Ivemsa

SEPTEMBER 28, 2022

The common urge is to select the cheapest price for material procurement, though this could eventually cost more due to a lack of quality. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes. To learn more about how we can help your company, contact us today.

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Obobo

MARCH 7, 2023

In this blog post, we’ll explore the benefits of using purchase management software in procurement and how it can revolutionize your organization’s workflow. Benefits of using purchase management software include increased efficiency, improved accuracy, and reduced costs.

Software 40

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Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

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Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll discuss the basics of a corporate travel program, why it’s important, and how to implement one successfully. How to gain visibility and control of your indirect spend.

Finance 52

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Obobo

JUNE 15, 2022

How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? RFx brings together RFIs , RFPs and RFQs , and is, therefore, an acronym that is used more frequently in strategic sourcing and procurement. .

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