Remove 2017 Remove Reduced Costs Remove Sourcing Remove Strategic Sourcing
article thumbnail

Turning Data Into Actionable Insights

Planergy Software

In 2017, The Economist published a story titled, “The world’s most valuable resource is no longer oil, but data.” This step can make or break an organization’s ability to understand its data better and leverage it to maximize profitability, reduce cost, and create value for shareholders.

article thumbnail

Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Amazon’s acquisition of Whole Foods in 2017 exemplifies a horizontal integration strategy, as it allowed the e-commerce giant to enter the grocery market and enhance its physical retail presence.

article thumbnail

Multi-Academy Trust (MAT): What Is It and How Can Schools Benefit?

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The 2017 and 2019 Conservative Party manifestos reiterated their commitment to academies, pledging to encourage more organizations to sponsor academies or establish new free schools, a type of academy.