Remove 2022 Remove Collaborations Remove Outsourcing Remove Strategic Sourcing
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Thoughts on Crowd Sourcing

SIG Speaks

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. I graduated with honors from the University of Kentucky’s Gatton School of Business in 2022 and received a degree in management and finance.

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Is the Request for Proposal in Procurement Dead?

Everest Group

The sourcing approach always relies heavily on the skill and experience of the specialists delivering the activity. Best-in-class organizations take far less time for the same activities in IT strategic sourcing initiatives, completing the process in nine to 10 weeks, according to our IT Sourcing Pinnacle Model Assessment.

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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

Often, IT category managers end up closely collaborating with their functional leads, and certain organizations centralize procurement departments in IT. Growth in IT spend from 2016-2022, including hardware, software, and services spend (2021 and 2022 spend values are estimates). Source: Statista (2021).