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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. How Strategic Procurement Can Give You a Competitive Advantage. Procurement Strategic Sourcing. No longer can strategic sourcing be just in time and just in case. Download Free Copy. Written by.

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How to build a successful procurement strategy

IBM Services

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. It should be a strategic roadmap that, when effectively designed and implemented, aligns with the mission of the organization and greatly contributes to its success.

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A Post Pandemic Imperative

SIG Speaks

A device commonly used in the supplier management process is the supplier scorecard, designed to measure a supplier and its performance so that an organization can compare suppliers and incumbents on a level playing field. As a best practice, scorecards should be flexible, and measured variables should be adjusted as time changes.

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GAG Pooling: What Is It, Challenges, and Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This approach fosters collective responsibility, financial stability, and strategic resource allocation. The primary purpose of GAG pooling is to enable more strategic and flexible use of resources across a MAT.

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Using Supplier Segmentation To Maximize Supplier Relationships

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. At PLANERGY, our software is designed to help you keep track of spending, budgeting, and purchasing. Download Free Copy. Written by. Rob Biedron. 14 min read.

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The Top 8 Business Travel Management Tools

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software is designed to streamline and automate various aspects of business travel management. How to gain visibility and control of your indirect spend. What Is a Corporate Travel App?

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P-Cards: What Are Corporate Purchasing Cards and How Do They Work

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll give the card to designated employees who can make purchases only up to the credit limit. This can result in less on-contract spend and reduce realized cost savings from strategic sourcing initiatives.

Banking 52