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Procurement vs. Supply Chain Management: Differences, Challenges & Solutions

ivalua

Procurement and supply chain management are often used interchangeably—but in practice, the lines between them can blur in ways that create real friction. Misaligned priorities, siloed systems, and unclear ownership can directly impact key performance indicators like cost savings percentage and procurement cycle time.

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Procurement Technology: Enterprise Solutions Driving Efficiency and ROI

ivalua

Enterprise procurement leaders are under more pressure than ever—juggling cost control, compliance, supplier risk, and internal complexity, all while trying to modernize outdated systems. AI, automation, and generative tools are redefining efficiency, allowing procurement teams to move from reactive to proactive decision-making.

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Unmasking the Supply Chain: How Blockchain Brings Transparency and Trust

Logistics Viewpoints

Companies find it difficult to fully trust the data from suppliers, complicating efforts to ensure product authenticity, safety, and ethical sourcing. FDAs Drug Supply Chain Security Act (DSCSA) and global standards like ISO 20400 for sustainable procurement are driving companies to adopt blockchain for improved compliance and accountability.

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Editor’s Choice: AI in Supply Chains: Which Data is ‘Just Right’ for Your Business?

Logistics Viewpoints

Collaborate across departments: Engage stakeholders from different departments within the organization – not just supply chain management including logistics and procurement but sales, marketing, and finance. ERP, CRM, SCM), external sources (e.g., ERP, CRM, SCM), external sources (e.g., sensors, RFID tags).

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Friends not Foes, Supplier Relationships Made to Last

ivalua

A company’s supply chain is a key source of competitive advantage and Supply Chain Management (SCM) is designed to allow a company to monitor its suppliers and utilize the available resources to improve performance. But most sourcing and procurement teams need to pivot and modify the way they handle SCM decisions.

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Vanilla Sourcing in Madagascar

SCM Research

The case is also included in an article I have written about the interface between SCM and CSR. Practice Africa Corporate Social Responsibility Procurement Relationship Supply Chain Management Supply Chain Sustainability Video'

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Report From DPW: What’s Next for AI in Supply Chain?

Supply Chain Brain

Koganti urged the procurement audience to look for whats referred to as “foresight function” in planning tools, which is capable of enhancing data analysis, scenario generation and trend identification , allowing for more informed and proactive decision-making, albeit with human oversight.