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How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO | Virtual Roundtable

Everest Group

Summary Mature banking, financial services, and insurance (BFSI) global business services (GBS) organizations are taking on advanced vendor management organization (VMO) roles, acquiring more responsibility in governing service provider delivery. Who should attend?

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The Benefits of Intelligent Process Automation

SIG Speaks

Submitting proper certifications, insurance forms, tax, and banking info will allow the customer to only do business with approved suppliers with adequate documentation. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments.

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How To Calculate Procurement Savings

Obobo

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.

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Outsourcing: Challenges, Opportunities and Best Practices

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. There is a high chance that was answering services of any banking, insurance, technology, and an external organization handles many more.

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Discretionary Expenses: What Are They, Examples, and How To Control Them In Business

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Homeowner’s Insurance Homeowner’s insurance is a policy that provides financial protection against damage to your home and personal belongings due to events like fires, storms, or theft.

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Supplier Management Best Practices

Planergy Software

-based vendors you do business with have to have to prove that they have a minimum of two types of insurance coverage. They must show proof of worker’s compensation insurance, which provides wages and medical benefits to any employees injured while on the job.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. What to Do About It Always insure your shipments against loss, to give yourself a safety net.