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The study found that 88% find it challenging to hire the right digital skills to work with technologies such as AI, cloud-based platforms or data analytics, while 76% say they are concerned that existing procurementteams will struggle to work with new technologies.
This means collaborating with immediate suppliers – as well as their suppliers’ suppliers – to drive long-term positive change. To download the Ivalua 2021 Responsible Labour Report, “Combatting unethical labour: How organisations can collaborate with suppliers to uphold working standards”, please visit.
The study found that 88% find it challenging to hire the right digital skills to work with technologies such as AI, cloud-based platforms or data analytics, while 76% say they are concerned that existing procurementteams will struggle to work with new technologies. About the study.
Procurement’s Role in Sustainability White pointed out that Procurementteams have a big role to play in helping businesses address inflation and determine countermeasures, while meeting sustainability requirements and goals. Our intent was to have a place where stakeholders could collaborate efficiently,” Roach said. “As
These solutions also improve collaboration among organizations and suppliers, and enable procurementteams to leverage data analytics to optimize contract negotiations, payments, buying patterns and more. Download our whitepaper, The Digital Transformation Opportunity for MENA Supply Chains , for a deep-dive on this topic.
In order that sourcing and procurementteams fully optimize their supplier network, there needs to be a change in the way organizations view all suppliers. Drive collaboration and leverage suppliers to drive innovation. Set expectations for performance measures and establish collaboration mechanisms.
Yet today’s Procurement organizations are plagued with inefficient processes, poor supplier stakeholder collaboration and data silos. This is largely due to a lack of collaboration within the enterprise, as well as with partners and suppliers, which has a negative impact both on revenue and customer satisfaction.”.
Also included: supplier improvement plans, innovation plans and overall supplier collaboration. The contracts govern the relationship between the buyer and supplier, an essential process to inform Procure-to-Pay. Contract Management: The piece that connects the upstream and the downstream, where value starts being captured.
As always, the Fall Training Conference will serve as a unique opportunity to engage with Federal procurement leaders and connect with industry colleagues. Click here to download the Sponsorship Prospectus. The training covers ten innovative procurement techniques. The nomination deadline is October 4, 2024.
“Your data team is not just your data scientists,” said Andy MacIsaac at Alteryx, a unified data analytics platform provider that is designed to make analytics accessible to everyone. It’s the entry-level analysts, the caseworkers, the logistics person, the procurementteam. ” Download the full guide. Favorite.
Your support and dedication have been instrumental in our efforts to advance common sense in government procurement. As we move into the New Year, we look forward to collaborating with you to achieve new milestones together. can download the icon and use it on their website. Happy Holidays and best wishes for the New Year!
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