Obobo

DECEMBER 14, 2022

What is Global Sourcing? Global sourcing is the procurement of goods and services from suppliers in multiple countries. It’s a type of sourcing that has become increasingly popular among businesses in recent years as a way to optimize costs and access new markets. What is Global Sourcing? Definition.

Sourcing 40

Sourcing Labor Costs Nearshoring Out-Tasking 40

Ivemsa

SEPTEMBER 28, 2022

Sourcing quality suppliers is essential to a production’s efficiency and overall success. The common urge is to select the cheapest price for material procurement, though this could eventually cost more due to a lack of quality. Develop a Sourcing Strategy. The other common sourcing strategy is a request for proposal (RFP).

Strategic Sourcing 52

Strategic Sourcing Nearshoring Sourcing Manufacturing 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 6 Types Of Procurement Methods There are six commonly used procurement methods used when sourcing and evaluating suppliers for procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Neo Group

APRIL 6, 2022

Neo Group is a leader in sourcing, with a two decade heritage in advisory services for the world’s largest corporations. For over 22 years, they have enabled incredible business outcomes through collaborative solutions that have secured our market-leading position in the sourcing advisory & governance services space.

Sourcing 52

Sourcing Co-Sourcing Global Sourcing Advisory Advisory 52

Globalization Partners

JUNE 9, 2022

G-P API enables customers and partners to automate HCM and payroll tools simplifying processes and consolidating data into a single source of truth while removing errors and reducing costs. Benefits include: Onboarding professionals more quickly by automating the process of transferring candidate information between HR tools.

Sourcing 52

Sourcing Payroll Reduced Costs Automation 52

Groove Technology

MAY 14, 2023

MuleSoft is a technology company that provides an integration platform for connecting applications, data sources, and APIs. MuleSoft provides an integration platform that enables businesses to connect their systems, applications, and data sources together. What is MuleSoft? It was founded in 2006 and acquired by Salesforce in 2018.

Sourcing 130

Sourcing Flexibility Reduced Costs Automation 130

Groove Technology

MAY 25, 2023

MuleSoft is a leading enterprise integration platform MuleSoft and its significance in data integration and management MuleSoft is a leading enterprise integration platform that provides tools and services for connecting different systems, applications, and data sources. API designer: A tool for designing, testing, and managing APIs.

Management 100

Management Supply Chain Management Sourcing Collaborations 100

IBM Services

DECEMBER 18, 2023

One of the largest sources of data is all around us—that is, geospatial data. This is information relating to the Earth’s surface, its climate, the people who live on it, its ecosystems and more. The data from this soil and water analysis helps farmers improve yields while reducing costs and pollution runoff.

Government 103

Government Sourcing Efficiency Reduced Costs 103

Microsourcing

MAY 29, 2023

Outsourcing has long been a valuable strategy for businesses keen to increase efficiencies and reduce costs in areas as diverse as customer service, information technology and data management.

Engineering 52

Engineering Outsourcing Service Offshoring 52

Groove Technology

MAY 18, 2023

MuleSoft is an Anypoint Platform that offers a unified, hybrid integration platform for connecting any application, data source, or API, regardless of its location, format, or protocol. Increased productivity: MuleSoft automates and streamlines manual processes, reducing errors, and freeing up resources to focus on high-value tasks.

E-Commerce 130

E-Commerce Supply Chain Management Government Banking 130

IBM Services

APRIL 25, 2024

Done correctly, this process also contains critical activities that can significantly reduce costs and satisfy a business’ key metrics for success. But in a channel-less world, data should be used to inform more than FAQ pages, content marketing tactics and email campaigns.

Retail 84

Retail Sales Sourcing Marketing 84

Groove Technology

NOVEMBER 24, 2023

The use of managed services not only helps businesses reduce costs but also provides them with access to specialized expertise and resources that may not be available in-house. Businesses will be able to leverage AI-powered tools and platforms to improve efficiency, reduce costs, and enhance the overall quality of their IT services.

IT Outsourcing 130

IT Outsourcing Outsourcing Robotics Process Automation Nearshoring 130

Groove Technology

FEBRUARY 9, 2023

To succeed, retailers must integrate a growing number of apps and data sources to automate business processes and create seamless shopping experiences that meet customers’ expectations. APIs enable different systems to communicate and share information that would otherwise be incompatible.

Retail 130

Retail Sales Sourcing Cybersecurity 130

Groove Technology

MARCH 6, 2023

Without access to accurate, real-time data on everything from inventory levels to sales performance, it can be difficult for retail business owners to make informed decisions about how to optimize their operations, improve customer experiences, and stay ahead of the competition.

Retail 130

Retail Inventory Management Sales Data Entry 130

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 98

Marketing Robotics Process Automation Service Insurance 98

Simplr

JULY 18, 2023

What You Need to Know to Help Transform Customer Experiences and Reduce Costs Since the launch of ChatGPT, generative AI has become one of the most important topics for business leaders. Generates responses based on unstructured data – Uses unstructured data from sources like a website or pdfs to generate responses.

Reduced Costs 52

Reduced Costs Customer Service Sourcing Service 52

Simplr

JULY 18, 2023

What You Need to Know to Help Transform Customer Experiences and Reduce Costs Since the launch of ChatGPT, generative AI has become one of the most important topics for business leaders. Generates responses based on unstructured data – Uses unstructured data from sources like a website or pdfs to generate responses.

Reduced Costs 52

Reduced Costs Customer Service Sourcing Service 52

Perficient Digital Transformation

MARCH 12, 2024

These trends signify a broader shift towards data-driven approaches that not only enhance patient care but also optimize costs within the ever-evolving healthcare landscape. Leveraging machine learning and predictive analytics allows for forecasting medication needs, identifying high-risk patients, and personalizing interventions.

