Obobo
AUGUST 25, 2022
What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?
Obobo
AUGUST 24, 2022
What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?
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SIG Speaks
OCTOBER 26, 2023
SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook. Supplier Performance Management (SPM): The course (a reference to lesson 2.4)
IBM Services
DECEMBER 13, 2023
It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.
SIG Speaks
DECEMBER 13, 2022
ProcureAbility predicts that by 2030, strategic sourcing will take no longer than two weeks, thanks to cognitive computing. RFx strategy, tactical procurement, intake and RFx administration will either be reduced or automated completely. . Now on to Cognitive Computing. On to Hyper Cybersecurity.
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.
SIG Speaks
SEPTEMBER 27, 2022
We do it through commodity management, supplier and business collaboration, mitigating corporate risk, and managing change in the goods and services we collect. The key is collaboration and honest communication. As procurement leaders, we are here to manage the procurement process in the best interests of our company. learn more. .
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