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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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The Importance of Stakeholder Relationship Management

SIG Speaks

As a Procurement Category Manager, I oversee the Marketing, Sales, Human Resources, and Facilities Operations categories of spend. To summarize, stakeholder management is one of the most critical components of being a sourcing professional. The most considerable spend comes from Marketing. learn more. .

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What are the different types of sourcing?

IBM Services

Here are some of the most common types of sourcing: Outsourcing Outsourcing is using a domestic or foreign third-party to carry out an activity or provide goods or services that are typically provided in house. It involves outsourcing a specific task or obligation to a subcontractor or service provider.

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Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This led to a series of successful animated films under the joint banner, such as “Up,” “WALL-E,” and “Inside Out.” How to gain visibility and control of your indirect spend.

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

Doing business in the new normal has underscored the importance of accurate and strategic financial planning paired with strategic flexibility, both aligned tightly with organizational goals for business performance. Find Out How. For chief financial officers (CFOs), this need is even more urgent.

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