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Why you need a Project Manager for Effective Strategic Sourcing?

Sourcing Captain

As we have discussed in our previous blogs, strategic sourcing is the perfect and innovative way to reduce costs, achieve a faster time to market and improve the quality of the final product. Moreover, it has been shown that 88 percent of organizations consider strategic sourcing as critical or major.

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SIG|ORG Adds New Executives to Advisory Board

Future of Sourcing

New Sourcing Industry Group Advisory Board members will serve three-year terms and help guide the strategic direction of SIG. The organization is unique in that it blends practitioners, service providers and advisory firms in a non-commercial environment.

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How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO | Virtual Roundtable

Everest Group

Summary Mature banking, financial services, and insurance (BFSI) global business services (GBS) organizations are taking on advanced vendor management organization (VMO) roles, acquiring more responsibility in governing service provider delivery. This is an invitation-only Everest Group event, exclusively for members.

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Corporate Market Data Renewal

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing. Look at an upcoming contract data renewal for services utilized within the Bank of New York Mellon Investment Management organization.

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The Art of Establishing Trust

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Krollus Asaad shares how important it is to find trust in your procurement team and your business. On week eight (8) of my Certified Sourcing Professional (CSP) Program, I was introduced to the What’s In It For We mindset. That, my friends, is trust.

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The Better Method

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Nancy Wieskus shares the "Better Method" for procurement teams to implement into their procurement system. Centralized purchasing or Procurement is a system in which one department manages the purchasing of goods and services for the entire organization.

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The Benefits of Intelligent Process Automation

SIG Speaks

Submitting proper certifications, insurance forms, tax, and banking info will allow the customer to only do business with approved suppliers with adequate documentation. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments.