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Contract Compliance and Strategic Sourcing

EC Sourcing Group

Contract Compliance and Strategic Sourcing. Contract sourcing and strategic sourcing are two different strategies that ensure you are able to get the best deals from your suppliers while still adhering to company policy. The two must work together to keep the source-to-contract process flow working effectively. .

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??Meeting the Demand in Sourcing and Procurement

EC Sourcing Group

??Meeting the Demand in Sourcing and Procurement. In recent years, considerable efforts have been made to simplify and streamline sourcing, procurement, and overall supply chains to meet demand more effectively. Sourcing and Procurement Optimization : Speed and Transparency. Policy compliance. Contract management.

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Dispelling Untruths: 10 Generative AI Myths

Logility

Safely Mine Your Supply Chain Data with GenAI Watch the Demo Myth 3: Generative AI is best as a black box At first glance, the prospect of generative AI supporting a 100% automated workflow might seem like a desired goal for your supply chain processes. For example, suppose an order for a key customer is going to be late.

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What Makes the Best Sourcing Software?

EC Sourcing Group

Sourcing is an integral part of procurement management and an upstream part of the supply chain, affecting its overall success. Sourcing is the acquiring of goods and services needed to run a business or make a product. . But, what makes the best sourcing software for your strategic sourcing solutions ? . Risk management.

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A More Reliable Path to Net Zero: Ivalua’s Latest Innovation Helps Reduce the Environmental Impact of Supply Chains

ivalua

Through Ivalua’s EIC, emissions data can be imported from recognized third-party emissions data sources or directly from suppliers; the data is then combined with other information such as environmental risk scores, policies, published targets, or certifications. To learn more about this new offering register for an upcoming live demo.

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Ethics in Sourcing and Procurement Management

EC Sourcing Group

Ethics in Sourcing and Procurement Management. Read on to learn more about procurement management and ethics, how to spot unethical behavior, and how your eSourcing software can help you pave the way to an ethical and risk-free sourcing and procurement process. Illegal sourcing. Principles of Ethics in Procurement Management.

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Why Procure-to-Pay Software is Critical Today

ivalua

digitization Procurement processes from sourcing to accounts payable is a key strategy. Procure-to-Pay software also helps capture negotiated savings, by simplifying and enforcing compliance to contracts and policies. Digitizing the P2P Cycle is good for productivity. This is a significant benefit of an effective Procure-to-Pay cycle.