Efficiency Flexibility Labor Costs Strategic Sourcing 
Obobo
MARCH 23, 2023
In the medium term, cost reduction strategies can lead to larger savings, including effective contract negotiation , consolidation of suppliers or products, and streamlining of procurement processes. Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing.
Planergy Software
JANUARY 19, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As it often proves reliable when estimating outcomes, this concept is widely used by various industries attempting to maximize their efficiency. How to gain visibility and control of your indirect spend.
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Planergy Software
JANUARY 20, 2022
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Lower Costs Logistics are an expensive part of operations, often outweighing labor costs. To be successful, you must be flexible and adaptable. Download Free Copy. Written by. Keith Murphy.
IBM Services
JANUARY 31, 2024
The main motivators for outsourcing are cost savings; the flexibility to ramp up or scale back functions and goods or services as needed; and greater access to specific skills or raw materials. Near-sourcing Near-sourcing, also called nearshoring, involves moving sourcing activities closer to where goods or services are sold.
Planergy Software
JULY 14, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. P-cards are an efficient way of managing small and routine purchases without the need for paperwork and lengthy purchase approval processes. How to gain visibility and control of your indirect spend.
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