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Days Sales Outstanding: What Is It and How To Calculate It

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What Is the Formula for Days Sales Outstanding? Is a Higher or Lower Days Sales Outstanding Ratio Better? What is the Average Days Sales Outstanding for a Company? What Is Days Sales Outstanding?

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How to build a successful product development strategy

IBM Services

The relentless pace of technological advances can mean even the most innovative start-up finds a once-successful product suddenly out-performed or obsolete. This will become the sample as materials and vendors are sourced for mass production. Consumers have access to more information than ever to compare products and brands.

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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. This task is challenging, but not impossible. Find Out More. Table of Contents. What is Savings Tracking? No contracts to cancel.

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The Importance of Stakeholder Relationship Management

SIG Speaks

SIG University Certified Sourcing Professional (CSP) program graduate Patrick Fifer shares how important it is to manage your direct stakeholder relationships in the sourcing world. Throughout the Certified Sourcing Professional program, stakeholder management was a critical aspect interwoven throughout the lessons.

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Marketing Procurement: Challenges and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Marketing procurement focuses on bringing in sales, where standard procurement focuses on things needed to keep the business running. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

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Building The Right Center Of Excellence For You

SIG Speaks

Here, the COE will evolve to effectively work through 5 essential tasks starting with creating strategic objectives. After figuring out the what and the how it is now the responsibility of the COE to consider what governance structure needs to be set in place.

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Big Data Analytics: What It Is and Why It Is Important

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.