SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Organizations are constantly exploring new procurement methods to create a more strategic procurement strategy and ensure competitive procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Planergy Software

OCTOBER 13, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How To Set Up An Amazon Business Account. What Is an Amazon Business Account. Benefits of an Amazon Business Account. Disadvantages of an Amazon Business Account. How To Set Up an Amazon Business Account.

Accounting 52

Accounting Banking Finance Strategic Sourcing 52

Everest Group

JULY 18, 2023

Join this webinar as our expert analysts discuss the crucial design factors in evolving procurement and category management organizations, covering aspects such as accountability structures, emerging roles and skillsets, governance, policies, and outsourcing adoption. What questions will the webinar answer for the participants?

Management 59

Management Strategic Sourcing Outsourcing Government 59

SIG Speaks

DECEMBER 21, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Burke outlines the necessary points for creating a strong, healthy, and productive relationship while ensuring your company has a clear path of intention and expectation. Incorporate guidelines on how long that personnel will remain on the account.

Management 40

Management Strategic Sourcing Government Sourcing 40

SourcX

OCTOBER 12, 2020

Many businesses acknowledge the advantages of sourcing in low cost countries. Increasing numbers of executives see the writing on the wall, and can no longer ignore the fact that sourcing in low cost countries can reduce labor costs and give them access to robust manufacturing facilities. What is Strategic Sourcing?

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

Planergy Software

MAY 5, 2022

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. No longer can strategic sourcing be just in time and just in case. Download Free Copy. Written by.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Everest Group

OCTOBER 14, 2021

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.

Sourcing 52

Sourcing Cybersecurity Right-Sizing Risk Management 52

SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Sourcing Advisors Group

OCTOBER 27, 2020

Tier 1 suppliers) and most have virtually no visibility into the remaining base, which typically account for 90%+ of all suppliers and at least 50% of the total vendor spending. The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams.

Risk Management 52

Risk Management Risk Management Efficiency Strategic Sourcing 52

SIG Speaks

DECEMBER 20, 2022

By automating data capture (from invoices, for example), processes can be built to route the invoices to the appropriate person(s) and automatically code the invoice for correct accounting. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

SIG Speaks

AUGUST 17, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Constance Bryant shares an honest account of how the change from a grassroots process to a more sophisticated tool for a Source-to-Contract process went for her and her organization. We must have practical E-sourcing tools that allow us to be efficient.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 40

Everest Group

OCTOBER 31, 2022

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

Pharmaceuticals 52

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 52

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. It should be a strategic roadmap that, when effectively designed and implemented, aligns with the mission of the organization and greatly contributes to its success.

Administrative 70

Administrative Sourcing Collaborations Strategic Sourcing 70

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Use PLANERGY to manage purchasing and accounts payable. How to report and analyze indirect spend to identify savings opportunities.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

SIG Speaks

APRIL 29, 2022

Rather than just a generalized or conceptual discussion on ESG, these individuals delivered personal and detailed accounts regarding the successful transformation of their supply chains to align with social imperatives and financial objectives. Director Strategic Sourcing (Yahoo Inc) for being on our panel.

Strategic Sourcing 40

Strategic Sourcing Manufacturing Sourcing Government 40

SIG Speaks

MARCH 8, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Moran shares the different types of KPIs that are vital to an organization and the importance of performance management. It creates accountability to ensure. Lagging KPIs are excellent when keeping accountability for your Vendor or outsourced work.

Management 40

Management BPO Global Outsourcing Outsourcing 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. How to gain visibility and control of your indirect spend. What is Services Procurement?

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

JUNE 14, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Nancy Wieskus shares the "Better Method" for procurement teams to implement into their procurement system. Stakeholders play a vital role and are crucial to sourcing initiatives by offering: Consent which allows for changes. Most important their expertise.

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

Planergy Software

OCTOBER 17, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It also contains detailed information about your credit accounts, payment history, and any public records such as bankruptcies or tax liens. What's Planergy?

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Why Accounting Integration Matters Whatever spend management or procurement platform you use it should also integrate with your accounting software or ERP. How to gain visibility and control of your indirect spend.

Management 52

Management Strategic Sourcing Accounting Right-Sizing 52

NoonDalton

NOVEMBER 8, 2023

This economic system goes beyond sustainability; it aims to renew and revitalize its own sources of energy and materials. Companies and economies are increasingly held accountable by consumers and stakeholders who demand transparency and responsibility. Simultaneously, the concept of a Regenerative Economy is gaining traction.

Outsourcing 52

Outsourcing Accounting Regulations Strategic Sourcing 52

Planergy Software

MARCH 29, 2022

It’s almost impossible for business leaders to make decisions based on myriad data sources until the big data is converted into relevant information and then actionable insights. Here’s another point worth noting — organizations often overlook the accounts payable department while trying to make better use of data.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

SIG Speaks

DECEMBER 15, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Sergio Mielnik shares an in-depth understanding of how supplier relationships should be managed and how improving supplier relations at different levels will create successful sourcing engagements. 02% discount for my company. learn more. . learn more. .

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 40

SIG Speaks

MAY 10, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Shawnie Albritton shares how category management can help with cross-team engagement and its usefulness in procurement. Within procurement, you could have a legal team, sourcing team, transactional team, and support team.

Sourcing 40

Sourcing Risk Management Risk Management Strategic Sourcing 40

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Your procurement cards can be tied to a bank account or a credit card. This can result in less on-contract spend and reduce realized cost savings from strategic sourcing initiatives.

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

DECEMBER 22, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. That’s why many CFOs and accounting managers use Days Sales Outstanding to determine how quickly their customers pay their invoices. What's Planergy?

Sales 52

Sales Accounting Inventory Management Finance 52

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. No matter what your budget looks like, set aside some funds to account for unexpected expenses or overages. How to gain visibility and control of your indirect spend. 12 months) as new data becomes available.

Finance 92

Finance Software Accounting Management 92

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. Download Free Copy.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

Planergy Software

FEBRUARY 8, 2022

Strategic Sourcing Supplier Performance Supplier Relationship Management. Segmenting your suppliers can also help you identify your level of risk for instance if you have a single source of supply for your product or service. Use PLANERGY to manage purchasing and accounts payable. Download Free Copy. Written by.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

SIG Speaks

APRIL 14, 2022

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.” The author then adds that "a successful source-to-settle workflow must look at the entire ecosystem that connects sourcing and procurement to accounts payable and treasury.".

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

SIG Speaks

DECEMBER 13, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Mahesh Khamkar discusses the concepts of business model mapping and cost modeling and how to apply them to your business. It's a pleasure to know that it's called Cost Modelling in the sourcing dictionary. learn more. .

Co-Sourcing 40

Co-Sourcing Sourcing Strategic Sourcing Engineering 40

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The process of tail spend analysis involves analyzing data from various sources, including supplier invoices, purchase orders, contracts, and other financial documents. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 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. They include products or services sourced from multiple suppliers or distributors and are standardized according to the company’s requirements.

Management 52

Management Inventory Management Regulations E-Commerce 52

SIG Speaks

MARCH 28, 2022

One of the significant advantages of the Sourcing Industry Group (SIG) is that members have unparalleled access to industry insights and expertise through our vast and diverse community of practitioners and thought leaders. Our second executive is Michael Koontz.

Strategic Sourcing 40

Strategic Sourcing Sourcing Outsourcing Collaborations 40

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Regardless of how many reimbursement requests you expect to process within a calendar year, keeping records is crucial for accounting and taxes. How to gain visibility and control of your indirect spend.

Management 52

Management Accounting Finance Out-Tasking 52