SIG Speaks

APRIL 25, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. To gain efficiencies, reduce costs and ensure long-term viability, the company executives wanted to consolidate the company as one.

Sourcing 40

Sourcing Management Co-Sourcing Strategic Sourcing 40

Obobo

MARCH 20, 2023

What Is Global Sourcing And Procurement And Why Is It Important? Global sourcing and procurement have become buzzwords in the world of business today. As companies expand their operations globally, they are seeking new ways to reduce costs while maintaining quality standards. What is Global Sourcing and Procurement?

Sourcing 40

Sourcing Reduced Costs Manufacturing Customer Service 40

SIG Speaks

OCTOBER 12, 2023

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.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Ivemsa

SEPTEMBER 28, 2022

Sourcing quality suppliers is essential to a production’s efficiency and overall success. The common urge is to select the cheapest price for material procurement, though this could eventually cost more due to a lack of quality. Develop a Sourcing Strategy. Evaluate Project Needs.

Strategic Sourcing 52

Strategic Sourcing Nearshoring Sourcing Manufacturing 52

Capgemini

JULY 23, 2021

The following blog post gives an explanatory example of the implementation of our Capgemini IT Cost Efficiency Toolki t in the context of IT costs. Restructuring programs are usually conducted with two major purposes: Reduce cost and/or increase revenues. Figure 1: Common Restructuring approaches.

Efficiency 52

Efficiency Out-Tasking Reduced Costs Sourcing 52

Groove Technology

MAY 25, 2023

MuleSoft is a leading enterprise integration platform MuleSoft and its significance in data integration and management MuleSoft is a leading enterprise integration platform that provides tools and services for connecting different systems, applications, and data sources. API designer: A tool for designing, testing, and managing APIs.

Management 100

Management Supply Chain Management Sourcing Collaborations 100

Groove Technology

NOVEMBER 24, 2023

Outsourcing has become a common practice for businesses looking to cut costs and improve efficiency. The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Globalization Partners

JUNE 9, 2022

G-P API enables customers and partners to automate HCM and payroll tools simplifying processes and consolidating data into a single source of truth while removing errors and reducing costs. Reducing the risk of manual errors by keeping systems in sync and supports data governance processes.

Sourcing 52

Sourcing Payroll Reduced Costs Automation 52

Influx

NOVEMBER 8, 2022

6 simple ways to cut eCommerce costs . If tasks have a high volume at scale or are repetitive, automating these tasks can help to avoid human error, save time, and reduce costs. while bringing down marketing costs by 12.2%. . Spend marketing funds efficiently . Reduce packaging costs.

Efficiency 52

Efficiency Out-Tasking Outsourcing Reduced Costs 52

SIG Speaks

NOVEMBER 16, 2022

Rising costs lead to rising overhead—and rising stress about sourcing. . And yet, despite all the talk about the financial impact of inflation on sourcing, there’s an important point missing. . Sourcing Smarter. One way in which organizations can better manage uncertainty is by sourcing smarter and more efficiently.

Sourcing 40

Sourcing Reduced Costs Jobbing Marketing 40

Groove Technology

MAY 18, 2023

MuleSoft is an Anypoint Platform that offers a unified, hybrid integration platform for connecting any application, data source, or API, regardless of its location, format, or protocol. Increased productivity: MuleSoft automates and streamlines manual processes, reducing errors, and freeing up resources to focus on high-value tasks.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

31 West

APRIL 16, 2024

By selecting strategic functions for outsourcing, you can attain more than just cost savings – you can achieve enhanced flexibility and sharpened focus on core competencies. Utilize Cloud Services Migrating to cloud services translates into direct cost-efficiency for companies.

Software 130

Software Labor Costs Out-Tasking Automation 130

IBM Services

DECEMBER 18, 2023

One of the largest sources of data is all around us—that is, geospatial data. Efficient field service management ensures technicians respond to and resolve customer issues quickly, reducing service downtime and costs while increasing customer satisfaction.

