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SC Procurement Team Boosts Strategy & Savings with Cooperative

American City & Country

The procurement team from Dorchester County, South Carolina is a successful example of what you can also achieve with a cooperative strategy. Keep reading to learn how this procurement team in a busy, vibrant county is leveraging cooperative purchasing to bring success to their community.

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Addressing Challenges In Public Procurement: Overcoming Barriers to Efficiency And Compliance

Tracker Intelligence

These barriers should be dealt with if the aim is to guarantee that public funds are expended in a transparent, lawful, and efficient manner. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.

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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 per transaction.

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Leveraging Data Analytics in Procurement: Unlocking Efficiency and Strategic Value

Tracker Intelligence

Procurement analytics is quickly becoming a core practice for efficient operations and effective sourcing in today’s rapidly changing business environment. Data-driven decision-making enables procurement teams to improve performance and align with wider organisational goals including corporate social responsibility and risk management.

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Streamlining Public Procurement: 6 Strategies for Efficiency and Compliance

ivalua

As public procurement teams face increasing pressure to improve efficiency while upholding compliance and transparency, it’s essential that they have the right strategies in place. After all, how can you streamline procurement processes without sacrificing your standards? Scalability.

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Friends not Foes, Supplier Relationships Made to Last

ivalua

Supply chains are complex and varied; to manage them effectively, you need to understand exactly what’s happening in both your supply chain and your customers’ end markets. Reviewing pandemic responses and strategies, some CPOs and Procurement teams managed a bit better than their peers as uncertainty and change mounted.

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Inflation + Source-to-Pay Strategies: The Cure for the Common Price Hike

ivalua

One way of doing this is by leveraging Source-to-Pay (S2P) solutions, which can provide procurement with the tools needed to manage their supplier relationships and identify opportunities for cost savings. Ivalua’s Contract Management module allows you to easily track milestones and consumption in real time across multiple agreements.

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