Obobo

JULY 19, 2022

A Complete Guide To Supplier Relationship Management. There is a number of ways an organization can manage its supplier relationships, from determining how each supplier contributes to its success to developing strategies that will help them perform more efficiently. Is Supplier Relationship Management?

Management 59

Management Efficiency Reduced Costs Risk Management 59

Obobo

JULY 27, 2022

The Ultimate Guide To Successful Supplier Lifecycle Management. A successful collaboration requires a thorough understanding of every aspect of the supplier. Supplier lifecycle management involves managing these aspects. What Is Supplier Lifecycle Management? Supplier Qualification.

Management 52

Management Risk Management Risk Management Collaborations 52

The Hackett Group

FEBRUARY 16, 2024

Procurement organizations are hoping to use technology, including Gen AI, to make up some of the gap, and technology spend is one area likely to be spared potential cuts, with an expected 4.6% Data analytics and reporting topped the list of planned improvement initiatives for 2024, followed by talent management. NASDAQ: HCKT).

Advisory 59

Advisory Research Analytics Risk Management 59

Obobo

JULY 12, 2022

The Ultimate Guide To Successful Supplier Lifecycle Management. A successful collaboration requires a thorough understanding of every aspect of the supplier. Supplier lifecycle management involves managing these aspects. What Is Supplier Lifecycle Management? Supplier Qualification.

Management 52

Management Risk Management Risk Management Collaborations 52

IBM Services

NOVEMBER 15, 2023

IBM watsonx is changing the game for enterprises of all shapes and sizes, making it easy for them to embed generative AI into their operations. A platform prioritized for enterprise AI IBM is focused on helping organizations create business value by embedding generative AI.

Co-Sourcing 91

Co-Sourcing Supply Chain Management Engineering Sales 91

Obobo

SEPTEMBER 18, 2022

How to Create the Ultimate Supplier Onboarding Process. Developing relationships with new suppliers can be challenging. A smooth start to your partnership can be achieved by onboarding your suppliers before you begin working together. . What is supplier onboarding? A process for onboarding suppliers.

Out-Tasking 59

Out-Tasking Design Automation Regulations 59

Obobo

AUGUST 25, 2022

An organization can take advantage of its consolidated purchasing power and use that to find the best value in the marketplace as well as align its purchasing strategy to meet the business goals of the organization by using strategic sourcing , an approach to supply chain management that formalizes the way information is gathered and used.

Strategic Sourcing 59

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 59

Obobo

MARCH 23, 2023

We will discuss tactics for short-term wins, medium-term optimizations and long-term value creation. We will discuss tactics for short-term wins, medium-term optimizations and long-term value creation. However, managing procurement can be costly, and costs can add up quickly.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

AUGUST 10, 2022

A Complete Guide To Supplier Relationship Management. There is a number of ways an organization can manage its supplier relationships, from determining how each supplier contributes to its success to developing strategies that will help them perform more efficiently. Is Supplier Relationship Management?

Management 52

Management Efficiency Reduced Costs Risk Management 52

Obobo

AUGUST 16, 2022

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.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Metasource

MAY 1, 2024

Modern finance leaders are pursuing accounts payable (AP) automation solutions with several goals in mind… Maybe you want to eliminate manual data entry and give your staff back time for more high-value tasks. Maybe you’re focusing on cost reduction given today’s economy. Maybe you’re hoping to improve vendor relationships.

Automation 52

Automation Accounting Customer Support Data Entry 52

Obobo

AUGUST 24, 2022

An organization can take advantage of its consolidated purchasing power and use that to find the best value in the marketplace as well as align its purchasing strategy to meet the business goals of the organization by using strategic sourcing , an approach to supply chain management that formalizes the way information is gathered and used.

Strategic Sourcing 52

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 52

Obobo

MARCH 7, 2023

Introduction Are you tired of manually managing your procurement process, from searching for suppliers to negotiating contracts and tracking deliveries? Not only can it simplify and streamline the entire process, but it also offers a host of benefits such as cost savings, improved efficiency, and better supplier relationships.

Software 52

Software Regulations Out-Tasking Automation 52

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.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

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

Obobo

JANUARY 30, 2023

In other words, procurement savings is the amount of money that a company saves by negotiating lower prices with its suppliers. In other words, procurement savings is the amount of money that a company saves by negotiating lower prices with its suppliers. There are a number of ways to achieve procurement savings.

Software 81

Software Reduced Costs Automation Service 81

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. What is Supplier Tiering?

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

SIG Speaks

NOVEMBER 15, 2022

SIG University Certified Supplier Management Professional (CSMP) program graduate Damilare Adeoye discusses why having a strong relationship with suppliers makes for more compatible businesses. Successful supplier identification, qualification, and onboarding require a stringent supplier relationship check.

