SIG Speaks

OCTOBER 12, 2023

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. I look forward to using these methods as I move forward in my career.

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.

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. That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies should aim to form relationships with suppliers that uphold ethical standards and regulations to avoid becoming complicit in any wrongdoing by association. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

FEBRUARY 14, 2023

This can be accomplished through a variety of means, including strategic sourcing, contract management , spend analysis, and supplier relationship management. In addition to reducing overall costs, cost avoidance can also lead to improved quality and delivery of goods and services, as well as increased operational efficiencies.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Asking vendors for references is one way to assess the quality of their services before committing to any agreement. Ask about the vendor’s customer service and how efficiently they deliver promised goods or services.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52