IBM Services

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

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. No longer can strategic sourcing be just in time and just in case. Download Free Copy.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

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. This will become the sample as materials and vendors are sourced for mass production. Why is a strong product development strategy important?

Engineering 80

Engineering Manufacturing Collaborations Research 80

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Benefits of Corporate Travel Corporate travel offers several benefits for businesses: Networking Opportunities Attending conferences and events lets employees network with industry peers and potential clients.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This principle essentially states that roughly 80% of outcomes are determined by 20% of causes for many events. How to gain visibility and control of your indirect spend. How Pareto Analysis Works?

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

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 98

Sourcing Strategic Sourcing Supply Chain Management Outsourcing 98