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Strategic Sourcing Enables IT To Support Growth Initiatives

Sourcing Advisors Group

Digital Initiatives for Revenue Growth – one of the key 2020 CEO priorities – have a direct connection to increase in IT spending. Even as CIOs are seeing increasing demands on IT organizations, their budgets are down 5%+ YOY (as of May 2020), and down 8% from the expected increases as the beginning of 2020 according to Lozada.

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If IT Is from Mars, Procurement Is from Venus: 5 Steps to Break the Chasm between IT and Procurement for IT Sourcing

Everest Group

It may seem at times that the IT and procurement departments can be on different planets when it comes to IT sourcing services spend. Anyone who has set up a new procurement department at a firm with large volumes of untracked indirect spend knows they first need to target the IT department and get involved in their sourcing projects.

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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Strategic Procurement Can Give You a Competitive Advantage. Procurement Strategic Sourcing. The reality is that most businesses purchase 80% of their goods and services from only 20% of their suppliers.

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Life Sciences Supply Chain Visibility: A Strong Link in the Chain | Blog

Everest Group

The pharmaceutical industry experienced its largest theft in 2020 when $1.2 Use Cases : Addressing drug serialization and aggregation, strategic sourcing, fleet tracking, drug e-labelling, artwork management, and API tracking. Service provider landscape.

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How Procurement Has Bridged The Gap With Finance

SIG Speaks

Fast Forward To 2020. The paper then goes on to say that “the teams that should collaborate most directly are those focused on strategic sourcing and procure-to-pay.” These areas include prioritizing sourcing pipelines, structuring sourcing events, identifying suppliers, and negotiating contracts.

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Predictive Analytics in Procurement For Actionable Insights

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Predictive Analytics in Procurement For Actionable Insights Since the pandemic in 2020, supply chain disruptions have become more commonplace. How to gain visibility and control of your indirect spend. Download Free Copy.

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The Hackett Group Announces Second Quarter 2021 Results

The Hackett Group

z International for Order-to-Cash; Reckitt for IT Opportunity-to-Deployment; Vodafone Procurement Company for Source-to-Purchase; and Wipro Limited for Hire-to-Retire. companies in 2020. In addition, The Hackett Group will also be webcasting this conference call live through the StreetEvents.com service.