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Procurement Analysis: a Game Changer for Purchasing Strategically

Precoro

With the global market expansion and deepening supply chain complexity, the roles of procurement leaders have evolved from tactical to strategic. Nowadays, procurement departments not only focus on the day-to-day buying operations but also search for the most efficient ways to go about them. How often do purchases happen?

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The introduction of E-Procurement.

ModusLink Corporation

The introduction of E-Procurement: Price and availability are not the only factors to be considered in a purchasing decision, especially now that a strong supply chain has become an unmissable element for every company in today’s business climate (Namulo, 2017).

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Time to Look into the Future of Procurement!

Supply Chain Game Changer

Check out What Exactly Is Procurement? And What is Purchasing? There has been transformation in the Procurement function over the past decade. From the starting point of the traditional buy-sell, transaction-based purchasing, the practice has moved through stages of change that redefines most aspect of the business.

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High-Performance Companies Benefit From Upskilling Employees: You Can Too

Procurement Academy

Increasing Operational Efficiency and Productivity Upskilling initiatives help to address specific skills gaps within teams, meaning companies can optimize workflows and improve performance across departments. You need to have the knowledge and understanding of how your actions impact other areas.

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11 Tips to Take Your Supply Chain Career to the Next Level

SCMDOJO

Check your progress regularly to see what’s working well and where you can improve. This approach promotes continuous improvement, helping you stay on track and succeed in your career. Improve your interpersonal, communication, and leadership skills to excel. Then, take action by working on these tasks consistently.

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Imagining the Supply Chain of the Future!

Supply Chain Game Changer

But is that enough of a far-reaching vision to offer much more than an incremental view of what we see today based on existing technology? Any view of the near future is more likely to describe incremental changes and incremental advancements based on the current knowledge base. Enabling Technologies.

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9 Predictions from o9 for 2022

o9 Solutions

It won’t come from a direct attack on supply chain systems and tools, but rather it will start from being linked to an unsecured data source. With that much data to search, it takes time to find the source of the breach. In 2022, a supply chain will suffer a cyber attack so significant that a business will go bankrupt.