SIG Speaks

MAY 9, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. We will look into the nature of outsourcing projects in terms of relations management, the advantages/ disadvantages of outsourcing, and best practices for collaboration.

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

Everest Group

MAY 27, 2022

Alternatives are emerging that deliver greater flexibility and agility, leading to more innovative solutions. The sourcing approach always relies heavily on the skill and experience of the specialists delivering the activity. Customer concerns that the whole process might need to be restarted if they make changes limits flexibility.

Outsourcing 52

Outsourcing Sourcing Strategic Sourcing Flexibility 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As businesses increasingly recognize the importance of strategic financial planning and analysis, the need for knowledgeable FP&A practitioners continues to grow. How to gain visibility and control of your indirect spend.

Finance 52

Finance Software Automation Analytics 52

SIG Speaks

DECEMBER 6, 2022

As trusted advisors, Procurement professionals need to stay agile and flexible, especially at the start to help nurture stakeholders during the change management process. . Procurement leadership would be wise to build flexible structures to adapt quickly to changing needs. .

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

FEBRUARY 8, 2022

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. Why is developing collaborative relationships with your most strategic suppliers crucial to your success? Download Free Copy. Written by. Rob Biedron.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

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

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Common factors include cost-effectiveness, quality of goods or services, delivery lead times, customer service, regulatory compliance, flexibility, technical expertise, and the supplier’s financial stability.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Inaccurate projections can lead to poor decision-making and resource allocation, ultimately undermining the effectiveness of the strategic budget. This involves other departments collaborating effectively with finance.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. Companies today need to focus efforts on ethical sourcing , not just saving money wherever possible. Download Free Copy. Written by. Lyle Del Vecchio.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

APRIL 19, 2022

How better management in AP can give you better flexibility for cash flow management. He also needs to source a cleaning service that can clean the warehouse weekly, locate a hotel chain that employees can stay at when traveling for business, and find a phone plan that works best for employees and fits within the budget. Written by.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These include gym memberships, team-building events, workplace wellness programs , tuition reimbursement, retirement planning, and flexible work arrangements. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Stay Flexible. In addition, if you’re working with a team, team members can use the software to collaborate and stay up-to-date on the project’s progress. Stay Flexible. Download Free Copy.

Management 52

Management Out-Tasking Finance Software 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. How AP can improve relationships with your key suppliers. Download Free Copy. Supplier Management Best Practices.

Management 52

Management Insurance Supply Chain Management Right-Sizing 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. Cons include a lack of contract flexibility, requiring a strict vendor selection process, and more. Loss of Contract Flexibility.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Challenges and Risks: Both horizontal and vertical integration present unique challenges, such as integration difficulties, regulatory hurdles, increased complexity, capital intensity, reduced flexibility, and potential conflicts.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

DECEMBER 11, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The schools within a MAT often share common values and ethos, fostering a collaborative environment to improve educational outcomes for all students within the trust. Cross-functional collaboration can benefit everyone.

Government 52

Government Collaborations Finance Accounting 52