SIG Speaks

JUNE 22, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Ethan Slade shares how procurement and sourcing professionals can gain positive influence in their organization that helps encourage productivity and change. Flexibility and personability co-exist, making your success even more assured.

Co-Sourcing 40

Co-Sourcing Sourcing Strategic Sourcing Flexibility 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFI: Request for Information. An RFI is issued when a procuring organization wants more general information about a potential vendor or solution. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This process involves analyzing historical data, understanding market trends, and making informed assumptions about future performance. However, doing so also means a potential loss of schedule flexibility.

Finance 52

Finance Software Automation Analytics 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Common factors include cost-effectiveness, quality of goods or services, delivery lead times, customer service, regulatory compliance, flexibility, technical expertise, and the supplier’s financial stability.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

SIG Speaks

MAY 9, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. Flexibility: Organizations are less constrained by their policies and work freely by utilizing the resources and capabilities of other providers. are involved.

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

SIG Speaks

DECEMBER 6, 2022

As trusted advisors, Procurement professionals need to stay agile and flexible, especially at the start to help nurture stakeholders during the change management process. . Procurement leadership would be wise to build flexible structures to adapt quickly to changing needs. .

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

OCTOBER 17, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This score indicates the creditworthiness of a business and helps lenders, vendors, and other stakeholders make informed decisions when working with the company. How to gain visibility and control of your indirect spend.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Organizations must collect and analyze vast amounts of data to make informed decisions and improve their operations. This information can then be used to make better business decisions or improve operations.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The app also sends real-time flight alerts to keep you informed about any changes to your flights. With transparent pricing and flexible options, TravelPerk ensures you get the best value for your travel budget.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

APRIL 19, 2022

How better management in AP can give you better flexibility for cash flow management. Even though the finance department is responsible for all company expenditures, in many cases they have been informed about expenses after the fact, often resulting in overspending and out-of-control expenses. Download Free Copy. Written by.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This type of budgeting can be complex and require significant data analysis, making it more suitable for organizations with well-defined processes and the ability to gather detailed cost information.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While the main goal is to reduce costs and improve sourcing, it can also help improve supplier relationships, giving your organization a competitive advantage. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Management needs to improve approve the policy which outlines how you will keep stakeholders informed. Your vendor policy should also help to establish your risk assessment principles including Financial, legal, and information security risk.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. If you have remote employees, your risk increases, especially if they use their personal devices to access company information.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These include gym memberships, team-building events, workplace wellness programs , tuition reimbursement, retirement planning, and flexible work arrangements. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Stay Flexible. This will save you time in the long run by ensuring that all the information you need is included in each document. Stay Flexible. How to gain visibility and control of your indirect spend.

Management 52

Management Out-Tasking Finance Software 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices for Travel and Expense Management Create a Central Repository Having all your travel and expense information in one place will make it much easier to keep track of.

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They include products or services sourced from multiple suppliers or distributors and are standardized according to the company’s requirements. Suppliers might provide incorrect information, or items may be duplicated.

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

MARCH 29, 2022

How better management in AP can give you better flexibility for cash flow management. With a plethora of data collection points available at their disposal, it’s easier for business leaders to be lost in the information glut. Many people use data, information, and insights interchangeably. Download Free Copy. Written by.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. Cons include a lack of contract flexibility, requiring a strict vendor selection process, and more. Loss of Contract Flexibility.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Everest Group

MAY 27, 2022

Alternatives are emerging that deliver greater flexibility and agility, leading to more innovative solutions. The sourcing approach always relies heavily on the skill and experience of the specialists delivering the activity. Customer concerns that the whole process might need to be restarted if they make changes limits flexibility.

Outsourcing 52

Outsourcing Sourcing Strategic Sourcing Flexibility 52

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Less Flexible than Corporate Cards Because purchase cards are tied to specific budgets or departments, you can’t use them to make cross-departmental or strategic purchases. P-Card FAQs What Is a P-Card Used for?

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Challenges and Risks: Both horizontal and vertical integration present unique challenges, such as integration difficulties, regulatory hurdles, increased complexity, capital intensity, reduced flexibility, and potential conflicts.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. Many times, organizations fail to consider the strategic and tactical levels when making decisions at the operational level. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

OCTOBER 13, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This approach fosters collective responsibility, financial stability, and strategic resource allocation. The primary purpose of GAG pooling is to enable more strategic and flexible use of resources across a MAT.

Finance 52

Finance Government Flexibility Redistribution 52

Planergy Software

FEBRUARY 8, 2022

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. Segmenting your suppliers can also help you identify your level of risk for instance if you have a single source of supply for your product or service. Written by.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

DECEMBER 11, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Leadership is crucial in setting strategic direction, fostering a positive culture, and driving academic excellence. Additionally, the curriculum should be broad, balanced, and flexible to cater to diverse learning needs.

Government 52

Government Collaborations Finance Accounting 52