Obobo

AUGUST 25, 2022

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

Strategic Sourcing 59

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 59

Obobo

AUGUST 24, 2022

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

Strategic Sourcing 52

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The right travel management solution can help ensure compliance with company policies, provide valuable insights into travel spending, and streamline the entire travel process. But fear not, weary traveler!

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

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. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

OCTOBER 17, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These scores consider factors such as the business’s payment performance, credit utilization, length of credit history, and the company’s size and industry risk.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Implementing tools and processes to streamline budget monitoring and reporting can help mitigate this challenge and promote a more efficient approach to strategic budgeting. Spend forecasting helps inform budget planning.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52