Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

On October 19th, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. They also lacked visibility into how changes in the ESG risk landscape could impact their organizations.

Management 72

Management Sourcing Risk Management Risk Management 72

Sarah Holliman

DECEMBER 19, 2018

Risk…it’s a four-letter word. What is most challenging though is that it can come in many forms, making risk mitigation difficult at best and financially devastating at worst. In fact, more than half of businesses experienced a third party data breach in 2017 according to a study conducted by the Poneman Institute and Opus.

Sourcing 100

Sourcing Advisory Risk Management Risk Management 100

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. Procurement is an integral part of the process of acquiring goods and services from external parties that help drive the goals of an organization.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

This October, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. Learn more the team at Bank of Montreal and their third-party management strategy with their Armored Car innovations.

Banking 81

Banking Management Sourcing Administrative 81

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. However, managing procurement can be costly, and costs can add up quickly.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Future of Sourcing

APRIL 7, 2023

In this series, Future of Sourcing is talking to practitioners, technologists and executives to get their insights and expertise on navigating current and future challenges impacting sourcing, procurement, risk and supply chain professionals. As a software company, our supply chain is fairly small.

Redistribution 59

Redistribution Regulations Risk Management Risk Management 59

SirionLabs

JULY 26, 2022

For a long time, procurement was focused on reducing the cost incurred in the supply chain cycle. The procurement strategies at the start of the globalization era are a testament to that. As a result, they struggled with sourcing when their suppliers failed to meet their commitments.

Regulations 52

Regulations Analytics Government Management 52

Obobo

AUGUST 2, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

SIG Speaks

DECEMBER 13, 2022

Recently, SIG had the pleasure of hosting ProcureAbility experts Conrad Snover and Darshan Deshmukh for the December CPO & Executive Virtual Series. Conrad, CEO at ProcureAbility, opened the day by explaining the team's research methodology. Then the team took that data and formulated their predictions for procurement in 2030.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Administrative 40

Future of Sourcing

MARCH 20, 2023

In an exclusive article Siddharth Poddar - Practice Head, Procurement Insights at Polestar Solutions shares his insights into the need for procurement analytics maturity model, key steps to assess and improve procurement analytics maturity and how to build a sustainable procurement analytics program.

Analytics 59

Analytics Sourcing Collaborations Out-Tasking 59

SirionLabs

JULY 26, 2022

For a long time, procurement was focused on reducing the cost incurred in the supply chain cycle. The procurement strategies at the start of the globalization era are a testament to that. As a result, they struggled with sourcing when their suppliers failed to meet their commitments.

Regulations 52

Regulations Analytics Government Management 52

SirionLabs

JULY 26, 2022

For a long time, procurement was focused on reducing the cost incurred in the supply chain cycle. The procurement strategies at the start of the globalization era are a testament to that. As a result, they struggled with sourcing when their suppliers failed to meet their commitments. In contracts.

Regulations 52

Regulations Analytics Government Management 52

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. For instance, if you take apart a car, you lose the ability to drive.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Future of Sourcing

JUNE 6, 2023

It’s a White-Water World Where Procurement Can Shine In Design Unbound Vol I, John Seely Brown coined the phrase “navigating the white water” to describe working through complexity with speed and agility. Traditionally, there is little communication between product development and the procurement team.

Collaborations 59

Collaborations Design Supply Chain Management Manufacturing 59

Obobo

AUGUST 16, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

SIG Speaks

MAY 2, 2022

As the first half of 2022 comes to a close, procurement faces the reality of inflation and what that means for their supply chains. SIG's CPO & Executive Virtual Series is an opportunity for the most senior procurement executives to gather with their peers in an interactive virtual environment to discuss their most pressing issues.

Sourcing 40

Sourcing Finance Shared Services Automation 40

Obobo

OCTOBER 18, 2022

Procurement Cost Savings: 19 Strategies That Work. Procurement is one of the most important functions in any business. However, with so many companies trying to do it all themselves, procurement can quickly become a drain on resources. How to track procurement savings? Table of Contents.

Government 52

Government Out-Tasking Reduced Costs Outsourcing 52

SirionLabs

SEPTEMBER 27, 2021

What is Vendor Management? At the heart of streamlined procurement lies a successful vendor management program. Without effective vendor management processes, organizations are more vulnerable to vendor risks and other issues such as value leakage, contract disputes, unfulfilled deliverables, and even third-party breaches.

Management 52

Management Co-Sourcing Collaborations Software 52

IBM Services

FEBRUARY 13, 2024

The quality of outputs depends heavily on training data, adjusting the model’s parameters and prompt engineering, so responsible data sourcing and bias mitigation are crucial. Invest in data hygiene and collection strategies to keep your engine running smoothly. Garbage in, garbage out.

Out-Tasking 122

Out-Tasking Design Automation Sales 122

SIG Speaks

SEPTEMBER 1, 2021

As we head into the fall of 2021, we prepare for procurement 3.0 SIG's CPO & Executive Virtual Series is an opportunity for the most senior procurement executives to gather with their peers in an interactive virtual environment to discuss their most pressing issues. September CPO & Executive Virtual Series. register now. .

