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Negotiating With A Chatbot: A Walmart Procurement Case Study

Talking Logistics

Read more The post Negotiating With A Chatbot: A Walmart Procurement Case Study appeared first on Talking Logistics with Adrian Gonzalez. More than two-thirds of the respondents (68%) said they weren’t using AI and.

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Essential Strategies for Alignment of Sustainable Procurement

SIPMM Professional Publications

Today, companies are increasingly recognizing the importance of sustainable procurement. According to a global study, 2017 Sustainable Procurement Barometer, conducted by EcoVadis and HEC, 97% of the surveyed supply chain professionals from a total of 120 companies regard sustainable procurement as highly important.

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Overcoming Key Challenges of Sustainable Procurement Practices

SIPMM Professional Publications

Companies are increasingly placing more emphasis on sustainability procurement. A global study conducted by EcoVadis revealed that 97% of 120 supply chain professionals are placing a higher level of importance on sustainable procurement than before. Sustainable procurement is […].

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A Quick Guide to Roles in Procurement

Logistics Bureau

For small companies, it is usually enough to have one person dealing with procurement but in large enterprises teams of people are needed, all with specific roles to play. The Finance Manager , on the other hand, controls the financial input and output of the procurement division. How Large Procurement Teams Operate.

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How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal

This case study — How a Global CPG Leader Optimized $500M of Direct Materials Spend and Exceeded Savings Goal by Partnering with GEP — details how GEP’s strategic insights helped the company increase its resilience and optimize direct materials spend to drive year-over-year savings. The result was a year-over-year savings of more than 3%.

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Why Are Procurement Organizations Lagging in Adopting Automation?

Supply Chain Brain

A new study by SAP and Oxford Economics on managing procurement spend finds that the discipline is well behind the curve in shedding manual processes and embracing automation.

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How manufacturers can use ERP to improve the procurement process

SYSPRO Smarter ERP

Disruptions like the pandemic, supply shortages, global trade barriers, high customer expectations and inflation all add tremendous pressure on the procurement process. Despite this, only 33% of businesses invested in procurement and sourcing technologies. Using ERP to improve purchasing transparency.

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How One Manufacturer Used GEP SOFTWARE To Save $45M in Direct Material Sourcing

Multiple legacy systems prevent procurement from standardizing processes and tracking what they’re spending with each supplier.