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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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CFOs Can More Than Double Planned Cost Reductions Using Strategic Sourcing

Sourcing Advisors Group

Gartner survey shows that CFOs have already made material – if temporary – cost reductions, and most plan to implement more cost cutting in the second part of 2020 and in 2021. Firms can more than double targeted cost reductions by applying best-practice Strategic Sourcing.

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CPOs: Procurement can do better

Sourcing Advisors Group

Ardent Partners Procurement Metrics that Matter in 2020 findings, sponsored by Ivalua , were presented in a recent webinar with 3 most interesting observations: Cash Flow Management and Cost Reduction will be THE priority for CPOs and Sr. Upskill Procurement’s Strategic Sourcing Expertise. Improve Data Analytical Skills.

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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. In 2020 when the coronavirus pandemic first hit, procurement departments were faced with a number of challenges.

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Stakeholder and Change Management

SIG Speaks

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations.

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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. Let’s look at the factors that are driving enterprises to invest in supply chain visibility.

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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

Procurement influence across indirect spend in Pinnacle Enterprises (best-in-class organizations that lead the services sourcing journey) and other enterprises. Source: Services Sourcing Organizational Maturity | Pinnacle Model ® Analysis (Everest Group 2020). increase in growth compared to 2020. Colliding orbits