Collaborations Right-Sizing Risk Management Strategic Sourcing 
Planergy Software
OCTOBER 18, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. A well-designed corporate travel program prioritizes employee safety by vetting travel suppliers, providing travel risk management resources, and offering 24/7 support for travelers in case of emergencies.
Everest Group
OCTOBER 14, 2021
The CIO’s office consists of the visionaries who are willing to take high risks of trying something new and are the least process-sensitive of all business units. Often, IT category managers end up closely collaborating with their functional leads, and certain organizations centralize procurement departments in IT.
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Obobo
MARCH 23, 2023
Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.
Planergy Software
MARCH 24, 2022
As you work to build the right supplier management system for your business, consider these best practices. They also include performance expectations, data breach management details, compliance requirements, and corresponding penalties for failure to operate within those confines.
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. Taking a collaborative approach to supplier relationship management can help improve cash flow. The result?
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