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Why you need a Project Manager for Effective Strategic Sourcing?

Sourcing Captain

As we have discussed in our previous blogs, strategic sourcing is the perfect and innovative way to reduce costs, achieve a faster time to market and improve the quality of the final product. Moreover, it has been shown that 88 percent of organizations consider strategic sourcing as critical or major.

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Sourcing Leaders’ Key Priorities: Accelerating Growth Through Global Services | Webinar

Everest Group

live webinar Sourcing Leaders’ Key Priorities: Accelerating Growth Through Global Services May 2, 2024 | 9 a.m. IST As the second half of 2024 approaches, sourcing leaders are pivoting towards revenue acceleration strategies, moving beyond the traditional focus on cost savings. CDT | 10 a.m. EDT | 3 p.m. BST | 7:30 p.m.

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Strategic Sourcing Enables IT To Support Growth Initiatives

Sourcing Advisors Group

As a result, Sourcing Advisors Group findings show that many IT organizations have been unable to generate meaningful cost reductions, beyond short-lived down-ward ticks that are often followed by large spending increases. The post Strategic Sourcing Enables IT To Support Growth Initiatives appeared first on Sourcing Advisors Group.

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The Future of Procurement and Sourcing: The Effects of Artificial Intelligence in the Industry

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

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Start Off on the Right Foot with Supplier Management

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Kate Burke outlines the necessary points for creating a strong, healthy, and productive relationship while ensuring your company has a clear path of intention and expectation. Then, ensure a well-designed governance framework is built into the contract.

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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. The reality is that most businesses purchase 80% of their goods and services from only 20% of their suppliers.

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Implementing Category Management Strategies

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Stephanie Clark shares an excellent analysis of the category management process from a strategic lens and notes when a well-designed program is enabled, it is equally effective for direct and indirect spend and across spend categories.