SourcX

OCTOBER 11, 2020

Favorable Regulations. Much like investing in manufacturing infrastructure, many low cost countries try to make their laws and regulations as beneficial as possible for companies that choose to manufacture there. Manufacturing overseas often means that companies can take advantage of favorable regulatory environments.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

SIG Speaks

NOVEMBER 17, 2022

What I’ve been trying to do in each position I held was to create processes and resources that are fully integrated into a sourcing organization so that if the person managing the sustainability or supplier diversity program were ever to leave the company (for whatever reason), the sourcing organization is still set up to maintain the program.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Government 40

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It also helps when deciding which products or services to outsource—you may outsource a product from a lower-tier supplier simply because it’s not as important as something supplied by a first-tier supplier.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits. However, offshore sourcing is not without risks.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SIG Speaks

SEPTEMBER 28, 2023

This analysis attempts to explore how procurement and sourcing functions of publicly traded technology companies with market capitalizations between $15 billion to $35 billion (“Tech Company”) can evaluate, implement, and monitor emerging Environmental Social and Governance (“ESG”) regulations within their supply chain.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Advisory 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you work with a small business or enterprise-level partner, strategic sourcing is key because you want to keep stakeholders happy. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. To avoid regulatory hurdles, companies must carefully assess the competitive landscape, consider the impact of their actions on market dynamics, and ensure compliance with all relevant laws and regulations.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52