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How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Strategic Procurement Can Give You a Competitive Advantage. Procurement StrategicSourcing. In 2020 when the coronavirus pandemic first hit, procurement departments were faced with a number of challenges.
How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Predictive Analytics in Procurement For Actionable Insights Since the pandemic in 2020, supply chain disruptions have become more commonplace. With automated processing, you can control spend and improve the bottom line.
Fast Forward To 2020. The paper then goes on to say that “the teams that should collaborate most directly are those focused on strategicsourcing and procure-to-pay.” For example, an automated spend analysis capability will create real value in several key areas.
Digital Awards – In early July, The Hackett Group announced the winners of its 2021 Digital Awards , which spotlight companies that are on the cutting edge of using digital transformation solutions, including automation, advanced analytics, and AI to hyper-automate end-to-end business operations. companies in 2020.
How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For example, “Increase our market share by 5% by the end of Q3 2020” is a specific goal. Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend.
Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Their March 2016 budget announced plans to convert all state-funded schools in England into academies by 2020.
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