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AI in procurement: Applications, Challenges, and Mitigation Strategies

Precoro

Traditionally, procurement has been a process weighed down by manual tasks, fragmented systems, and endless paperwork. Today, procurement is undergoing a transformation. While procurement teams have long worked to add strategic value, Artificial Intelligence (AI) amplifies their impact.

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Distributor Management – Top 5 Do’s and Don’ts for FMCG Principals

Enchange Supply Chain Consultancy

As part of the workshop, we are developing a list of Do’s and Don’ts related to Distributor Management.

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Digital Procurement Training for Technological Transformation

Procurement Academy

Just as technology has the potential to transform other major industries, its also having a major impact on procurement. One thing that is often overlooked in procurement, however, is the need to develop staff that are capable of using these technologies. Digital contract management Procurement contracts can be complex.

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Business Performance: The 3 Key Boosters of Procurement

Jaggaer

In many industries, procurement is responsible for managing significant budgets which means it holds a key lever for business performance. From Order Fulfillment to Strategic Value Creation Partner This realization is relatively new and comes with a fundamental shift in how the role of procurement is understood.

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The Leadership Retention Crisis in Fleet Operations, and Why It Matters to the Supply Chain

Supply Chain Brain

Leadership workshops, financial literacy programs, and compliance courses can provide the skills new managers need to succeed. A formal mentorship program can help new managers navigate budgeting, compliance, and employee management with confidence. Invest in formal management training. Encourage engagement with industry associations.

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Overcoming Supplier Relationship Management Adoption Challenges

QAD

As a former buyer specialist turned Presales consultant for QAD, Ive seen firsthand how Supplier Relationship Management (SRM) solutions can transform procurement processes. This apprehension can hinder progress and prevent organizations from fully realizing the advantages that effective SRM solutions can bring to their procurement processes.

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IMO’s Convention on Ship Recycling Enters into Force

Supply Chain Brain

It also requires detailed inventories of hazardous materials; To support developing countries, IMO has organized various workshops on ship recycling to raise awareness of the Convention internationally.