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Niul Burton wrote a great article in Industry Week titled “Procurement 2025: 10 Challenges that Will Transform GlobalSourcing”. Globalization. Burton predicts that China and Brazil will become hubs for globalsourcing. Today this rarely exists.
Below, we outline the 5 steps toward modernizing supplier management, addressing both transparency and effective engagement. Chassis Brakes Int’l (now part of Hitachi), presents a great example, having unified supplier data across all 25 global ERP environments through it’s globalSource-to-Pay (S2P) platform.
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