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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

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. When your process is efficient, your organization has economies of scale. Download Free Copy. Written by.

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The Future of Procurement and Sourcing: The Effects of Artificial Intelligence in the Industry

SIG Speaks

The rapid advancements in AI have notably impacted various business functions, including procurement and sourcing. Businesses and organizations continue to strive to enhance efficiency, reduce costs, and gain a competitive edge, and AI technologies have begun to revolutionize the procurement landscape.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency.

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Days Inventory Outstanding: What Is It and How to Calculate It

Planergy Software

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Better Overall Inventory Management Knowing your DIO can help you manage your inventory flow more efficiently.

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Budgeting Process: Steps and Best Practices for Planning a Budget

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we will discuss the typical steps involved in the budgeting process, the challenges of forecasting, best practices for effective business budgeting. How to gain visibility and control of your indirect spend.

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Marketing Procurement: Challenges and Best Practices

Planergy Software

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.

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Days Sales Outstanding: What Is It and How To Calculate It

Planergy Software

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. However, a low number does not always equate with efficiency. What's Planergy?

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