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Balancing Efficiency and Effectiveness in Procurement

The Procurement School

Author: Larry Berglund As part of the assessment on the ability of a supply chain department to deliver value effectively , is its ability to do so efficiently. To have an objective assessment on efficiency, there should be a set of KPIs or measurement tools to compare. Efficiency metrics examples 1.The

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A Balancing Act: Drive Sustainability while Managing Cost and Risk

ivalua

Ivalua Spend Management Insights [ivory-search] A Balancing Act: Drive Sustainability while Managing Cost and Risk April 27, 2023 | | Supply Chain by Vishal Patel Cost, Risk, and Sustainability. The question is, how do you balance all three while maintaining continuous operations and generating revenue at the same time?

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Governments need to plan for the entire product lifecycle when they purchase technology today

American City & Country

Local governments face issues that range from balancing public safety and individual privacy rights to managing vast amounts of data securely and efficiently. The firm offers solutions for cities , other governments and corrections.

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Weathering Future Disruptions: 8 Steps to Building Supply Chain Resilience

ivalua

Procurement teams are now expected to manage a lot of moving parts — from supplier relations to spend, risk, compliance, contractual obligations, contingency plans and more — and a lack of visibility inhibits their ability to do any of that effectively. Balance supply chain risk and resilience with ROI.

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Lost in Public Space: Exploring the Unknown with the Norwegian Public Sector Segment

ivalua

Striking the balance between structure, compliance, and success can be a difficult task – and Ivalua is here to provide the perfect balance between those two objectives! Get ready for revolutionary Public Sector spend and procurement management. Where to Start?

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Navigating the responsible use of AI in government procurement

AWS Public Sector

Government procurement professionals are tasked with balancing the need for innovation while adhering to strict regulations. This post provides guidance on how procurement can play a pivotal role in enabling the responsible use of AI within the public sector.

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Using Digitization to Unlock Supply Chain Value for Manufacturers

ivalua

The role that procurement plays in manufacturing organizations is a difficult one. This function must simultaneously balance cost reduction, quality, and assurance of supply in their quest to maximize profits. . Procurement needs digitization at its core to enable automation, efficiency, and innovation within the supply chain.