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Why Cost Modeling And Price Benchmarking Are Ineffective For Strategic Sourcing

Sourcing Advisors Group

Many in Procurement and Strategic Sourcing espouse the use of should-cost or clean-sheet models, benchmarks and other behavior sensing models in support of negotiating prices on direct and indirect spend category products & services. Even the simplest of services model is challenging to estimate with any level of precision.

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4 smart technologies modernizing sourcing strategy

IBM Services

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

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Services Procurement: What Is It and How To Manage It

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What Is The Difference Between Goods and Services Procurement? What Is The Difference Between Goods and Services Procurement? What is Services Procurement?

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A Systems Approach to Sourcing & Procurement

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. For instance, if you take apart a car, you lose the ability to drive.

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Thoughts on Crowd Sourcing

SIG Speaks

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. Also, the facilities were almost exclusively coal plants, and many engineers and suppliers were in circulation to help support them.

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A Comprehensive List of Resources for the Contact Center Sourcing Process

Blue Ocean

What does it really look like to source a strategic partnership with an outsourced customer care provider? We sat down with Director of Strategic Sourcing and Logistics at St. Michael’s Hospital in Toronto, Ontario, Peter Longo, to talk about, well, his title says it all: strategic sourcing.

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SIG|ORG Adds New Executives to Advisory Board

Future of Sourcing

SIG is widely known as a forum for sharing “next” practices and thought leadership through live networking events, virtual forums, and a comprehensive online SIG resource center (SRC), which was developed by and for professionals in sourcing and outsourcing.