Government 103

Government Sourcing Efficiency Reduced Costs 103

Perficient Digital Transformation

FEBRUARY 1, 2024

With Glue, you can: Centralize data discovery and metadata management: Create a unified Data Catalog to identify and understand your data across diverse sources. Run efficient Spark jobs: Leverage serverless Spark environments for data processing, eliminating the need to provision and manage clusters.

Jobbing 52

Jobbing Analytics Sourcing Reduced Costs 52

IBM Services

APRIL 10, 2024

How can you pivot efficiently in response to the changing market conditions? How efficient is your release process? ” Cost efficiency from the container-based approach, financial organization: “ The main advantage we found is greater infrastructure efficiency by moving the workloads to Liberty.

Software 95

Software Efficiency Flexibility Reduced Costs 95

Microsourcing

MAY 29, 2023

Outsourcing has long been a valuable strategy for businesses keen to increase efficiencies and reduce costs in areas as diverse as customer service, information technology and data management.

Engineering 52

Engineering Outsourcing Service Offshoring 52

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Everest Group

JUNE 12, 2023

Event nasscom Global Inclusion Summit During the 15th Edition of the Nasscom Global Inclusion Summit, Everest Group will deliver a Masterclass with analyst speakers, including Aishwarya Barjatya, Anik Dutta, Aman Birari, Rajesh Ranjan, and Susmitha Devisetty, titled Bridge the Employability Gap through Impact Sourcing.

Impact Sourcing 52

Impact Sourcing Reduced Costs Sourcing Accounting 52

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

This October, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. This system will only improve over time, providing us with better data and efficiencies in the future.

Banking 81

Banking Management Sourcing Administrative 81

Magellan Solutions

APRIL 28, 2023

With the rising inflation, insurance companies are looking for ways to reduce costs. These tasks ensure the efficient operations of an insurance company. Outsourcing administrative functions for insurance companies is one way to increase efficiency. The shifted focus improves business efficiency.

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

Airswift

NOVEMBER 26, 2021

Source: Frame Stock Footage/Shutterstock. Leaders are looking to reduce costs through automation and efficiency, and AI has a real role to play in that effort," writes a senior Deloitte executive.

Reduced Costs 98

Reduced Costs Retail Healthcare Automation 98

Perficient Digital Transformation

MARCH 12, 2024

Technology Integration Tech-driven platforms offered by new entrants provide data insights and automation, potentially streamlining processes and improving efficiency within the PBM industry. These approaches aim to not only improve patient outcomes but also enhance efficiency and drive cost-effectiveness in healthcare.

Management 52

Management Healthcare Analytics Reduced Costs 52

Everest Group

FEBRUARY 27, 2024

Generative Artificial Intelligence (gen AI) is emerging as a game-changer in customer experience management (CXM) by offering the potential to personalize customer interactions, enhance operational efficiency, and provide a competitive edge. As enterprises adopt gen AI, third-party providers have an increasingly vital role.

Management 64

Management Out-Tasking Efficiency Outsourcing 64

Obobo

JANUARY 28, 2022

They gained competitive advantage over companies not using these software’s due to the efficiencies and cost savings that these software’s delivered. For small and medium sized businesses , the costs of the software were prohibitive at the time. Benefits of Cloud Software. Cloud Based Procurement Software.

Software 98

Software Reduced Costs Sourcing Efficiency 98

Groove Technology

MARCH 6, 2023

The importance of an effective supply chain visibility Supply chain visibility is a critical component of success for retailers in today’s competitive retail landscape, as retailers face increasing pressure to meet customer demands quickly and efficiently. This can help them optimize operations, reduce waste, and avoid stockouts.

