article thumbnail

What are the Benefits of a Strategic Sourcing Software?

Obobo

What are the Benefits of a Strategic Sourcing Software? Strategic sourcing is a process that involves evaluating and negotiating with suppliers to ensure the best price, quality, and delivery of goods. What is Strategic Sourcing Software? There are many benefits of using strategic sourcing software.

article thumbnail

Artificial Intelligence: The Positives and Dangers of AI

SIG Speaks

AI or machine learning is excellent for running mundane tasks like searching for specific contract clauses. I recall Ray Bradbury’s Fahrenheit 451, where books were banned, and you only knew what the government and the AI told you was the truth. I like having fun at and out of work, especially getting into the outdoors.

professionals

Sign Up for our Newsletter

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

article thumbnail

Services Procurement: What Is It and How To Manage It

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Book a Live Demo 2.

article thumbnail

Expense Reimbursement: What Is It, How To Manage, and What Should You Cover

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Why Why were the purchases made?

article thumbnail

Marketing Procurement: Challenges and Best Practices

Planergy Software

Book a Live Demo. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sometimes, procurement managers may reach out to an agency looking to review their social media channels. Best Practices for Your Marketing Procurement Process and Strategic Sourcing.

article thumbnail

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. So there can still be a risk of out of date data.

article thumbnail

Days Sales Outstanding: What Is It and How To Calculate It

Planergy Software

Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Book a Live Demo 2. How Can You Lower Your DSO?

Sales 52