Management 52

Management Healthcare Analytics Reduced Costs 52

Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Everest Group

MARCH 23, 2023

Capital Markets Operations – Services PEAK Matrix® Assessment The capital markets operations landscape is rapidly evolving as enterprises strive to meet the demands of a new generation of customers, reduce cost pressures in a recessionary environment, and adhere to regulatory changes.

Marketing 86

Marketing Robotics Process Automation Service Insurance 86

Obobo

JANUARY 24, 2022

The best way to illustrate this is with an example: Increasing sales revenues by £1 million for a company with a sales margin of 10% will have the same effect on the company’s bottom line profit as reducing costs by £100,0000. As with sales revenues, cost savings are broken down into projected and realised savings.

Sales 98

Sales Reduced Costs Finance Sourcing 98

Obobo

JANUARY 28, 2022

Larger companies have realised for decades the importance of procurement solutions to achieve efficiencies and reduce costs , manage risk, provide important data and more recently, ensure they are working with suppliers whose values align with their own. Learn how oboloo can save your company time and money through procurement.

Software 98

Software Reduced Costs Sourcing Efficiency 98

Ivemsa

APRIL 2, 2024

Sources Industrial Space and Skilled Workers As more manufacturers look to Mexico as a cost-effective strategy, finding site facilities and skilled workers becomes more competitive. Launches Production Quicker While nearshoring to Mexico often reduces costs comparable to the U.S., and other countries.

Manufacturing 52

Manufacturing Nearshoring Administrative Out-Tasking 52

Magellan Solutions

APRIL 28, 2023

With the rising inflation, insurance companies are looking for ways to reduce costs. Information Technology (IT) : Technical support, hardware maintenance, network management, and software development. The advantages of having an outside source manage certain tasks for insurance businesses are listed here. #1)

Administrative 98

Administrative Insurance Outsourcing Data Entry 98

Future of Digital Sourcing Outsourcing

OCTOBER 14, 2022

This October, the Future of Sourcing Awards will celebrate organizations and individuals that have shown innovation, leadership and transformation in categories that are critical to the sourcing industry. The existing contracts for BMO’s two armored car carriers (ACC suppliers) and Canadian cash processor were expiring.

Banking 81

Banking Management Sourcing Administrative 81

Automation Anywhere

MAY 6, 2022

According to EY estimates, automation of back-office work could provide companies with savings of about 20% to 60% of baseline full-time employee (FTE) costs. Overcoming barriers to transformation A survey found that 60% of customer dissatisfaction sources originated in the back office.

Automation 144

Automation Out-Tasking Human Resources Finance 144

Obobo

JUNE 15, 2022

The ability to obtain standardised information from suppliers has been and continues to be a challenge. It is difficult for procurement departments to compare quotes or due-diligence information received from suppliers in different formats, as they are offered in different formats; hunting the information down can take a lot of time.

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

Obobo

OCTOBER 11, 2022

This system automates the sourcing, purchase order, and invoicing processes. This leads to faster turnaround times and reduced costs. This information can be valuable in helping you to make informed decisions about where to allocate your resources. E-sourcing is typically used for very high-value procurements.

Software 64

Software Reduced Costs Out-Tasking Automation 64

Groove Technology

JULY 27, 2023

With a rapidly growing demand for custom software development, outsourcing has proven to be a game-changer for companies looking to expand their technical capabilities, reduce costs, and accelerate time-to-market. One effective strategy that has gained considerable momentum is software outsourcing.

Software 100

Software Outsourcing Right-Sizing Flexibility 100

Everest Group

FEBRUARY 27, 2024

Reach out to us for more information or to further discuss this topic. These tools enhance productivity, reduce response times, and enable agents to focus on more complex and value-added tasks. Our survey asked enterprises about their readiness to adopt gen AI to identify significant areas where enterprises need specialized support.

Management 64

Management Out-Tasking Efficiency Outsourcing 64

31 West

APRIL 16, 2024

Consider these impactful benefits: Reduced Dependency on Support – Trained employees can troubleshoot basic issues independently, lessening the load on IT support. Boosted Productivity – Efficient use of technology accelerates workflow and reduces time wastage. In turn, you can grow your business and generate more profits.

Software 130

Software Labor Costs Out-Tasking Automation 130

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tail spend analysis helps companies identify areas of spend that are falling through the cracks, allowing them to make more informed decisions and achieve greater savings.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Obobo

DECEMBER 20, 2022

It’s an efficient way for businesses to streamline the procurement and sourcing process , as well as ensure compliance with regulations. A supplier management system (SMS) is a tool used by organizations to streamline and manage supplier information. But how exactly can a supplier management system benefit your business?

Management 52

Management Reduced Costs Efficiency Out-Tasking 52

Perficient Digital Transformation

NOVEMBER 4, 2022

Perficient colleague Jonathan Crockett , director of mobile solutions, was quoted in the recent Forrester report Pinpoint The Costs When Sourcing A Modern Mobile App. In the report, Forrester examines the many factors which impact the cost of developing mobile applications and provides guidance for reducing cost and development time.

Reduced Costs 64

Reduced Costs Collaborations Research Sourcing 64

Obobo

JANUARY 25, 2023

eSourcing – The Ultimate Guide to eSourcing Software Introduction to eSourcing eSourcing software is a tool that streamlines the process of sourcing and procuring products and services from suppliers. The benefits of eSourcing make it an essential tool for any organization that sources products or services from suppliers.

Software 40

Software Sourcing Out-Tasking Right-Sizing 40

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. Vendor consolidation provides several benefits, including: Reduced Costs through Economies of Scale. Download Free Copy.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52