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What’s the difference between purchasing and procurement?

Unleashed

Procurement and purchasing are often used interchangeably to describe the role of procurement. What is procurement? Procurement is the process of purchasing a service or a good, usually on a large scale and for commercial purposes. What are the steps in the procurement process?

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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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E2open Acquires Zyme: A Bridge Too Far?

Supply Chain Shaman

The company is a CRM solution. The Zyme solution improves revenue management, warranty and rebate processes. It is a larger acquisition than the prior purchases of Terra Technology , Steelwedge , or SCM-Icon. The focus was on automating procurement. The historic buyer of the E2open solution is procurement.

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The Public Procurement Journey: Tools for Modern Challenges

ivalua

There will be unique challenges public procurement teams will need to address to ensure the bill delivers on its full promise. Chief among these challenges is the need to modernize procurement processes and tools. . Why is modernizing these processes and tools so important? . They needed a solution quickly.

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RS Group Achieves Back-to-Back Ecovadis Platinum Medal for Sustainability Excellence

Synovos

The assessment focuses on 21 sustainability criteria that are grouped into four themes: environment, labor and human rights, ethics, and sustainable procurement. RS Integrated Supply was introduced by RS Group in 2022 after combining Synovos and IESA, two procurement and supply chain management companies. million customers.

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E2open Acquires Steelwedge. Impact on Market?

Supply Chain Shaman

Founded in 2000, Steelwedge was an innovator in Sales and Operations Planning (S&OP) and was an early provider of cloud solutions for supply chain. I asked him over and over, “Is the market ready for a solution for JUST Sales and Operations Planning?” The supply chain management software market had soured.

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Strategic trends

Supply Chain Movement

The choices they make will determine whether they survive the coming decade of innovations, uncertainties and changes, or will be obliterated or acquired by competitors. Similarly, Japanese electronics group Toshiba is splitting itself into three to achieve the necessary flexibility increases.

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