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Digitized Procurement: Your Setting-off Point to Autonomy

Jaggaer

In five to ten years, procurement in many of the world’s leading companies will be “truly digital”. They will have succeeded in transforming their procurement organizations to leverage artificial intelligence-based technologies to achieve autonomous procurement. Autonomous Procurement: The Reality versus the Hype.

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Parts Are Not Parts

Supply Chain Shaman

A slight change within a function–in sourcing or manufacturing, or along the chain–can greatly impact the outcomes of cost, customer service, or working capital. Let’s take a closer look at sourcing. PFEP optimizes the policies that define how to procure each part. Days of Inventory by Industry Across Years.

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Taking the Hill

Supply Chain Shaman

Consumer Packaged Goods (CPG) and chemical companies are close behind, but they are having difficulty “taking the hill.” Industries that have formed cross-functional leadership teams combining source, make and deliver together have made the fastest progress. Which industry sector can we learn from?”

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Procurement Leading Pharmaceutical Companies Through the Pandemic

Jaggaer

From early on in the Covid-19 pandemic , and for pretty obvious reasons , procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Some 48 active pharmaceutical ingredients (APIs) vital to the pharma supply chain are sourced from the central province of Hubei.

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My Response to SAP. Bigger, But Not The Answer We Need

Supply Chain Shaman

SAP Ariba started as an indirect procurement network and lagged the market in developing multi-tier process definition.) No network crosses over the source, make, deliver processes. In addition, Nulogy does an excellent job of managing outsourced manufacturing for consumer products, but not bi-directional sourcing or logistics flows.

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Defining spend leakage: why the traditional definition isn’t enough

Xeeva

We recently held a webinar with Spend Matters about ways procurement organizations can put a stop to spend leakage. Usually, this denotes a percentage of the total spend, and that’s predominantly experienced in indirect categories, where stakeholders opt to offer business to alternative sources. You’re not alone. STEVE: Exactly.

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Deploy a Strategic Category Management Solution to Maximize ROI

Jaggaer

Category management has a decades-long history that has lead us to our modern understanding of procurement categories. According to CIPS , category management is a strategic approach that organizes procurement resources to focus on specific areas of spend. Defining Category Management. Start building better category strategies.