Obobo

JULY 1, 2022

What Is Source-To-Pay (S2P)? Source-To-Pay Vs Procure-To-Pay. What Is Source To Pay (S2P)? An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. What Is The Source to Pay Process? Source to pay process: 1.

Sourcing 52

Sourcing Accounting Software Automation 52

Future of Sourcing

MAY 11, 2023

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Marketing Procurement: Challenges and Best Practices. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Download Free Copy. Written by. Rob Biedron.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

SIG Speaks

APRIL 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing. The contract and deal renewal are finalized.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

SIG Speaks

OCTOBER 26, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook.

Strategic Sourcing 40

Strategic Sourcing Management Facilities Management Sourcing 40

Everest Group

JULY 18, 2023

What are the various category management organization models prevalent in the market? What questions will the webinar answer for the participants? What are the factors that impact procurement and category management organizational structures? How is resource management conducted in best-in-class procurement organizations?

Management 59

Management Strategic Sourcing Outsourcing Government 59

IBM Services

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Administrative 73

Administrative Sourcing Collaborations Strategic Sourcing 73

SIG Speaks

MAY 17, 2023

In the recent May CPO & Executive Virtual Series hosted by SIG, we had the pleasure of welcoming esteemed speakers: Michael Koontz, Vice President of Strategic Sourcing & Business Leader at ATD Sourcing Solutions; Ruy Martins, Plant and Supply Chain Director at Urgo Medical; and Oren Salzman, Chief Procurement Officer at MetTel.

Strategic Sourcing 40

Strategic Sourcing Streamline Operations Sourcing Sales 40

Planergy Software

MAY 5, 2022

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. When your process is efficient, your organization has economies of scale. Download Free Copy. Written by.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

SIG Speaks

JULY 19, 2023

.; Dan Edwards, Procurement Director from Park National Bank; and Aashish Chandarana, Chief Information Officer of Productiv, shared valuable insights that shed light on the future of IT strategic sourcing, the significance of mentorship, and the latest SaaS trends in 2023. per employee.

Strategic Sourcing 40

Strategic Sourcing Banking Sourcing Marketing 40

IBM Services

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. With new markets and functionalities appearing almost overnight, product development can’t be a blind process.

Engineering 84

Engineering Manufacturing Collaborations Research 84

SIG Speaks

NOVEMBER 30, 2023

This will allow organizations to become more agile, provide employees with more efficient ways of managing workload, and encourage additional innovation as companies grow. The Certified Intelligent Automation Professional program is a six-week course delivered through SIG University’s unique education platform.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

DECEMBER 13, 2022

In the future of advanced crowdsourcing for procurement, leaders will increasingly source ideas from resources with more diverse skill sets. As Conrad noted, future procurement organizations will be a smaller, more desegregated and more efficient teams. The first is advanced crowdsourcing. Now on to Cognitive Computing.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Administrative 40

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. Several factors determine whether a business model is efficient and effective.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

SIG Speaks

JULY 14, 2023

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.

Management 40

Management Strategic Sourcing Sourcing Design 40

SIG Speaks

MARCH 10, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Nick Fratto describes how sourcing professionals must adapt to a post pandemic industry and how to find the perfect supplier's for your business. Bottlenecks, stockouts, shipping delays, and inflated costs have become common obstacles for sourcing practitioners.

Strategic Sourcing 40

Strategic Sourcing Sourcing Sales Administrative 40

SIG Speaks

JUNE 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Brynn Wheeler describes how to manage stakeholders for RFX by fostering a trusting atmosphere and inspiring participation. In 2020, Brynn left the aerospace domain to join Sprouts’ indirect sourcing team as an analyst and has since advanced to a procurement specialist.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

JUNE 14, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Nancy Wieskus shares the "Better Method" for procurement teams to implement into their procurement system. Stakeholders play a vital role and are crucial to sourcing initiatives by offering: Consent which allows for changes. Most important their expertise.

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

Future of Sourcing

MARCH 21, 2023

As AArete prepares to attend the upcoming SIG Technology Summit , April 16-19 in Amelia Island, Florida I wanted you to consider the volatile commodity market and economic environment of the past few years that has pitted suppliers and companies against each other. The Japanese pioneered the concept of Keiretsu.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

DECEMBER 20, 2022

Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments. Intelligent automation can also help with efficient on-contract buying, reduced transactional cost, and up-to-date information to better business decisions. .

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Everest Group

OCTOBER 31, 2022

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

Pharmaceuticals 52

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 52

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

SIG Speaks

MARCH 30, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Krollus Asaad shares how important it is to find trust in your procurement team and your business. On week eight (8) of my Certified Sourcing Professional (CSP) Program, I was introduced to the What’s In It For We mindset. That, my friends, is trust.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

SIG Speaks

JULY 1, 2022

Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. Sourcing Industry Landscape Podcast. register to attend. . . register to attend. . .

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Research 40

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. Here are some of the top strategies that can help: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

NoonDalton

NOVEMBER 8, 2023

In the fast-paced world of global commerce, ‘outsourcing’ has often been synonymous with cost-cutting and efficiency—sometimes at the expense of ethical considerations and long-term sustainability. This economic system goes beyond sustainability; it aims to renew and revitalize its own sources of energy and materials.

Outsourcing 52

Outsourcing Accounting Regulations Strategic Sourcing 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

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 26, 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.

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

Planergy Software

DECEMBER 25, 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. No more tedious data collection and processing – just pure, high-quality insights and strategic recommendations.

Finance 52

Finance Software Automation Analytics 52

SourcX

OCTOBER 11, 2020

By manufacturing in countries like China, India, Vietnam, Bangladesh, and the Philippines, companies gain access to a low cost labor market that can save them a lot of money. Companies can gain access to foreign markets with increasing ease, and creating a global and international brand is more appealing than ever.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

Obobo

SEPTEMBER 1, 2022

Unfortunately, far too often supplier contracts do not run as smoothly as they should, A lot can go wrong, such as delivery issues, payment problems, unexpected market changes, uncontrolled price escalations and miscommunications. Providing references or making introductions in new markets are examples of such activities.

Strategic Sourcing 59

Strategic Sourcing Management Marketing Research 59

Obobo

MARCH 30, 2023

Benchmarking: This method compares the purchase price with the market price to determine the difference. Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. This can help you reduce errors and improve efficiency.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This method encourages efficiency and reduces unnecessary spending by forcing organizations to evaluate each expenditure and its contribution to its goals carefully. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52