Eliminating Excel in Purchasing Network Optimization Procurement Analytics 
Precoro
OCTOBER 6, 2022
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. From whom are we buying?
Supply Chain Shaman
FEBRUARY 1, 2024
I see a preponderance of reports and white papers that have lots of pages but say little. Optimization engines to improve functional metric performance resulted in an exploding number of planners. days to receive a purchase order confirmation. The average purchased order changes 3.5 Reduce Data Latency in Networks.
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Supply Chain Shaman
NOVEMBER 21, 2024
The industry has had little value from digital transformation and business networks. Most of the business networks were hollowed out by venture capitalists or purchased by opportunists. The business network market is in need of innovation.) Or that a focus on cost reduction can actually undermine value creation?)
Procurement Academy
OCTOBER 19, 2023
A crucial part of successful procurement strategies is the art and science of negotiation. Procurement negotiation refers to a buyer (usually from a company) and a seller (usually from a supplier) working together and discussing the likes of pricing, terms, conditions, and other aspects of a procurement contract.
Precoro
JULY 29, 2024
Procurement operations are no exception. In fact, 43% of GPOs that took part in the 2023 Global Chief Procurement Officer Survey cited overall procurement risk had increased significantly as compared to 20% in the 2021 study. Keep reading to learn: What is an online procurement system?
Supply Chain Shaman
DECEMBER 7, 2023
I would then consider taking five actions: Build on the Power of Existing Networks. Build a network of networks. Under the Defense Production Act, force all public network companies to interoperate. Improve visibility across the networks that operate in self-serving business models. Force interoperability.
Supply Chain Shaman
MAY 26, 2023
The basic frame of supply chain planning–functional taxonomies for optimization on a relational database–must be redesigned before supply chain leaders can reap the benefit of deep learning, neural networks, and evolving forms of Artificial Intelligence (AI). Graph architectures also use different optimization technologies.
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