Automation, Efficiency, Strategic Sourcing and Supply Chain Management

4 smart technologies modernizing sourcing strategy

IBM Services

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing

Sourcing Supply Chain Management Strategic Sourcing Automation

How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

MAY 5, 2022

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.

Strategic Sourcing

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management

Supply Chain Risks: Different Types and How To Mitigate Them

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This could include devoting more resources to maintaining operations, using cloud-based tools, automation, and more. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Management

Supply Chain Management Risk Management Risk Management Government

Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. How to gain visibility and control of your indirect spend.

Supply Chain Management

Supply Chain Management Reduced Costs Robotics Process Automation Analytics

RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Written by.

Supply Chain Management

Supply Chain Management Strategic Sourcing Sourcing Finance

The Benefits of Localized Supply Chain

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The Benefits of Localized Supply Chain. Sourcing Supply Chain Management. Resilient supply chains implement capacity and inventory buffers. Download Free Copy.

Supply Chain Management

Supply Chain Management Manufacturing Sourcing Retail

11 Cost Reduction Strategies in Procurement

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

Reduced Costs Inventory Management Automation Sourcing

Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy Software

JANUARY 19, 2024

Modern Spend Management and Accounts Payable 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. What's Planergy? What is Vendor Analysis?

Risk Management

Risk Management Risk Management Supply Chain Management Sourcing

Best Practices for Supplier Management

Obobo

AUGUST 2, 2022

Establish a Supplier Management System. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. A successful supplier management program goes beyond strategic sourcing.

Management

Management Right-Sizing Supply Chain Management Strategic Sourcing

Best Practices for Supplier Management

Obobo

AUGUST 16, 2022

Establish a Supplier Management System. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. A successful supplier management program goes beyond strategic sourcing.

Management

Management Right-Sizing Supply Chain Management Strategic Sourcing

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can manage suppliers by breaking them down into different tiers more efficiently. Use PLANERGY to manage purchasing and accounts payable. How to gain visibility and control of your indirect spend.

Supply Chain Management

Supply Chain Management Regulations Manufacturing Finance

Supplier Management Best Practices

Planergy Software

MARCH 24, 2022

Implement a Supplier Management System Using technology and the power of Automation in your purchasing process can help improve efficiency while minimizing communication issues. It also involves risk management, supplier relationship management (SRM), and contract management. Download PDF.

Management

Management Insurance Supply Chain Management Right-Sizing

ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Strong and sturdy credentials drive down costs by as much as 10% since these companies are focusing on operational efficiency and waste reduction.

Supply Chain Management

Supply Chain Management Sourcing Manufacturing Finance

Supply Chain Decisions: Skills and Best Practices

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supply Chain Decisions: Skills and Best Practices. Process & Procedures Sourcing Supply Chain Management. The strategic level addresses the big picture and general decisions.

Supply Chain Management

Supply Chain Management Manufacturing Sourcing Management

What are the different types of sourcing?

IBM Services

JANUARY 31, 2024

With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

Sourcing

Sourcing Strategic Sourcing Supply Chain Management Outsourcing

Services Procurement: What Is It and How To Manage It

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Doing Business Once you’ve started working with a vendor, having a clear statement of work and adequate contract management is key. How to gain visibility and control of your indirect spend.

Management

Management Service Strategic Sourcing Supply Chain Management

Supplier Consolidation: What It Is, Benefits, and Risks

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. It can work for basic things like office supplies you don’t often need. Increase efficiency? Written by.

Strategic Sourcing

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management

Global Sourcing Brief

4 smart technologies modernizing sourcing strategy

How Strategic Procurement Can Give You a Competitive Advantage

Trending Sources

Supply Chain Risks: Different Types and How To Mitigate Them

Pareto Analysis in Procurement: How To Use Spend Analysis To Cut Costs

RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

The Benefits of Localized Supply Chain

11 Cost Reduction Strategies in Procurement

Vendor Analysis: What Is It, Process, Types, and Best Practices

Best Practices for Supplier Management

Best Practices for Supplier Management

Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Supplier Management Best Practices

ESG In Supply Chain: Creating a Sustainable Value Chain

Supply Chain Decisions: Skills and Best Practices

What are the different types of sourcing?

Services Procurement: What Is It and How To Manage It

Supplier Consolidation: What It Is, Benefits, and Risks

Stay Connected