SIG Speaks

OCTOBER 12, 2023

Organizations are now looking to utilize AI to remain competitive and enhance their services. Overall, the impact of business outsourcing is leading to cost optimization, improved efficiencies, enhanced customer service, and data analysis Contract management is a critical aspect of procurement, and AI has the potential to transform this area.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Everest Group

OCTOBER 31, 2022

Similarly , the European Union (EU) Medical Device Regulation (MDR) , which regulates the production and distribution of medical devices, mandates MedTech enterprises place a Unique Device Identifier (UDI) for better visibility and tracking of products across the supply chain. Service provider landscape.

Pharmaceuticals 52

Pharmaceuticals Manufacturing Strategic Sourcing Regulations 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As a procurement professional, you know the importance of ensuring that all materials and services delivered by vendors meet or exceed your standards for quality and performance. What is Vendor Analysis?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s often tedious for many companies, as procurement involves identifying the right supplier and ensuring that goods and services meet organizational needs. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It allows companies to develop relationships with key suppliers who provide the best value for money and services, allowing for easier supply chain management and lower supply chain risk. Download Free Copy. Tier 1 Suppliers.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

FEBRUARY 14, 2023

In this guide, we will explore what cost avoidance is and how you can use it to reduce your overall spending on supplies and services. Or, a company might switch to a lower-cost supplier for a particular good or service. Another way to achieve cost avoidance in procurement is to use alternatives to traditional products or services.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52