Remove Collaborations Remove Reduced Costs Remove Risk Management Remove Sourcing
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11 Cost Reduction Strategies in Procurement

Obobo

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

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The Ultimate Guide To Successful Supplier Lifecycle Management

Obobo

The Ultimate Guide To Successful Supplier Lifecycle Management. A successful collaboration requires a thorough understanding of every aspect of the supplier. Supplier lifecycle management involves managing these aspects. Supplier Risk Management. A successful business must manage risks.

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The Ultimate Guide To Successful Supplier Lifecycle Management

Obobo

The Ultimate Guide To Successful Supplier Lifecycle Management. A successful collaboration requires a thorough understanding of every aspect of the supplier. Supplier lifecycle management involves managing these aspects. Supplier Risk Management. A successful business must manage risks.

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Transformation Imperatives for Wholesalers and MGAs in Insurance: Exploring Opportunities to Unlock the Next Growth Phase | Blog

Everest Group

Technology and business process services (BPS) providers can help MGSs reduce costs and increase their digitization and automation intensity. According to a McKinsey report, 43% of top 100 Property and Casualty (P&C) insurers have at least one MGA relationship to source new premiums. Read on to learn more.

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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Procurement Strategic Sourcing. You can do it by negotiating favorable terms and promoting collaboration with cross-functional teams. Download Free Copy. Written by. Rob Biedron. 15 min read.

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Focus on data ecosystems in the era of financial services

Capgemini

“The banks and insurers don’t have a choice but to start to collaborate,” Parmar says. “So, By procuring data from a variety of sources, they can enrich their own data and improve in areas like risk management. So, the desire is there to grow and reach new prospects and clients and to service them better.

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

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. The result?

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