SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Future of Sourcing

MAY 11, 2023

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

SIG Speaks

DECEMBER 1, 2022

Sourcing Industry Landscape Podcast. Speaking with a Supernova, featuring Michael Koontz, VP Strategic Sourcing & Business Leader for ATD Sourcing Solutions. With a background in Marketing and Sales, relationships are at the core of his values.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Sales 40

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. By controlling costs, you can make adjustments to ensure your product is more cost-competitive in the market.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

IBM Services

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. The strategy should be flexible enough to adapt to changing market conditions and organizational needs.

Administrative 70

Administrative Sourcing Collaborations Strategic Sourcing 70

SIG Speaks

NOVEMBER 8, 2022

SIG University Certified Intelligent Automation Professional (CIAP) program graduate Nick Fratto discusses how building a center of excellence for your organization can serve as a backbone for process automation projects. Guide an automation project from its conception and support it as the new process becomes business as usual. .

Automation 40

Automation Strategic Sourcing Sales Design 40

Planergy Software

DECEMBER 25, 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. No more tedious data collection and processing – just pure, high-quality insights and strategic recommendations.

Finance 52

Finance Software Automation Analytics 52

SIG Speaks

MAY 18, 2023

First, I will dive deeply into Artificial Intelligence in sourcing and procurement while discussing significant factors. Robotic Process Automation, Big Data, and Cognitive Computing are interictal components of Artificial Intelligence. I envision applying all my knowledge learned from this course to my daily job functions to exceed.

Robotics Process Automation 40

Robotics Process Automation Administrative Sourcing Strategic Sourcing 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Business budgeting software automates many of the manual processes, allowing you to quickly develop comprehensive financial plans without sacrificing accuracy or detail.

Finance 92

Finance Software Accounting Management 92

Planergy Software

APRIL 7, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. With automated processing, you can control spend and improve the bottom line. Predictive procurement, also known as predictive sourcing, is more than the latest trend in procurement. Download Free Copy. Written by.

Analytics 52

Analytics Strategic Sourcing Robotics Process Automation Out-Tasking 52

SIG Speaks

JULY 1, 2022

Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. With a background in Marketing and Sales, relationships are at the core of his values.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Research 40

Obobo

JULY 1, 2022

Technologies available today could automate more than half of the source-to-pay process. Lower procurement costs, greater savings, and more opportunities to pursue new sources of value. Can Source To Pay (S2P) Help Accounts Payable (AP)? The post What Is Source-To-Pay (S2P)? The potential? McKinsey & Company.

Sourcing 52

Sourcing Accounting Software Automation 52

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. This occurs by automating processes, whitelisting suppliers, improving data analytics for pricing verification, etc.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Leverage technology solutions to automate procurement procedures , improve compliance, and reduce costs. However, it requires preparation and skill to achieve the best possible outcome.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

OCTOBER 26, 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. What's Planergy? Modern Spend Management and Accounts Payable software.

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

SIG Speaks

OCTOBER 1, 2021

Procurement leaders can come out of the pandemic stronger by leveraging next-gen tools such as analytics, artificial intelligence, and automation. With intelligent automation, sourcing and procurement teams can take back these functions while reducing their time spent on these processes. learn more. . . learn more. .

Co-Sourcing 40

Co-Sourcing Facilities Management Sourcing Analytics 40

Obobo

JANUARY 15, 2023

This can be accomplished through a variety of methods, such as negotiating better prices with suppliers, streamlining the procurement process, or using procurement software to automate repetitive tasks. In addition, automating the procurement process can help eliminate errors and save time, which can further reduce costs.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Everest Group

SEPTEMBER 21, 2021

On the buy-side, the practice advises buyers on optimizing their sourcing spend by providing fair market price comparables for outsourced services, by understanding the delivery cost structures, and by rationalizing their IT-BPO portfolio. Ability to understand market trends in outsourcing, shared services, and/or off-shoring industry.

Global Sourcing Advisory 40

Global Sourcing Advisory BPO Advisory Strategic Sourcing 40

Obobo

MARCH 30, 2023

Benchmarking: This method compares the purchase price with the market price to determine the difference. Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. Look for ways to automate manual processes and eliminate unnecessary steps.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. By focusing on long-term priorities and investments, strategic budgeting helps organizations make informed decisions about resource allocation and adapt to changing market conditions.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. How to gain visibility and control of your indirect spend. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Use PLANERGY to manage purchasing and accounts payable We’ve helped save billions of dollars for our clients through better spend management, process automation in purchasing and finance, and reducing financial risks.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Obobo

FEBRUARY 14, 2023

In order to avoid costs, procurement teams must be proactive and take actions such as negotiating better prices with suppliers, improving processes to reduce waste, and conducting market research to find cheaper alternatives. Automate where possible. This is one of the most effective ways to reduce costs. Streamline your processes.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52

Planergy Software

NOVEMBER 18, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For example, “Increase our market share by 5% by the end of Q3 2020” is a specific goal. On the other hand, “Improve our marketing efforts” is not a specific goal. Social Media Marketing Campaigns.

Sales 52

Sales Finance Strategic Sourcing Marketing 52

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. Ultimately, this weakened the British pound’s value and created market volatility.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Obobo

AUGUST 2, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. 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 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These expenses often vary across departments, such as marketing, human resources, and operations. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52

The Hackett Group

AUGUST 10, 2021

Digital Awards – In early July, The Hackett Group announced the winners of its 2021 Digital Awards , which spotlight companies that are on the cutting edge of using digital transformation solutions, including automation, advanced analytics, and AI to hyper-automate end-to-end business operations.

Research 52

Research Analytics Sales Finance 52

Obobo

AUGUST 16, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. 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 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Obobo

MARCH 21, 2023

Procurement savings refer to the cost reductions that are achieved by a company when it purchases goods and services through a strategic sourcing process. key Takeaway: Procurement savings are the cost reductions achieved by a company when purchasing goods and services through strategic sourcing. What is Procurement?

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

JANUARY 19, 2024

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. Strategic Analysis This analysis looks at a supplier’s strategic value to the business.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

MARCH 24, 2022

Consider risk factors, how diverse your requirements are, and how Dynamic your Market is. Implement a Supplier Management System Using technology and the power of Automation in your purchasing process can help improve efficiency while minimizing communication issues. What’s your goal today?

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Data mining can be used to identify customer trends, predict future behavior, and improve marketing strategies. Market Insights. Big data can also help businesses improve their marketing efforts. Written by.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Much of the brand’s failure in the Canadian market is due to poor inventory management. Localization is about more than making a few changes to your product to suit the local market. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 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

IBM Services

JANUARY 31, 2024

Companies generally outsource non-core tasks and functions that are similar across organizations, such as back-office operations (accounting, IT and human resources) and front-office operations (sales, marketing and customer support). This has fundamentally changed the outsourcing market.

Sourcing 99

Sourcing Strategic Sourcing Supply Chain Management Outsourcing 99