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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. This means category managers must work with suppliers much differently and evaluate them based on a wider array of factors. Globalization. Sustainability. Think of the brand Tom’s shoes.
Such broad priorities require new supplier strategies, new information and a delicate balancing act between competing objectives. Some suites have embedded MDM capabilities that can unify data across the enterprise and fix issues at the source. Furthermore, their rapidly shifting nature requires a new level of agility.
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