Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Inaccurate projections can lead to poor decision-making and resource allocation, ultimately undermining the effectiveness of the strategic budget. This involves other departments collaborating effectively with finance.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

AUGUST 2, 2022

Consider these best practices as you build the right supplier management system for your business. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

OCTOBER 18, 2023

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. Companies of all sizes can benefit from a travel management solution. What's Planergy?

Finance 52

Finance Reduced Costs Management Risk Management 52

Obobo

AUGUST 16, 2022

Consider these best practices as you build the right supplier management system for your business. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

MARCH 24, 2022

As you work to build the right supplier management system for your business, consider these best practices. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. You need to share information and priority as part of the agreement.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The amount you set as a limit for each category will depend on several factors, including the project’s size and scope, funding availability, and market conditions. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Finance Software 52