Pharmaceuticals 40

Pharmaceuticals Supply Chain Management Government Strategic Sourcing 40

Planergy Software

MARCH 24, 2022

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Supplier Management Best Practices. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. Clients and results.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. ESG In Supply Chain: Creating a Sustainable Value Chain We all know just how valuable the supply chain is. Clients and results. More Customers. Cristian Maradiaga.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

SIG Speaks

DECEMBER 9, 2021

It was never uncommon to hear of documents buried in paper trails, missed discounts and strained supplier relationships, etc. But recently, the pandemic added to these woes and proved that the ways in which many Accounts Payable teams still operate are not just dated and costly, but may also put the health and safety of employees at risk.

Accounting 94

Accounting Data Entry Labor Costs Automation 94

Planergy Software

AUGUST 16, 2022

How AP can improve relationships with your key suppliers. How better management in AP can give you better flexibility for cash flow management. Supplier Development: What It Is, And How To Manage It. Best Practices & Tips Supplier Performance Supplier Relationship Management. King Ocean.

Management 52

Management Supply Chain Management Reduced Costs Finance 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The best way to minimize disruption is to identify the various supplier risks and create a plan of action for what to do if the risk becomes a reality. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Planergy Software

OCTOBER 17, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This score indicates the creditworthiness of a business and helps lenders, vendors, and other stakeholders make informed decisions when working with the company.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Obobo

OCTOBER 11, 2022

Procurement/purchasing is one of the most important tasks that a business needs to do in order to stay on top of their industry. An e-procurement system is an online system that businesses use to manage their purchasing and procurement processes. What Is An E-Procurement Software and 5 Benefits Of Using One For Your Business.

Software 64

Software Reduced Costs Out-Tasking Automation 64

Obobo

JANUARY 23, 2023

The goal of procurement is to obtain items or services that meet the needs of the organization while maximizing value for money. The goal of procurement is to obtain items or services that meet the needs of the organization while maximizing value for money. It is important to get the best possible value for money during this stage.

Software 52

Software Right-Sizing Sourcing Out-Tasking 52

Obobo

OCTOBER 27, 2022

eSourcing platforms streamline the procurement process by automating key steps like supplier selection, contract management, and spend analysis. eSourcing platforms streamline the procurement process by automating key steps like supplier selection, contract management, and spend analysis. Definition. Table of Contents.

Sourcing 52

Sourcing Out-Tasking Right-Sizing Automation 52

Groove Technology

JANUARY 5, 2022

Additionally, it will show how the dedicated team model works and how the Groove Technology team utilizes it to give the most outstanding experience possible. This is one of the most common partnership models, and it is on par with the fixed pricing (FP) and time and materials (T&M) models in terms of popularity.

E-Commerce 130

E-Commerce Software Right-Sizing Outsourcing 130

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. Clients and results. More Customers.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It has been applied to various topics such as economics, business management, quality control, and mathematics. How to gain visibility and control of your indirect spend. How Pareto Analysis Works?

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Partnering with a travel management company (TMC) can help you access travel experts to make the most of your program. What's Planergy?

Finance 52

Finance Reduced Costs Management Risk Management 52

Obobo

FEBRUARY 15, 2022

You should understand the difference between the two concepts as well as how the information on the financial statements may be reported if you have project management responsibilities or approval responsibilities for significant capital or program expenditures. Direct spend is everything that goes into making a product.

Software 98

Software Management Time Savings Accounting 98

Planergy Software

SEPTEMBER 10, 2021

Finding ways to reduce procurement costs is an important part of maximizing your return on investment (ROI) in order to generate both cost savings and value for your business. Some of the most common procurement costs include: Base costs , i.e. the individual price paid for goods and services. Procurement Costs: An Overview.

Inventory Management 59

Inventory Management Supply Chain Management Data Entry Labor Costs 59

Sarah Holliman

JULY 3, 2019

When you factor in the retirement of Baby Boomers, the advancement of Millennials into management positions and the proliferation of globalization, the face of the workforce is profoundly different. Typically used for supplier agreements, an SOW has been called “the heart of every supplier contract.”

Robotics Process Automation 100

Robotics Process Automation Government Banking Outsourcing 100

SirionLabs

SEPTEMBER 27, 2021

What is Vendor Management? At the heart of streamlined procurement lies a successful vendor management program. Gartner defines vendor management (VM) as a “discipline that enables organizations to control costs, drive service excellence and mitigate risks to gain increased value from their vendors throughout the deal life cycle.”.

Management 52

Management Co-Sourcing Collaborations Software 52

Capgemini

JULY 14, 2023

Yet supply chains are among the business operations most vulnerable to outside forces and the cost can be significant, ranging from lost sales and production time to lower brand image and increased difficulty in raising capital. What is a sustainable supply chain? Is it one that’s environmentally responsible? Can you provide an example?

Manufacturing 52

Manufacturing Regulations Research Analytics 52

SIG Speaks

MAY 23, 2023

SIG University Certified Third-Party Risk Management Professional (C3PRMP) program graduate Dallin Ingalls shares the inherent value that is associated with a strong third-party risk management framework. Third-party risk management creates "Vault-like" security for a company when it engages with a third party.

Risk Management 40

Risk Management Risk Management Banking Management 40