Everest Group

JULY 18, 2023

What are the various category management organization models prevalent in the market? 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?

Management 59

Management Strategic Sourcing Outsourcing Government 59

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. With new markets and functionalities appearing almost overnight, product development can’t be a blind process.

Engineering 84

Engineering Manufacturing Collaborations Research 84

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 73

Administrative Sourcing Collaborations Strategic Sourcing 73

SIG Speaks

DECEMBER 1, 2022

Join us for this collaborative and very personal conversation! How to Source Smartly in Times of Inflation. Join Coupa Software experts Ayush Sharma and Dr. Jeffery Collins on the challenges of sourcing in the current inflationary environment—and what's coming in 2023! Sourcing Industry Landscape Podcast. Listen now.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Sales 40

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

Future of Sourcing

MARCH 21, 2023

As AArete prepares to attend the upcoming SIG Technology Summit , April 16-19 in Amelia Island, Florida I wanted you to consider the volatile commodity market and economic environment of the past few years that has pitted suppliers and companies against each other. The Japanese pioneered the concept of Keiretsu. Share your strategy.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

Everest Group

OCTOBER 14, 2021

It may seem at times that the IT and procurement departments can be on different planets when it comes to IT sourcing services spend. Anyone who has set up a new procurement department at a firm with large volumes of untracked indirect spend knows they first need to target the IT department and get involved in their sourcing projects.

Sourcing 52

Sourcing Cybersecurity Right-Sizing Risk Management 52

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.

Automation 40

Automation 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. This essay will explore aspects such as supplier collaboration, transparency, risk, technological adoption, and sustainability.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 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. ProcureAbility predicts that by 2030, strategic sourcing will take no longer than two weeks, thanks to cognitive computing. The first is advanced crowdsourcing. On to Hyper Cybersecurity.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Administrative 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

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

MAY 10, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Patrick Fifer shares how important it is to manage your direct stakeholder relationships in the sourcing world. Throughout the Certified Sourcing Professional program, stakeholder management was a critical aspect interwoven throughout the lessons.

Management 40

Management Third Party Contracting Strategic Sourcing Human Resources 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

Perficient Digital Transformation

NOVEMBER 8, 2021

Or, maybe you’ve been in the market for a new car, but every dealer you’ve spoken with says you’d have to place a special order to get your desired make or model, and that even after doing so, your new ride could take months to arrive? Companies should prioritize collaborative planning. Strategic sourcing and spend control.

Supply Chain Management 69

Supply Chain Management E-Commerce Manufacturing Strategic Sourcing 69

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

Everest Group

SEPTEMBER 21, 2021

Everest Group is a research firm focused exclusively on IT, business process, and engineering services – this specialization results in a depth of expertise that our clients find invaluable when making critical, strategic decisions related to their use and delivery of sourcing services. Global sourcing advisory firms.

Global Sourcing Advisory 40

Global Sourcing Advisory BPO Advisory Strategic Sourcing 40

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

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These insights are essential for making strategic decisions, such as expanding into new markets, launching new products, or acquiring other businesses. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This process involves analyzing historical data, understanding market trends, and making informed assumptions about future performance. How to gain visibility and control of your indirect spend.

Finance 52

Finance Software Automation Analytics 52

SIG Speaks

DECEMBER 6, 2022

Governance is essential as it determines the value that Procurement can provide to the business, whether saving money, avoiding risks, or achieving broader business objectives such as innovation or time-to-market improvements. Critical to any department’s success is balancing real-world challenges with your Governance program. .

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. By focusing on long-term priorities and investments, strategic budgeting helps organizations make informed decisions about resource allocation and adapt to changing market conditions.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 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

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. key Takeaway: Procurement savings are the cost reductions achieved by a company when purchasing goods and services through strategic sourcing. What is Procurement?

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Obobo

MARCH 30, 2023

Benchmarking: This method compares the purchase price with the market price to determine the difference. Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. By collaborating with them, you can identify opportunities for cost savings.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strategic Analysis This analysis looks at a supplier’s strategic value to the business. The evaluation should include feedback from multiple departments or sources to ensure that all relevant data is considered.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Obobo

JANUARY 15, 2023

Organizations can realize significant procurement cost savings by taking advantage of economies of scale, using strategic sourcing to find lower-cost suppliers, and leveraging their buying power to negotiate better prices. One way to achieve procurement cost savings is to streamline the procurement process itself.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Obobo

AUGUST 2, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. A successful supplier management program goes beyond strategic sourcing. Assess And Monitor Supplier Performance.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Obobo

AUGUST 16, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. A successful supplier management program goes beyond strategic sourcing. Assess And Monitor Supplier Performance.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Future of Sourcing

MAY 9, 2023

A recent study by Mckinsey shows that in addition to regaining profitability and finding methods to conserve cash, businesses must also struggle with shifting dynamics in the supply market, evolving workplace practices, variable demand, and de-risking their supply chains to make them less susceptible to disruption.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

SIG Speaks

JANUARY 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Shridhar Kundaram shares his perspective on a four-step sourcing process that can help take your sourcing team to the next level. Sourcing involves four significant steps Assess , Analyze , Execute and Evaluate. .

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These expenses often vary across departments, such as marketing, human resources, and operations. These expenses can help build relationships, foster collaboration, and expand your business network.

Finance 52

Finance Insurance Software Management 52

Planergy Software

MARCH 24, 2022

Consider risk factors, how diverse your requirements are, and how Dynamic your Market is. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. After you make this calculation, your vendors will give you a competitive advantage.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The amount you set as a limit for each category will depend on several factors, including the project’s size and scope, funding availability, and market conditions. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Finance Software 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. Marketing procurement is a common case where services procurement is required.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Obobo

JUNE 15, 2022

How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? RFx brings together RFIs , RFPs and RFQs , and is, therefore, an acronym that is used more frequently in strategic sourcing and procurement. .

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This approach allows businesses to grow their market power, diversify their product offerings, and achieve economies of scale. How to gain visibility and control of your indirect spend.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52