Obobo

MARCH 30, 2023

If you’re responsible for a procurement team , reducing costs is probably one of the main goals you care about. In fact, cutting costs is the primary KPI for most purchasing organizations. But what’s the best way to measure and report those cost savings ? What are the Benefits of Procurement Cost Savings?

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Obobo

JANUARY 15, 2023

What is procurement cost savings? It’s a question that has been asked by many businesses looking to make the most efficient use of their resources and maximize their profits. Procurement cost savings is the process of reducing costs associated with acquiring goods or services, without sacrificing quality.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

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. Written by.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Obobo

AUGUST 2, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. Having an accurate and up-to-date supplier database is crucial to reducing costs, selecting new vendors, and promoting strong supplier relationships. Maintain a Supplier Database.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Obobo

AUGUST 16, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. Having an accurate and up-to-date supplier database is crucial to reducing costs, selecting new vendors, and promoting strong supplier relationships. Maintain a Supplier Database.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 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. Supplier tiering also helps reduce costs by eliminating inefficient or unnecessary processes in the supply chain.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

MARCH 24, 2022

Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. Implement a Supplier Management System Using technology and the power of Automation in your purchasing process can help improve efficiency while minimizing communication issues. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Increased Efficiency: Optimizing Processes and Communication Vertical integration enables companies to streamline processes and improve communication between different stages of production.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Obobo

JUNE 15, 2022

By saving time and money, these software systems help companies be more efficient. How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? What is RFI (Request For Information)?

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 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. Vendor consolidation provides several benefits, including: Reduced Costs through Economies of Scale.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They don’t just lead the finance team or spearhead initiatives to reduce costs. ” Top Challenges and Priorities for CFOs.

Finance 97

Finance Collaborations Flexibility Robotics Process Automation 97

Planergy Software

DECEMBER 11, 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.

Government 52

Government Collaborations Finance Accounting 52