Remove Inventory Management Remove Out-Tasking Remove Reduced Costs Remove Risk Management
article thumbnail

Procurement Costs and How Businesses Can Reduce Them

Planergy Software

Procurement is the act of buying raw materials, goods, and services for a business, as guided by formalized procedures, internal controls, and processes related to not just finance, but inventory management, supply chain management, and supplier relationship management as well. Improving inventory management.

article thumbnail

CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They don’t just lead the finance team or spearhead initiatives to reduce costs. The result?

Finance 97
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services. Learn about us, and our long history of helping companies just like yours. Book a Live Demo 2.

article thumbnail

Spend Management Strategy: How To Improve Your Strategic Spend Management Plan

Planergy Software

It is about controlling and making improvements to the way your organization spends money and isn’t just about managing accounts payable. It includes managing supplier relationships, inventory management, category management, and more. How Spend Management Improves Procurement.