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Hackett: Procurement Renews Focus On Cost Reduction as its Top Priority

The Hackett Group

Other critical development areas include category management, sustainable procurement, third-party risk management and supplier relationship management. Data analytics was one of several improvement initiatives deemed to be of high importance but low maturity, making it a critical development area.

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Will Ukraine’s Invasion Have a Domino Effect on Other Geopolitical Equations? | Blog

Everest Group

The Russian military action in Ukraine has already significantly impacted thousands of services jobs in this region, but the potential reverberations to nearshore European countries and the larger global services industry could be far more damaging – making it essential to integrate geopolitical risk management in your decision-making now.

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The Business Benefits of Impact Sourcing: Beyond Social Good

NoonDalton

In today’s fast-evolving business landscape, the integration of Environmental, Social, and Governance (ESG) principles into corporate strategies is not just a trend but a fundamental shift in how businesses operate and thrive. They are strategic decisions that reinforce our commitment to sustainable and inclusive business practices.

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Six Levers for Digital World-Class Procurement Performance

The Hackett Group

This also includes investments in emerging technologies such as smart automation, advanced analytics, and collaboration tools that enable greater automation. For example, 68% of organizations currently have self-service portals or networks deployed, with an expected increase of 21% during 2021. Data and analytics.