Author name: Chinwendu Udechukwu

Why Cloud-Based Digital Procurement is the Key to Success

To maintain market share in today’s constantly evolving business landscape, agility and adaptability are paramount. Procurement, the lifeblood of any organization, is no exception. Traditional, on-premise procurement systems often hinder this agility, weighed down by legacy infrastructure, limited scalability, and outdated functionalities. This is where cloud-based procurement solutions emerge as a game-changer. This blog post …

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7 Hacks to Slash Procurement Costs with eProcurement Software in 2024

Procurement costs can significantly impact a company’s bottom line.  Every dollar saved on procurement translates directly to increased profit margins. However, traditional procurement processes can be time-consuming, error-prone, and lack transparency, leading to unnecessary expenses. This is where eProcurement software comes in.  eProcurement, also known as electronic procurement,  streamlines the entire procurement process, from requisition …

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Leveraging e-Procurement During Festive Periods To Gain Strategic Advantage

Festive seasons are a double-edged sword for businesses. They represent a golden opportunity for increased sales and profit margins, but also present unique challenges for procurement teams. Surging demand, potential supply chain disruptions, and price fluctuations can throw a wrench into the best-laid plans. However, with the right approach, e-procurement software can be your secret …

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Building Supplier Relationships Through Effective Supplier Network Management

A robust and collaborative supplier network is the backbone of any successful business.  Strong supplier relationships ensure a steady flow of materials, promote innovation, and ultimately contribute to a company’s bottom line. However, managing a complex network of suppliers can be challenging. In this article, we explore the importance of effective supplier network management and …

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Best e-Procurement Software 2024: Top Features

Today‚Äôs business landscape is constantly evolving, efficient procurement practices are no longer a luxury, but a necessity. The rise of e-procurement software has revolutionized the way businesses source, purchase, and manage their supplies, leading to significant cost savings, improved efficiency, and increased transparency. But with a plethora of options available, choosing the right platform can …

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AfCFTA Market Place – IATF 2023: Yaraa’s Mandate to Enable Intra-Africa Trade

Yaraa’s Mandate – AfCFTA Market Place – IATF 2023:  One of the most significant developments in the continent’s economic history was the recently concluded IATF 2023, AfCFTA market place in Cairo, Egypt. It brought together representatives from all over Africa and beyond. The event aimed to promote regional integration, foster economic growth, and enhance intra-African …

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Key Metrics In Supply Chain Management

  Introduction   In today’s highly competitive business landscape, companies are constantly seeking ways to enhance their supply chain performance. To effectively measure and optimise their supply chain operations, businesses rely on a set of essential key metrics. These metrics act as guideposts, providing valuable insights into critical areas of supply chain management. In this …

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