Remove Design Remove Efficiency Remove Inventory Management Remove Strategic Sourcing
article thumbnail

Days Inventory Outstanding: What Is It and How to Calculate It

Planergy Software

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What Is Days Inventory Outstanding?

article thumbnail

Catalog Management in Procurement: What Is It, Types of Catalogs, Challenges and Best Practices To Manage Them

Planergy Software

Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy?

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

How To Create Savings With Better Spend Management In Procurement

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How To Create Savings With Better Spend Management In Procurement. Spend management refers to the process of collecting, maintaining, categorizing, and reviewing spend data in an effort to reduce procurement costs.

article thumbnail

Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Examples of Vertical Integration A well-known example of vertical integration is Apple’s decision to design and manufacture its chips in-house. How to gain visibility and control of your indirect spend.

article thumbnail

Supply Chain Decisions: Skills and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Levels of Supply Chain Management Decisions When it comes to supply chain management, there are three levels of operation. Strategic The strategic level is the top level of supply chain management.

article thumbnail

The Benefits of Localized Supply Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. When a company achieves a resilient supply chain, they ultimately have more efficient operations, improve productivity, and greater risk reduction. How to gain visibility and control of your indirect spend. Written by.