IBM Services

DECEMBER 13, 2023

Examples of goals that are common to many procurement strategies include eliminating maverick spending, increasing delivery efficiency, minimizing errors and complying with applicable regulations. Building strong supplier relationships to encourage favorable contracts and service is also a common goal.

Administrative 73

Administrative Sourcing Collaborations Strategic Sourcing 73

SIG Speaks

DECEMBER 6, 2022

The AP team would make sure that the suppliers are set up correctly and that all Government regulations are followed. . The Procurement Team has developed that trusted advisor’s confidence with the stakeholders to ensure compliance and accountability. I will encourage my team to take the CMSP course after completing the CSP course.

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Compliance and Accountability A corporate travel program enforces adherence to company policies and regulatory requirements. What's Planergy?

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies should aim to form relationships with suppliers that uphold ethical standards and regulations to avoid becoming complicit in any wrongdoing by association. Use PLANERGY to manage purchasing and accounts payable.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The evaluation should include feedback from multiple departments or sources to ensure that all relevant data is considered. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What to Do About It Establish an emergency fund to account for changes in exchange rates and cost overruns. Doing so reduces the risk of compliance violations and protects you against the enforcement of new regulations.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Or, they made you may be trying to stay ahead of increasingly strict regulations. Excelling in DSG reduces transition risk by helping organizations stay ahead of changes in regulation and stakeholder sentiment.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Obobo

FEBRUARY 14, 2023

This can be accomplished through a variety of means, including strategic sourcing, contract management , spend analysis, and supplier relationship management. Moreover, cost avoidance can help organizations better manage risk and improve compliance with internal policies and external regulations. How to achieve cost avoidance?

Automation 52

Automation Strategic Sourcing Sourcing Analytics 52

Planergy Software

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Compliance and Legal Requirements All businesses must provide prospective buyers with compliant information applicable to industry regulations and laws.

Management 52

Management Inventory Management Regulations E-Commerce 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits. Here are some key metrics to consider: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

MARCH 29, 2022

Here’s another point worth noting — organizations often overlook the accounts payable department while trying to make better use of data. Translate information into insights The final step is to derive the required information to make better strategic decisions and generate more value from data.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you work with a small business or enterprise-level partner, strategic sourcing is key because you want to keep stakeholders happy. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

SEPTEMBER 28, 2023

This analysis attempts to explore how procurement and sourcing functions of publicly traded technology companies with market capitalizations between $15 billion to $35 billion (“Tech Company”) can evaluate, implement, and monitor emerging Environmental Social and Governance (“ESG”) regulations within their supply chain.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Advisory 40

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Your long-term goal must account for any potential and actual changes in regulations and laws so that your operations can adapt to them accordingly. Use PLANERGY to manage purchasing and accounts payable.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. To avoid regulatory hurdles, companies must carefully assess the competitive landscape, consider the impact of their actions on market dynamics, and ensure compliance with all relevant laws and regulations.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Single-source procurement can save time and money while ensuring accountability and quality of service. Spend analytics can be used to better inform procurement decisions and enable better strategic sourcing.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Planergy Software

DECEMBER 11, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The Department for Education regulates the trust and operates 46 schools, making it a significant educational provider in North England. What's Planergy?

Government 52

Government Collaborations Finance Accounting 52