article thumbnail

What Is Strategic Sourcing? – Definition

Obobo

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

article thumbnail

What Is Strategic Sourcing? – Definition

Obobo

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

professionals

Sign Up for our Newsletter

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

article thumbnail

The Top 8 Business Travel Management Tools

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns.

article thumbnail

Best Practices for Supplier Management

Obobo

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

article thumbnail

Clashing Priorities: Vendor Diversification vs Efficiency and Vendor Risk Management

Sourcing Advisors Group

There is a brewing conflict in the world of Procurement – firms are aggressively pursuing Vendor Diversification while the same time, they are unable to manage most of their incumbent vendors, according to a recent Deloitte survey. Shortcuts Do Not Work. A surprise to no one, shortcuts will not resolve this challenge.

article thumbnail

Best Practices for Supplier Management

Obobo

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

article thumbnail

Outsourcing Services Pricing: What to Expect Next | Webinar

Everest Group

CIOs, CTOs, and CDOs IT and BPO department leaders SVMOs CPOs Strategic sourcing leaders Category managers Supplier management leaders Vendor managers. Rahul Gehani. Prateek Gupta. Vice President. Abhishek Sharma. Kunal Verma. Practice Director. How Much Will Your Next Outsourcing Deal Cost?