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How to Optimize Your Procurement Sourcing Systems

EC Sourcing Group

How to Optimize Your Procurement Sourcing Systems. Finding the right tools and measures to optimize your procurement sourcing systems is a must. While optimization does rely heavily on procurement sourcing software , there are other ways to optimize the procurement management process.

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The Impact of Employee Skill Proficiency on Business, Innovation, and Supply Chain Performance

Procurement Academy

After all, these training programs provide a range of benefits, spanning from specific role-focused activities like inventory control, supply, and demand planning, or project management, to giving employees the tools they need to drive their creativity and productivity, thus significantly contributing to business success.

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IT Procurement: How to Purchase IT Products and Services Effectively

Precoro

This process, known as IT procurement, requires comprehensive steps with clear objectives and vendor selection criteria to ensure that technology investments align with business goals and yield a return on investment (ROI). This article encompasses the best practices for planning and executing successful IT procurement strategies.

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The people side of digital transformation: navigating change management

Procurement Academy

Indeed, our research found that 52% of supply chain and procurement leaders believe personalized eLearning programs are necessary if managers want to upskill their teams and make the most of innovative technologies. Effective communication in this stage involves three vital steps: 1.

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How to Remove Unconscious Bias from Your Vendor Selection Process

EC Sourcing Group

However, many of these same organizations fail to consider the impact that unconscious bias can have on their procurement process. Unconscious bias refers to the attitudes or stereotypes that affect our decisions and actions without us even realizing it. Various types of unconscious bias can occur within procurement.

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Supply chain shockwaves from the Taiwan earthquake

Resilinc

No tsunami warning was issued, but trains did temporarily stop following the quake. If you want to learn more about how Resilinc can help your supply chain become ‘anti-fragile’ schedule a demo here. No damage has been reported at other ports across Taiwan, except for Hualien Port. On April 4, a 6.0

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Top 10 Supply Chain Management Courses to Boost Your Career

SCMDOJO

It covers the basics of procurement, including procurement strategies, contract management, and supplier selection. You’ll also learn about supply chain management and the various stages of the procurement process. Pros: It forms part of the CIPS Level 2 Certificate in Procurement and Supply Operations qualification.