Automation Efficiency Right-Sizing Strategic Sourcing 
Sourcing Advisors Group
OCTOBER 27, 2020
The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams. In fact, most firms generate no Strategic Sourcing bottom-line results, as Vendor Spending is increasing as fast, or faster, than Revenue growth.
Planergy Software
SEPTEMBER 20, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns. But fear not, weary traveler!
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Planergy Software
MAY 30, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. But by implementing T&E management best practices, you can make the process simpler and more efficient. Implementing an automated travel and expense management solution is the best way to overcome this challenge.
Planergy Software
MARCH 29, 2022
Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions. Translate information into insights The final step is to derive the required information to make better strategic decisions and generate more value from data.
Planergy Software
MARCH 25, 2022
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It also aims to improve efficiency, monitor and control workflows, and maintain regulatory compliance. All organizations, regardless of their size and type, should develop a spend management process.
Obobo
MARCH 23, 2023
Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.
Obobo
AUGUST 2, 2022
Consider these best practices as you build the right supplier management system for your business. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. A successful supplier management program goes beyond strategic sourcing. Table of Contents.
Expert insights. Personalized for you.
52 
Let's personalize your content