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Online Procurement System: Guide to Choosing the Right Tool

Precoro

In today’s digitalized world, more and more companies are moving away from paper and spreadsheet-based processes in favor of more accurate, simple, and efficient automation. Procurement operations are no exception. However, with numerous e-procurement software vendors available, choosing the right tool can be overwhelming.

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Optimizing Supply Chain Transparency with Digital Product Passports

Logistics Viewpoints

For businesses, DPPs are becoming essential to comply with best practice guidance as well as coming statutory regulations that demand transparency in supply chains. Blockchain can also build trust in the supply chain, as all channel stakeholders can verify the same data.

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What is Purchase Order Management? Process & 7 Best Practices

Unleashed

Efficient purchasing is conducive to healthy cash flow. The more effective your purchasing processes, the more profitable your business becomes. In this guide we explore the process of purchase order management, its role in a wider supply chain management strategy , and the best practices for optimised purchasing workflows.

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Elevating Supply Chain Visibility through Effective Marketing

SCMDOJO

Discover Ways to Boost Supply Chain Visibility through Digital Marketing Supply chain visibility is essential for providing a superior customer experience and sustaining customer loyalty over time. Customers face significant frustrations that erode brand trust and sales without supply chain visibility.

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Lifting The Gray Curtain

Supply Chain Shaman

Recently, I hosted the Supply Chain Insights Global Summit. Net/net, the current architectures are hard-wired into back-office Information Technology deployments with layers of security and integration, and batch processing. At the end of the presentation, I asked Allyson her perspective on open source analytics.

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Consumers Are in Charge of the Digital Path to Purchase

Enterra Insights

Although retailers still talk about the digital path to purchase as an alternative to the traditional shopping journey, the lines between paths to purchase have blurred. With all generations getting more comfortable on the digital path to purchase, most retailers have adapted to this new reality and are pursuing omnichannel strategies.

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Procurement vs. Purchasing: Similar but Different

Precoro

Purchasing? Or procurement? Although quite similar, procurement and purchasing are two distinctive processes , and understanding the difference between them can help facilitate your organization’s success. Scroll down to find: Procurement and purchasing: side-by-side comparison table ; Procurement and purchasing defined.