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Automating Procurement and Supplier Relations to Alleviate ESG Concerns

QAD

It is no secret that procurement executives are constantly seeking innovative ways to maximize efficiency and address unexpected supply disruptions. However, procurement is evolving into much more than the most cost effective option since the cheapest option often involves real world atrocities like child and forced labor.

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The Future of Procurement Is Upon Us. Are You Ready?

ivalua

Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform Global Sourcing”. For those of you who are executives in Supply Chain, Procurement or New Product Introduction/Development, this is a must read. We are not your father’s traditional Procure-to-Pay solution.

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Ethics in Procurement – Simple, but Not Always Easy

Logistics Bureau

If you have not yet tackled the question of ethics in procurement, now is a great time to start. It does not matter whether you are a procurement professional, internal customer, external customer, senior executive, or supplier. Procurement is what sets entire supply chains and their organisations in motion.

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What to Expect When You’re Expecting Supply Chain Disruptions

QAD

In the United States for example, many companies have been considering – and some already taken – strategies like near-shoring and reshoring. Ensures all relevant and needed documents are included. However, for every action there is an equal and opposite reaction. To find out more about QAD, please visit our website.

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Medical Device Manufacturing in 2021 – The 3 Key Challenges

Unleashed

21 CFR 820 – Overseen by the United States Food & Drug Administration, this Code of Federal Regulations sets out quality system regulations and good manufacturing practices for medical devices made or sold in the United States. This was reviewed in 2020 and has been adopted by many countries globally.

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Antitrust and the Supply Chain: Protecting the Power of the Markets

NC State SCRC

Generally speaking, the Antitrust Division can start investigating based on just about any source of information, including complaints from private citizens. Very often, this requires collecting and reviewing millions of documents from a company, by utilizing the power of the grand jury. So, what triggers an investigation?

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Blockchain has real potential to reduce ‘old school’ procure to pay transactions

NC State SCRC

There is increasing evidence that blockchain (or Distributed Ledger Technology ) is not a standalone solution, but will emerge more as an open source utility, much like the Internet. Only 5%% of payments are made by procurement cards – and 34% are made by ACH Credits! A commonly cited reason for this is that “checks work.