Ivemsa

SEPTEMBER 28, 2022

Sourcing quality suppliers is essential to a production’s efficiency and overall success. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes. Implementing strategic sourcing is a way to add long-term value and continually optimize manufacturing processes.

Strategic Sourcing 52

Strategic Sourcing Nearshoring Sourcing Manufacturing 52

Sourcing Advisors Group

JUNE 22, 2020

Regardless of the chosen set of investments, it is not uncommon that Chief Information Officers (CIOs) and their teams are tasked with incremental responsibilities, particularly given the focus of many businesses is on Digital Transformation and other Digital Initiatives.

Strategic Sourcing 52

Strategic Sourcing Sourcing Out-Tasking Software 52

Sourcing Advisors Group

SEPTEMBER 18, 2020

Many in Procurement and Strategic Sourcing espouse the use of should-cost or clean-sheet models, benchmarks and other behavior sensing models in support of negotiating prices on direct and indirect spend category products & services. We recommend a comprehensive program, including: Apply Strategic Sourcing 101 principles.

Strategic Sourcing 52

Strategic Sourcing Sourcing Sales Retail 52

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. For instance, if you take apart a car, you lose the ability to drive.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Intugo

NOVEMBER 22, 2023

As globally active companies need more and more suppliers to keep the business running smoothly, strategic sourcing and sourcing managers in Mexico face the challenge of effectively organizing and managing supplier contracts.

Strategic Sourcing 59

Strategic Sourcing Management Sourcing Collaborations 59

SIG Speaks

APRIL 25, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. They brought forward information about the need for the change to ensure long-term viability for the company.

Sourcing 40

Sourcing Management Co-Sourcing Strategic Sourcing 40

SIG Speaks

JANUARY 4, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Larry Trawick shares how excellent communication is vital in ensuring success and how important it is to incorporate effective change into your sourcing practices. While change at the sourcing level can take on many forms, i.e., tools, processes, methods, etc.,

Sourcing 40

Sourcing Management Strategic Sourcing Outsourcing 40

SIG Speaks

SEPTEMBER 28, 2023

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.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Advisory 40

SIG Speaks

JANUARY 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Shridhar Kundaram shares his perspective on a four-step sourcing process that can help take your sourcing team to the next level. Sourcing involves four significant steps Assess , Analyze , Execute and Evaluate. .

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

Obobo

JULY 1, 2022

What Is Source-To-Pay (S2P)? Source-To-Pay Vs Procure-To-Pay. What Is Source To Pay (S2P)? An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. What Is The Source to Pay Process? Source to pay process: 1.

Sourcing 52

Sourcing Accounting Software 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

Future of Sourcing

MAY 11, 2023

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Everest Group

OCTOBER 18, 2023

How can enterprises use these to inform their ongoing planning? Who Should Attend: GBS leaders Category Leaders Strategic Sourcing Leaders CIO, IT/BPO Strategy Heads Procurement Managers Vendor Management Leads Register Here Abhishek Sharma Partner, Pricing Assurance Everest Group Bharath M Vice President, Global Sourcing Everest Group

Outsourcing 59

Outsourcing Strategic Sourcing BPO Sourcing 59

SIG Speaks

OCTOBER 26, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook.

Strategic Sourcing 40

Strategic Sourcing Management Facilities Management Sourcing 40

SourcX

OCTOBER 12, 2020

Many businesses acknowledge the advantages of sourcing in low cost countries. Increasing numbers of executives see the writing on the wall, and can no longer ignore the fact that sourcing in low cost countries can reduce labor costs and give them access to robust manufacturing facilities. What is Strategic Sourcing?

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

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

SIG Speaks

JULY 19, 2023

.; Dan Edwards, Procurement Director from Park National Bank; and Aashish Chandarana, Chief Information Officer of Productiv, shared valuable insights that shed light on the future of IT strategic sourcing, the significance of mentorship, and the latest SaaS trends in 2023. per employee.

Strategic Sourcing 40

Strategic Sourcing Banking Sourcing Marketing 40

SIG Speaks

OCTOBER 19, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Laing shares her perspective on the importance of a clear, concise presentation and how it is very important for the entire team and reinforces the depth of work performed and the criticality of procurement to your stakeholders.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

MAY 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jon Cody Hildebrand discusses the principles and key ways of managing different stakeholders. There needs to be more debate among sourcing professionals in large organizations regarding the importance of achieving real buy-in from stakeholders.

