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How to mitigate risk with a single source of truth

Today, procurement teams are operating in increasingly complex and uncertain times with high risks of supply disruptions. With current manual systems and processes often falling short of expectations, there is more room for inaccuracies, inconsistencies, risks, and data silos. It is essential for businesses to build a strong data foundation in order to mitigate supply chain risk.To ensure auditability and avoid knowledge silos throughout procurement teams, it is imperative to establish a ‘single source of truth’ to manage data.We have seen first-hand that procurement teams with a single source of truth have clearer visibility across the supply chain and are far more resilient to risk than reactive organizations. Join us to gain insights on how to create that clear visibility and narrow the gap for business risk.

In this webinar you will discover:

Why manual systems and processes often falling short
How to establish a ‘single source of truth’ to manage data
How to narrow the gap for business risk
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