IBM Services

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. During this phase, cross-collaborative efforts should focus on ideation and iteration. Why is a strong product development strategy important?

Engineering 80

Engineering Manufacturing Collaborations Research 80

SIG Speaks

OCTOBER 19, 2023

By presenting clearly and concisely, procurement professionals can foster transparency and accountability, enabling executives to make informed decisions based on a thorough understanding of the procurement function's contributions. One of the primary objectives of procurement is to achieve cost savings while maintaining quality and efficiency.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

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. As these suppliers lose their autonomy, they may also experience a decrease in efficiency and productivity. Download Free Copy.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strategic The strategic level is the top level of supply chain management. The strategic level addresses the big picture and general decisions. It’s not just efficient and effective decision-making that matters.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

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. Ensuring that all ingredients are sourced from reputable suppliers is vital for maintaining a product’s health and safety standards.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

APRIL 19, 2022

For example, in this business case, Justin is the Chief Procurement Officer or CPO for a small company that manufactures desks and tables. In his position, Justin and his team are responsible for procuring the materials needed to manufacture the furniture including wood, glue, and decorative items.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52