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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. Lack of Transparency.

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Implementing Last-mile Delivery Technology

Logistics Viewpoints

To remain competitive, retailers and carriers must excel in the crucial last-mile delivery stage. Key Last-mile Delivery Technology Solutions How can technology directly impact last-mile operations and improve the customer experience? And what are the comparative costs of building versus buying?

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Supply Chain Performance Declined In the Last Decade. The Question is Why?

Supply Chain Shaman

Over 85% of companies turned their systems off, turning to spreadsheets and ad hoc manual analysis. The myopic focus on IT standardization resulted in the purchase of technology, but not value delivery. The last decade is a testimonial that functional excellence does not drive value. Belief in efficient procurement.

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Market Beat. Four Thumbs Down and One Thumb Up.

Supply Chain Shaman

Today, supply chain excellence matters more than ever. As an industry, we struggle to embrace new ways of thinking. Until there are clear answers, business leaders should avoid buying software from companies with deep investments by venture capitalists. Kinaxis Purchase of Rubikloud. Evolution is messy.

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Procure-to-Pay vs. Intake-to-Pay: What You Need to Know

Precoro

The procurement landscape is ever changing, and recently, in contrast to the traditional procure-to-pay platforms, we have seen the emergence of a new type of software solution, intake-to-pay, which is marketed as a more comprehensive solution. What is procure-to-pay? a driverless car). a driverless car).

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Are You Caught in Word Salad Dribble?

Supply Chain Shaman

His comments are the same–he feels that I identify problems but do not adequately define the solutions. I will share insights as we go along) The Word Salad Shuffle In the industry, I feel that there is a lot of word salad–consultants and technologists spinning words with little meaning to drive leads. He wants answers.

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Top Takeaways from Coupa Inspire

Logistics Viewpoints

This technology allows businesses to unify their procurement, expense management, invoicing, payments, contract management, and spend analysis processes and reporting. The visibility to spend allows them to provide excellent benchmarking in several areas. A SCCN solution needs to be built on a public cloud to be effective.