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. – Use predictive analytics to forecast future demand and price trends.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Perficient Digital Transformation

NOVEMBER 8, 2021

Companies should prioritize collaborative planning. Supply chain performance and analytics. Strategic sourcing and spend control. Companies should know where products are in the supply chain, whether it’s raw materials, suppliers, manufacturing, distribution, or retailers. Technology and data enablement.

Supply Chain Management 69

Supply Chain Management E-Commerce Manufacturing Strategic Sourcing 69

SIG Speaks

MAY 10, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Patrick Fifer shares how important it is to manage your direct stakeholder relationships in the sourcing world. Throughout the Certified Sourcing Professional program, stakeholder management was a critical aspect interwoven throughout the lessons.

Management 40

Management Third Party Contracting Strategic Sourcing Human Resources 40

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These tasks require dealing with multiple data sources, assumptions, scenarios, and stakeholders, all while facing tight deadlines, changing expectations, and market volatility.

Finance 52

Finance Software Automation Analytics 52

SIG Speaks

JULY 1, 2022

In other words, in the world of procurement and strategic sourcing, the importance of resilient supply chains has been a point of discussion for some time. Of course, even redesigning our supply chains to create redundancies, such as establishing alternative sources, may be little more than a stop-gap solution. learn more. .

Supply Chain Management 40

Supply Chain Management Strategic Sourcing Engineering Sourcing 40

Everest Group

SEPTEMBER 21, 2021

Everest Group is a research firm focused exclusively on IT, business process, and engineering services – this specialization results in a depth of expertise that our clients find invaluable when making critical, strategic decisions related to their use and delivery of sourcing services. Global sourcing advisory firms.

Global Sourcing Advisory 40

Global Sourcing Advisory BPO Advisory Strategic Sourcing 40

SIG Speaks

DECEMBER 6, 2022

The Procurement Team must collaborate with the Legal Team and the Accounts Payable Team more than ever to make sure everything is set up correctly both in the supplier setup module and in the contract module to ensure that government requirements are correct on the supplier setup.

Government 40

Government Retail Banking Strategic Sourcing 40

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. The ability to collaborate and communicate regularly with suppliers can lead to better relationships, efficiencies, and increased innovation. How Can Companies Measure Cost Savings?

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

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

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These expenses can help build relationships, foster collaboration, and expand your business network. Create standard reports, schedule them, and use spend analytics software to gain better insights.

Finance 52

Finance Insurance Software Management 52

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They need to understand emerging technologies such as artificial intelligence, data analytics, and robotic process automation. The result?

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Everest Group

SEPTEMBER 21, 2021

The role is market-facing and focuses on helping clients maximize the value from their technology and sourcing decisions. The candidate will work with: Leading buy-side enterprises on various aspects of sourcing, supplier selection, and technology investments. Collaborative work style; strong interpersonal and team skills.

Global Sourcing Advisory 40

Global Sourcing Advisory Research Advisory Strategic Sourcing 40