Retail 130

Retail Inventory Management Sales Data Entry 130

Everest Group

JUNE 28, 2023

Join this webinar to discover how healthcare providers can rethink their revenue cycle management (RCM) strategies to future-proof their operations, including how technology adoption can significantly improve administrative efficiencies, streamline operations, reduce costs, increase revenue, and reduce dependency on talent.

Healthcare 52

Healthcare Streamline Operations Reduced Costs Administrative 52

Groove Technology

JULY 27, 2023

With a rapidly growing demand for custom software development, outsourcing has proven to be a game-changer for companies looking to expand their technical capabilities, reduce costs, and accelerate time-to-market. Offshore development centers in countries with lower labor costs offer competitive rates without compromising quality.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Groove Technology

JUNE 15, 2023

These specialized firms bridge the talent gap by connecting businesses with remote developers from around the world, offering a unique value proposition that combines quality, cost-effectiveness, and efficiency. The collaboration resulted in enhanced productivity, faster time-to-market, and improved profitability for Enterprise Z.

E-Commerce 130

E-Commerce Flexibility Collaborations Healthcare 130

Obobo

OCTOBER 11, 2022

The article outlines many benefits of using eprocurement systems, such as greater visibility across the whole procurement process for all brands, more efficient and transparent operations, cost savings and much more! This system automates the sourcing, purchase order, and invoicing processes. What is an E-procurement system?

Software 64

Software Reduced Costs Out-Tasking Automation 64

Automation Anywhere

MAY 6, 2022

According to EY estimates, automation of back-office work could provide companies with savings of about 20% to 60% of baseline full-time employee (FTE) costs. Overcoming barriers to transformation A survey found that 60% of customer dissatisfaction sources originated in the back office.

Automation 144

Automation Out-Tasking Human Resources Finance 144

IBM Services

OCTOBER 16, 2023

Organizations have increasingly turned to containerization to create more scalable, efficient and agile infrastructure. Containers have grown more important as organizations need portable and resource-efficient technologies, becoming the de facto compute units of modern cloud-native applications.

Automation 77

Automation Software Sourcing Efficiency 77

Future of Sourcing

MAY 23, 2023

Increase efficiencies with digital tools Companies are moving faster across six dimensions of resilience: finance, operations, technology, organization, business model, and reputation. While 73% said increased operational efficiency is the top benefit, they hope to achieve this by digitizing more processes.

Right-Sizing 52

Right-Sizing Sourcing Analytics Efficiency 52

IBM Services

APRIL 25, 2024

Business process reengineering (BPR) is the radical redesign of core business processes to achieve dramatic improvements in performance, efficiency and effectiveness. This can lead to can significant improvements in efficiency, accuracy and scalability and enable the organization to operate more effectively.

Supply Chain Management 52

Supply Chain Management Finance Human Resources Robotics Process Automation 52

Perficient Digital Transformation

SEPTEMBER 22, 2023

Two statistics she shared stood out to me: First, on average, healthcare organizations have 46 systems in place dedicated to operations (Source: Salesforce Research, Healthcare & Life Sciences, April 2023). Roughly 30% of health industry costs come from administrative work (Source: Health Affairs, Administrative Waste Study 2022).

Healthcare 59

Healthcare Administrative Reduced Costs Sourcing 59

Magellan Solutions

JULY 21, 2023

Outsourcing allows businesses to enjoy advantages such as: Specialized expertise Access to the latest technologies Streamlined business processes Cost saving Increased efficiency and productivity Flexibility Focus on core tasks Selecting the right outsourcing partner can help companies improve efficiency and optimize business processes.

Outsourcing 94

Outsourcing Cybersecurity Robotics Process Automation Supply Chain Management 94

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Groove Technology

OCTOBER 21, 2021

Even if the answer is YES, do you want to strengthen your team to ensure the strength needed to efficiently complete development projects? Efficacy.NET development is easier to deploy, coding less, integrating legacy systems, using modern programming language structures to increase work efficiency and save a lot of time. Flexibility.

Service 130

Service E-Commerce Software Manufacturing 130