SIG Speaks

OCTOBER 26, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook.

Strategic Sourcing 40

Strategic Sourcing Management Facilities Management Sourcing 40

Everest Group

JULY 18, 2023

How do organizations enable effective collaboration between category managers, suppliers, and business stakeholders? What are the factors that impact procurement and category management organizational structures? How is resource management conducted in best-in-class procurement organizations?

Management 59

Management Strategic Sourcing Outsourcing Government 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. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Administrative 78

Administrative Sourcing Collaborations Strategic Sourcing 78

Future of Sourcing

JULY 28, 2023

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

Facilities Management 52

Facilities Management Robotics Process Automation Retail Strategic Sourcing 52

SIG Speaks

DECEMBER 21, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Burke outlines the necessary points for creating a strong, healthy, and productive relationship while ensuring your company has a clear path of intention and expectation. Ensure clarity and an escalation path to handle key personnel issues and skill mismatches.

Management 40

Management Strategic Sourcing Government Sourcing 40

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. Several factors determine whether a business model is efficient and effective. Collaboration is a critical aspect of supplier relations.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

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 89

Engineering Manufacturing Collaborations Research 89

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. You can do it by negotiating favorable terms and promoting collaboration with cross-functional teams.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

SIG Speaks

NOVEMBER 30, 2023

Utilizing the same documents and tools through the enterprise that are easily modified to new and emerging automation projects, regardless of business unit, will encourage greater collaboration, acceptance, and overall adoption. Visit our website to learn more about intelligent process automation and enroll for the upcoming semester.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

Future of Sourcing

MARCH 21, 2023

Now as uncertainty is once again upon us, strategic sourcing teams and suppliers are on opposite sides, it has eroded the concept of having suppliers as your true “partners” and rendered the sourcing function as a more tactical operation. The Japanese pioneered the concept of Keiretsu. Share your strategy.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

JULY 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Stephanie Clark shares an excellent analysis of the category management process from a strategic lens and notes when a well-designed program is enabled, it is equally effective for direct and indirect spend and across spend categories.

Management 40

Management Strategic Sourcing Sourcing Design 40

SIG Speaks

DECEMBER 13, 2022

In the future of advanced crowdsourcing for procurement, leaders will increasingly source ideas from resources with more diverse skill sets. As Conrad noted, future procurement organizations will be a smaller, more desegregated and more efficient teams. The first is advanced crowdsourcing. Now on to Cognitive Computing. learn more.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Administrative 40

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Here are some of the top strategies that can help: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SIG Speaks

APRIL 14, 2022

The above reflects the findings from a recent Ardent Partners paper , which suggests that today's efficient world-class supply management practice should involve "multiple internal and external stakeholders.". Of course, recognizing the need to collaborate is not enough. Orchestrating Success. Building On Rudzki.

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

SIG Speaks

MARCH 30, 2023

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.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

SIG Speaks

JULY 1, 2022

Join us for this collaborative and very personal conversation! 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. register now. . .

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Research 40

SIG Speaks

MARCH 28, 2022

One of the significant advantages of the Sourcing Industry Group (SIG) is that members have unparalleled access to industry insights and expertise through our vast and diverse community of practitioners and thought leaders. Our second executive is Michael Koontz. Creeping Into Supply Chains.

Strategic Sourcing 40

Strategic Sourcing Sourcing Outsourcing Collaborations 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

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. Download Free Copy.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

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. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

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

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. By adopting best practices such as spend analysis, supplier management, and e-procurement , companies can save money and increase efficiency.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Download Free Copy. Written by. 15 min read.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. The ability to collaborate and communicate regularly with suppliers can lead to better relationships, efficiencies, and increased innovation.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

OCTOBER 18, 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. Efficiency Streamlining the travel booking process saves time and resources for both employees and the company.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This method encourages efficiency and reduces unnecessary spending by forcing organizations to evaluate each expenditure and its contribution to its goals carefully. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Obobo

JANUARY 15, 2023

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. This can be done by automating routine tasks, eliminating unnecessary steps, and improving communication and collaboration between Procurement and other departments within the organization.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

DECEMBER 12, 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. This can include seeking additional funding sources such as grants, donations, or fundraising activities.

Finance 52

Finance Government Redistribution Administrative 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

Obobo

AUGUST 2, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. As part of the agreement, you must share information and priorities.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strong and sturdy credentials drive down costs by as much as 10% since these companies are focusing on operational efficiency and waste reduction. How to gain visibility and control of your indirect spend. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Obobo

AUGUST 16, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. As part of the agreement, you must share information and priorities.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

APRIL 19, 2022

Without someone to properly source these materials and make purchasing decisions based on budgetary considerations, the cost of goods sold would probably rise, the company’s profit margin would go down, and the future of the business would be negatively impacted. But Justin isn’t only responsible for procuring materials.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can avoid misunderstandings and resolve conflicts quickly and efficiently by keeping detailed records. Be Efficient with Resource Management. How to gain visibility and control of your indirect spend. Written by.

Management 52

Management Out-Tasking Finance Software 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Fuel costs are essential for vehicle operation and depend on fuel efficiency and driving habits. These expenses can help build relationships, foster collaboration, and expand your business network.

Finance 52

Finance Insurance Software Management 52