Remove Automation Remove Event Remove Risk Management Remove Strategic Sourcing
article thumbnail

4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

article thumbnail

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. Easier to Mitigate Supply Risk Supplier risk management is crucial for any organization.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Supply Chain Risks: Different Types and How To Mitigate Them

Planergy Software

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.

article thumbnail

Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy Software

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?

Finance 52