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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). Furthermore, e-procurement enables price negotiation and supplier evaluation.

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The importance of personalized learning journeys

Procurement Academy

It assumes that everyone is starting with the same knowledge base and wants to learn the same thing, but this is hardly ever the case. Personalized learning is entirely focused on individuals’ requirements meaning people are only taught material that meets their learning needs and objectives. This approach has clear flaws.

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Purchase Order Management: a Key to Efficient Business

Precoro

Purchase order process is an integral part of a procurement cycle as a whole. Purchase order management is important for meeting procurement goals while maintaining budget wisely. This will allow you to design a solution that meets the specific needs of the department in question. Let’s dive deeper. Acceptance of PO.

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5 Questions you should ask when choosing a training academy

Procurement Academy

In specialist industries, like supply chain or procurement, this task is even more crucial. Training programs should be based on expertise and experience. It’s crucial to evaluate a training academy’s knowledge base, including their previous work for similar businesses, before partnering with them.

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Best Practices for ERP Implementation: 8 Tips for a Successful Rollout

Precoro

An ERP system may help you optimize procurement processes in different ways, e.g., automate payments, improve sourcing and supplier relationship management, and will give you insights into inventory and business expenditures, which are beneficial for future purchase planning. Conducting risk assessments and preparing for contingencies.

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Claritum hosts KTP Management Committee meeting

Claritum

Claritum Article - Procurement Blog. Bath, UK (6th November, 2019) – Claritum hosts KTP Management Committee meeting. The committee that oversees the Knowledge Transfer Partnership (KTP) between Bristol University and Claritum met this week at the Claritum offices. Claritum’s focus on AI in Procurement.

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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. Types of Procurement Analytics.