IBM Services
FEBRUARY 13, 2024
For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.
Planergy Software
JULY 5, 2023
How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll need to know the five Ws to track, monitor, and effectively handle expense management properly. This is important to understand what kind of expenses you should be aware of and manage.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
SIG Speaks
OCTOBER 12, 2023
In this paper, I will highlight the effects of AI on reporting, outsourcing, and contract management as we learned in the lessons. AI-powered technologies are set to revolutionize the reporting aspect of procurement and sourcing. In my experience in financial services, security, and privacy laws are being regulated more every year.
SIG Speaks
MAY 16, 2023
A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. I graduated with honors from the University of Kentucky’s Gatton School of Business in 2022 and received a degree in management and finance.
Future of Sourcing
JULY 28, 2023
Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.
SIG Speaks
AUGUST 17, 2023
And we must create policies and processes that provide the guidelines to regulate sourcing activities. When I began working with my organization, we needed an E-sourcing tool to manage our process, identify the correct stakeholders, and provide timely updates. The hope was to streamline the source-to-contract process.
IBM Services
DECEMBER 13, 2023
By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Some may not agree with the proposed changes.
Expert insights. Personalized for you.
84 
Let's personalize your content