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When is it Time to Invest in Procurement Technology?

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At what point in an organization’s journey is it time to make the shift from reactive purchasing by non-practitioners to hiring and developing seasoned specialists who are able to look at spend holistically and create strategies that help an organization transform towards value management? When is it time to move from the tactical to the [...]

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Pharmaceutical Procurement

Procurement Leading Pharmaceutical Companies Through the Pandemic

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From early on in the Covid-19 pandemic, and for pretty obvious reasons, procurement in healthcare and pharmaceuticals has been in the spotlight like never before. Managing suppliers in a highly volatile economic, societal and environmental situation was especially challenging for the pharma industry. In recent years, the sector has become highly dependent on deliveries from the Asia Pacific region and in particular China, where capacities in the transport chain [...]

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How Sourcing has Reemerged in a Covid-19 World

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For the first three months after Covid-19 hit, virtually every sourcing project, in every sector, was put on hold while companies tried to assess the situation and how best to deal with the epidemic. Only a few, notably grocery stores, food chains, essential retailers, and healthcare, were in a position to push forward. Sourcing was in chaos and a topic that concerned many customers was that they were pushing back transportation [...]

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Navigating COVID-19: Mid-term Procurement Strategies for Managing the Crisis

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As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Some remain unpredictable, but many companies are trying to navigate the reopening process. Once they’ve taken immediate action, how can organizations ensure stability moving forward? What mid-term steps can they take to minimize their risk and maximize value? […]

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Coronavirus Supply Chain Response: Near-Term Actions to Take Today

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For more tips on how to quickly develop your Coronavirus response plan, download our checklist, COVID-19: Your Ten-Point Procurement Response Guide. Download it here now.  

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COVID-19 Procurement Response: Your Questions Answered

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JAGGAER’s Amenallah Reghimi and Michael Roesch recently partnered with Philip Ideson, founder and managing director at Art of Procurement, to bring procurement professionals a presentation on response tactics for the current global crisis. Our speakers received far more questions than they were able to answer at the time, so we’ve compiled some of the best and asked our presenters to provide a […]

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Supply chain risk in the age of COVID-19

Identifying and Mitigating Supply Chain Risk in the Age of COVID-19

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The raging COVID-19 epidemic has presented the world with a “once in a century” moment of reckoning. With an ever more connected global economy, and almost instantaneous news transmission, the impact of global health has multiplied since the last global (SARS) epidemic in 2003. Just as the human body needs its vital organs functioning well to stay alive and fight […]

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Factoring Risk & Business Continuity into Holistic Supplier Management

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Research reveals a rise in disruptive incidents deep in the supply chain. What is the optimal way to categorize your suppliers so that you can manage them better and maximize business continuity? The latest Supply Chain Resilience Report published by the Business Continuity Institute in partnership with the Chartered Institute of Procurement & Supply (CIPS) [...]

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Coronavirus Highlights Fragility of Global Supply Networks

Coronavirus Highlights Fragility of Global Supply Networks

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As public health epidemiologists warn that the coronavirus epidemic is far worse than earlier envisaged and that other countries should consider tough containment measures similar to those imposed in China, the likely human cost of the outbreak is enormous. The ease with which the virus can be spread, even by people who have never been [...]

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Managing the Many Faces of Global Supply Risk with Spend Analysis

Managing Global Supply Chain Risk with Spend Analytics

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As the world continues to become a truly global marketplace, “risk” is no longer simply defined by a company’s financial strength. While understanding key financial criteria about one’s vendors is still a very important element in understanding the risk of doing business with that vendor, there are a vast number of additional risk elements that [...]

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