply chain by 2030.

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The 10 Procurement Metrics that Matter in 2021

Unleashed

Procurement activities include planning, sourcing, and negotiation, along with risk management, legal and value analysis. This is often managed with the help of supplier management software or inventory management software. Procurement in 2021 and beyond. Undamaged shipment rate.

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Introducing QAD Adaptive ERP 2021

QAD

QAD is pleased to announce the availability of QAD Adaptive ERP 2021, the latest version of QAD’s next generation ERP solution that includes the Adaptive User Experience (UX) and the QAD Enterprise Platform. QAD Adaptive ERP 2021 Highlights. Integrated Supplier Management. Connected Supply Chain.

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Two Measures: Stock Buybacks and Supply Chain Transformation- Are They Related?

Supply Chain Matters

That was compared to $882 billion number in 2021. According to a published report by S&P Global Market Intelligence , more than one in five listed S&P 500 Companies increased their earnings-per-share metric by a least 4 percent by the third quarter of last year. The same source, Birinyi Associates, indicated that U.S.