The digital revolution is slowly taking over the power sector. Data collection and exchange are growing exponentially, creating digital threats but also valuable opportunities in the industry. The power sector comprises of energy suppliers and distributors in...
Category Overview Driven by strong growth in countries such as India, China, Australia, and Japan, the energy sector in APAC is expected to proliferate in the coming years. Additionally, the continued support of governments in this region for clean energy projects is...
Business Challenge: Lack of sufficient information for a firm go/no-go decision A leading player in the power sector was keen on executing an acquisition and wanted to gain clarity on the potential operational benefits they could achieve trough the potential...
Over recent years, there have been various industry developments that served as or caused trends in procurement. These procurement trends include technology changes, novel strategic approaches, new processes, and necessary adaptations to change. As supply chains become increasingly complex, procurement has become highly crucial and influential in the production process and continues to grow.
Technology, procurement, sourcing, and innovation have transformed industry significantly, and companies are struggling to keep pace with the new expectations, standards, and stipulations within the market. As the pharmaceutical industry continues to rapidly grow, companies must leverage sustainable, data-driven, and robust procurement strategies to overcome risks, optimize supplier performance, reduce costs, and increase efficiency. SpendEdge helps businesses develop and leverage unparalleled procurement strategies to gain and maintain a competitive edge, high profitability, increasing efficiency, and reduced costs.
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