SIG Speaks

JULY 1, 2022

Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. Sourcing Industry Landscape Podcast. register to attend. . . download the report. .

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Research 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. How to gain visibility and control of your indirect spend. What is Services Procurement?

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Here are some of the top strategies that can help: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Marketing category spend may include things like: Market research and benchmarking. A more experienced agency may deliver things faster, which affects how a marketing procurement professional may handle sourcing.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

SIG Speaks

MARCH 28, 2022

One of the significant advantages of the Sourcing Industry Group (SIG) is that members have unparalleled access to industry insights and expertise through our vast and diverse community of practitioners and thought leaders. Our second executive is Michael Koontz. In the right circumstances, our suppliers agree with this approach.

Strategic Sourcing 40

Strategic Sourcing Sourcing Outsourcing Collaborations 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Planergy Software

JANUARY 19, 2024

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. They can improve their financial position by reinvesting the savings into other areas of the business like research and development, marketing, or expanding their product line.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Obobo

SEPTEMBER 1, 2022

Take a strategic approach when negotiating with strategic suppliers. Setting objectives, defining roles in the negotiation process, researching, determining tactics, and planning meetings or phone calls are all part of this process. Who is negotiating what? Consider all of the above when negotiating a contract.

Strategic Sourcing 59

Strategic Sourcing Management Marketing Research 59

Planergy Software

DECEMBER 25, 2023

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Research shows that data-driven organizations outperform their competitors. What's Planergy?

Finance 52

Finance Software Automation Analytics 52

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. Download Free Copy. The Benefits of Localized Supply Chain.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This method encourages efficiency and reduces unnecessary spending by forcing organizations to evaluate each expenditure and its contribution to its goals carefully. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. P-cards are an efficient way of managing small and routine purchases without the need for paperwork and lengthy purchase approval processes. How to gain visibility and control of your indirect spend. How Do P-Cards Work?

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

SEPTEMBER 24, 2021

AP automation immediately lowers costs—still the number one priority for CFOs in 2021, according to Deloitte research—and sets up further cost reductions over time via continuous improvement via self-guided process optimization. and data-based business continuity planning into workflows at all levels. The result?

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Obobo

FEBRUARY 14, 2023

In order to avoid costs, procurement teams must be proactive and take actions such as negotiating better prices with suppliers, improving processes to reduce waste, and conducting market research to find cheaper alternatives. This can help them to improve their bottom line and become more efficient and effective in their operations.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Obobo

JUNE 17, 2022

In addition to providing crucial information for making informed and strategic decisions , RFPs provide a lot of vital information by definition. Preparation, research, and skilful execution are essential for achieving that goal. RFP Process Steps. Additional Resources To Consider. How To Calculate Procurement Savings.

Strategic Sourcing 52

Strategic Sourcing Government Software Sourcing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Time and Cost Efficiency Employees may better understand their travel requirements and preferences, which can result in quicker decision-making and efficient bookings.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. PSPs benefit buyers because they can lead to reduced costs, improved quality and service levels, and increased procurement efficiency. Research Potential Vendors. Download Free Copy.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 52

Planergy Software

APRIL 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. And as everyone races to become as efficient as possible, inventory was at the lowest possible level, if it even existed at all, thanks to just-in-time processes. How to gain visibility and control of your indirect spend.

Finance 64

Finance Strategic Sourcing Government Management 64

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can avoid misunderstandings and resolve conflicts quickly and efficiently by keeping detailed records. Be Efficient with Resource Management. How to gain visibility and control of your indirect spend. Written by.

Management 52

Management Out-Tasking Finance Software 52