Management 40

Management Supply Chain Management Strategic Sourcing Sourcing 40

SIG Speaks

JUNE 1, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kaila Flynn shares how this course has challenged her thinking and understanding of sourcing in order to develop a better understanding of the sourcing and procurement world. I challenged my thinking about the process of sourcing as a whole.

Outsourcing 40

Outsourcing Strategic Sourcing Sourcing Sales 40

SIG Speaks

JUNE 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Brynn Wheeler describes how to manage stakeholders for RFX by fostering a trusting atmosphere and inspiring participation. After compiling and reporting this information, PM’s should start investigating what possible motives may be at play for each stakeholder.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

MAY 6, 2022

In this article, we hear takeaways from a recent CPO Rountable discussion from Michael Koontz, VP, Strategic Sourcing & Business Leader for American Tire Distributors (ATD) Sourcing Solutions. Before we get to Michael’s fight-inflation strategy, let’s first provide some background information on his company.

E-Commerce 40

E-Commerce Strategic Sourcing Retail Sourcing 40

SIG Speaks

APRIL 6, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Jacobs shares how important it is to understand spend analysis by assessing your suppliers and stakeholders. In that time, I have been involved in dozens of sourcing reviews. We, too frequently, will ask one person to start sourcing review.

Strategic Sourcing 40

Strategic Sourcing Sourcing Analytics Sales 40

SIG Speaks

DECEMBER 20, 2022

Questions can be based upon previous answers, so only relevant information is presented to the supplier. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments. Intelligent automation benefits span the entire Source-to-Pay process.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. It should be a strategic roadmap that, when effectively designed and implemented, aligns with the mission of the organization and greatly contributes to its success.

Administrative 70

Administrative Sourcing Collaborations Strategic Sourcing 70

SIG Speaks

MAY 18, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Frye discusses the importance of implementing technology and innovation into sourcing practices. We have covered many interesting and pivotal topics within sourcing and strategic thinking.

Robotics Process Automation 40

Robotics Process Automation Administrative Sourcing Strategic Sourcing 40

SIG Speaks

SEPTEMBER 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Heather Frazer discusses how TCO is a great tool that will help capture the entire potential for cost savings and risk and how it is increasingly important for procurement organizations to secure reliable data. The cost model can be used for various purposes in my role.

Supply Chain Management 40

Supply Chain Management Sourcing Strategic Sourcing Risk Management 40

SIG Speaks

NOVEMBER 17, 2022

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?

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Government 40

Sarah Holliman

AUGUST 30, 2017

I confess that when he asked the question, I still didn’t feel comfortable enough with the concept of blockchain to have an informed opinion on the viability of it. Unlike a bank, there is no single entity validating a transaction—but rather a decentralized, distributed network of outside sources.

Banking 130

Banking Strategic Sourcing Sourcing Outsourcing 130

IBM Services

JANUARY 16, 2024

Consumers have access to more information than ever to compare products and brands. This will become the sample as materials and vendors are sourced for mass production. Sourcing and manufacturing During this phase, a business gathers materials and contracts with partners, if applicable, to create a detailed plan for actual production.

Engineering 80

Engineering Manufacturing Collaborations Research 80

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

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

Future of Sourcing

MARCH 21, 2023

Now as uncertainty is once again upon us, strategic sourcing teams and suppliers are on opposite sides, it has eroded the concept of having suppliers as your true “partners” and rendered the sourcing function as a more tactical operation. The Japanese pioneered the concept of Keiretsu.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

JUNE 14, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Nancy Wieskus shares the "Better Method" for procurement teams to implement into their procurement system. Stakeholders play a vital role and are crucial to sourcing initiatives by offering: Consent which allows for changes. Most important their expertise.

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

SIG Speaks

MAY 10, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Patrick Fifer shares how important it is to manage your direct stakeholder relationships in the sourcing world. Throughout the Certified Sourcing Professional program, stakeholder management was a critical aspect interwoven throughout the lessons.

Management 40

Management Third Party Contracting Strategic Sourcing Human Resources 40

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. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52