Co-Sourcing 40

Co-Sourcing Risk Management Risk Management Sourcing 40

SIG Speaks

NOVEMBER 1, 2021

As we charge forward into 202 2, procurement’s value proposition to the organization continues to grow. We have a host of resources, insights and events to help you deliver on procurement's new future. . Building Your Roadmap for Total Talent Management. How to Build Resilient Supply Chains to Overcome Sourcing Disruptions.

Co-Sourcing 40

Co-Sourcing Sourcing Automation Business Process Outsourcing 40

SirionLabs

AUGUST 9, 2023

In the negotiation phase of contracting, two parties – usually a buyer and seller – work together to agree on contract terms. Legacy tools and human error Some businesses still use spreadsheets, emails, and paper copies to manage contract negotiations. Lack of centralization Historically, contracts have been poorly managed.

Analytics 52

Analytics Regulations Automation Software 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Management Best Practices. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. But when managed poorly, it can add an extra layer of stress. Download Free Copy. Written by.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

APRIL 5, 2023

What Is Procurement And Esg? Procurement and ESG are two buzzwords that have been gaining attention in recent years. Procurement refers to the process of acquiring goods, services or works from an external source. What is procurement? How can procurement help achieve ESG goals? What is procurement?

Supply Chain Management 40

Supply Chain Management Government Sourcing Reduced Costs 40

Infosys Consulting

SEPTEMBER 11, 2023

In near term, often tech debt causes instability, performance, security risks, operational fragility, decreased resilience, and poor customer experience. Recommendation 1: Identify, Assess, Manage, Monitor and Communicate Technology debt is not always negative, as taking on some tech debt can often lead to quicker market entry.

Management 52

Management Co-Sourcing Software Design 52

Obobo

JANUARY 23, 2023

Procurement- The Ultimate Guide to Procurement and Software Introduction to procurement Procurement is the process of acquiring goods or services. The goal of procurement is to obtain items or services that meet the needs of the organization while maximizing value for money.

Software 52

Software Right-Sizing Sourcing Out-Tasking 52

SIG Speaks

SEPTEMBER 2, 2022

As procurement leaders continue to navigate varying crises of 2022, we have a host of events and resources on deck to keep your team at the forefront of best practices ! Prepare yourself and your team for the future of sourcing at the SIG PGlobal Executive Summit October 17-19, 2022! . Global Executive Summit. register now. .

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Global Alliances Sourcing Research Operational Costs 40

SIG Speaks

OCTOBER 6, 2021

Kristen Jordeth is the Director of Procurement Product Strategy at SAP. At SIG's Fall Global Executive Summit, Kristen will highlight how the ability to survive future disruptions will be dependent on a companies ability to manage and respond to real-time risk information about third parties transacting with the business.

Sourcing 40

Sourcing Regulations Analytics Government 40

Hyland

OCTOBER 6, 2022

However, a third party owns the servers and is responsible for tasks such as security and disaster recovery. The cloud model lets you “rent” computing resources from third parties. With PaaS, the third party takes care of the infrastructure and operating systems, but you are on the hook for the applications and data.

Software 114

Software Healthcare Flexibility Regulations 114

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. As a procurement professional, you know how important it is to have a reliable and cost-effective supply chain.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

MARCH 19, 2023

Contract management is an essential process that contributes to the overall success of a business, but it’s often overlooked. A contract management lifecycle (CML) is the framework organizations use to monitor and manage contracts throughout their entire lifespan. Table Of Content.

Management 40

Management Reduced Costs Efficiency Regulations 40

SirionLabs

FEBRUARY 2, 2022

The negotiation phase of contracting focuses on how two parties – usually a buyer and a seller – work together to settle on the terms of an agreement that are favorable to both. . During contracting, both parties also negotiate the exact language of the terms as defined by contract clauses. Evaluate predefined risk positions.

Analytics 52

Analytics Automation Collaborations Software 52

Obobo

MARCH 19, 2023

Vendor contracts management is a critical component of any business, no matter its size or industry. In this article, we’ll provide an overview of vendor contract management and how it can benefit your business. By implementing vendor contract management, businesses can get more control over their supplier relationships.

Management 40

Management Reduced Costs Automation Accounting 40

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. Written by. Keith Murphy.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Everest Group

SEPTEMBER 21, 2021

Adding to the woes of biopharmaceutical manufacturers were challenges in carrying out clinical trials processes such as patient enrollment, site management and monitoring, and data management. Third-party support proves vital. Third-party support proves vital. and the EU.

Outsourcing 52

Outsourcing Manufacturing Out-Tasking Administrative 52

Planergy Software

JANUARY 14, 2022

How better management in AP can give you better flexibility for cash flow management. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. It’s about product development, site inspection, and management, too.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Planergy Software

MAY 10, 2022

How better management in AP can give you better flexibility for cash flow management. Digitization In Healthcare: From Patient Outcomes To Procurement. Digital Transformation Healthcare Procurement. Adapting to digital transformation requires shifting toward a flexible mindset that doesn’t mind taking a bit of risk.

Healthcare 52

Healthcare Pharmaceuticals Insurance E-Commerce 52