Remove Document Remove Jobbing Remove Right-Sizing Remove Strategic Sourcing
article thumbnail

Supplier Management Best Practices

Planergy Software

Supplier Management Best Practices Anyone responsible for a business’s procurement knows that supplier management is a major part of the job. As you work to build the right supplier management system for your business, consider these best practices. Your vendor management policy should be written as a form of document.

article thumbnail

Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Creating your policy document is a crucial step in setting up a successful business travel program, as it will help ensure that all employees understand the expectations and guidelines related to their travels.

Finance 52
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. All organizations, regardless of their size and type, should develop a spend management process. And with all relevant documentation – vendor invoices, contracts, etc. Download Free Copy.

article thumbnail

Turning Data Into Actionable Insights

Planergy Software

Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions. Translate information into insights The final step is to derive the required information to make better strategic decisions and generate more value from data. A one size fits all system.”