Future of Sourcing

MARCH 21, 2023

Now as uncertainty is once again upon us, strategic sourcing teams and suppliers are on opposite sides, it has eroded the concept of having suppliers as your true “partners” and rendered the sourcing function as a more tactical operation. The Japanese pioneered the concept of Keiretsu.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

AUGUST 3, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Aaron Eleazer shares how the advancements of AI technology provide an exciting and innovative space that has an important place in how business is done and improved upon and also shares the concerns associated with it.

Strategic Sourcing 40

Strategic Sourcing Analytics Retail Sourcing 40

Planergy Software

DECEMBER 11, 2023

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. The group of academy schools operates under a single governing body or central board of directors.

Government 52

Government Collaborations Finance Accounting 52

Planergy Software

JANUARY 19, 2024

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. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

DECEMBER 12, 2023

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? Modern Spend Management and Accounts Payable software.

Finance 52

Finance Government Redistribution Administrative 52

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Download Free Copy. Written by. 15 min read.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Obobo

MARCH 21, 2023

Procurement savings refer to the cost reductions that are achieved by a company when it purchases goods and services through a strategic sourcing process. By adopting best practices such as spend analysis, supplier management, and e-procurement , companies can save money and increase efficiency.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

OCTOBER 13, 2023

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. Some also pool other ESFA or Local Authority income streams and self-generated, non-government income.

Finance 52

Finance Government Flexibility Redistribution 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues. Source what you can from reclamation centers and use recycling whenever possible.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Procurement teams can also use technology to manage purchasing more efficiently.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SourcX

OCTOBER 11, 2020

Even though workers are paid less than they would be in a developed country, proponents of low cost country sourcing argue that manufacturing overseas brings opportunities to workers that most need them. Advanced Manufacturing Infrastructure. India has also developed top-of-the-line manufacturing facilities.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As we become more aware of climate change and how it can affect the supply chain, environmental, social, and corporate governance, better known as ESG practices are now more important than ever. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Obobo

JUNE 17, 2022

Most organizations prefer to launch their projects using RFPs, and many governments always use them. In addition to providing crucial information for making informed and strategic decisions , RFPs provide a lot of vital information by definition. Investopedia. RFP Process Steps. Are they capable of meeting your needs in the future?

Strategic Sourcing 52

Strategic Sourcing Government Software Sourcing 52

Planergy Software

OCTOBER 18, 2023

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. Efficiency Streamlining the travel booking process saves time and resources for both employees and the company.

Finance 52

Finance Reduced Costs Management Risk Management 52

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. The ability to collaborate and communicate regularly with suppliers can lead to better relationships, efficiencies, and increased innovation.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

IBM Services

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

Sourcing 100

Sourcing Strategic Sourcing Supply Chain Management Outsourcing 100

Planergy Software

APRIL 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG stands for environmental, social and governance. And as everyone races to become as efficient as possible, inventory was at the lowest possible level, if it even existed at all, thanks to just-in-time processes.

Finance 64

Finance Strategic Sourcing Government Management 64

Planergy Software

OCTOBER 17, 2023

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. Small business loans can be obtained from various sources, including banks, credit unions, and online lenders.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These guidelines ensure proper recordation and compliance with government regulations while legitimately safeguarding all employee expenses incurred while on duty. How to gain visibility and control of your indirect spend.

Management 52

Management Accounting Finance Out-Tasking 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In addition, a preferred vendor program can help your organization meet its environmental, social, and governance (ESG) objectives. How to gain visibility and control of your indirect spend. Download Free Copy.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Property Taxes Property taxes are levied on homeowners by local governments and are based on the property’s assessed value. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52