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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

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.

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Is Your Procurement And Sourcing Function ESG Sustainable Ready?

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Sophie McNally shares how there is no one size fits all approach when it comes to ESG and that each company has to take a deep dive into what will ultimately work best for them. Supplier diversity and inclusion - direct spend with diverse and underrepresented suppliers.

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Successful Governance in Procurement

SIG Speaks

SIG University Certified Supplier Management Professional (CSMP) program graduate Cathy Rutherford describes how curcial Governance is in a procurement organization and how it can transform your team for the better. . Critical to any department’s success is balancing real-world challenges with your Governance program. .

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2023 FOSA Finalists

Future of Sourcing

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

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Five Factors Transforming the Life Sciences Supply Chain and Creating IT Opportunities | Blog

Everest Group

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

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From The Outside-In

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Tracie Ninh shares an outside perspective for integrating the best sourcing practices into your team. I am not a sourcing manager, nor have I ever been. Why do I consider myself an “outsider” even though I’ve always worked with sourcing?

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5 Advantages of Overseas Manufacturing

SourcX

Even though workers are paid less than they would be in a developed country, proponents of low cost country sourcing argue that manufacturing overseas brings opportunities to workers that most need them. Favorable Regulations. Advanced Manufacturing Infrastructure. Tax Incentives.