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Category: Procurement and Sourcing

Compliance Challenges in Global Procurement – Making Sense of the Alphabet Soup of Supply Chain Regulations

Navigating the complex landscape of global procurement involves various compliance challenges, ranging from differing regulations to regional nuances. Organizations must proactively identify and address risk factors like health & safety, sanctions, corruption, human & labour rights violations and environmental sustainability concerns. Implementing robust monitoring mechanisms and conducting regular audits are essential for mitigating potential compliance… Continue reading Compliance Challenges in Global Procurement – Making Sense of the Alphabet Soup of Supply Chain Regulations

Procurement Software for Discrete Manufacturers – How can it Improve Efficiency and Reduce Costs?

Learn how Procurement software improves margins, mitigates risk and accelerates time-to-market for Discrete Manufacturers.

Why do you Need a Direct Material Sourcing Solution?

Optimize your procurement process by exploring the fundamental pillars and strategies for an efficient direct sourcing solution.

How to become an agile CPO (Chief Procurement Officer)?

What steps does Chief Procurement Officer’s take to ensure success? Market developments in recent years, such as the pandemic’s lingering consequences, have undoubtedly sparked significant changes in procurement organizations. There is no doubt that procurement has become complicated, but as the saying goes, ‘With every difficulty there is an opportunity!’. With the increasing complexities and… Continue reading How to become an agile CPO (Chief Procurement Officer)?

The EU Corporate Sustainability Reporting Directive (EU – CSRD)

Leverage technology to ensure EU-CSRD compliance to conquer reporting and compliance challenges in sustainable procurement.

The Demise of Pareto Rule and its Impact on Sourcing

Pareto analysis is not always the right way to source as tail-spend analysis and strategic sourcing can yield substantial savings.

Managing Inflation with Strategic Sourcing

Unlock the untapped potential of strategic sourcing – How it helps procurement teams manage inflation and drive financial gains.

Strategic Sourcing for Procurement in Public Sector

Optimize public sector procurement with strategic sourcing to improve spend management for long-term savings and competitive success.

Procurement is a Game of Chess that depends on your Strategic moves. Play wisely!! [Infographic]

Master strategic procurement applying the right strategies to achieve long-term value and savings in sourcing.

Procurement in Automotive Industry – Time to Rethink Strategies

Drive success with Direct Material Sourcing for automotive procurement challenges, enhance Supplier Collaboration and Manage Risks.