Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. However, managing procurement can be costly, and costs can add up quickly.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

AUGUST 2, 2022

Consider these best practices as you build the right supplier management system for your business. There is more to procurement than cutting costs and finding the cheapest deal. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. Table of Contents.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Obobo

DECEMBER 17, 2021

As well as repairs, training, and other services, companies sometimes require a wide range of services to maintain them. Such costs can accumulate, especially if they are not properly managed. To configure, manage, and track custom savings, procurement teams often use source-to-pay or finance software. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Obobo

AUGUST 16, 2022

Consider these best practices as you build the right supplier management system for your business. There is more to procurement than cutting costs and finding the cheapest deal. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Additionally, partnering with preferred suppliers and negotiating volume discounts can lead to substantial realized cost savings. Companies of all sizes can benefit from a travel management solution.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

MARCH 29, 2022

This step can make or break an organization’s ability to understand its data better and leverage it to maximize profitability, reduce cost, and create value for shareholders. Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Another advantage of big data analytics is that it can help organizations reduce costs and improve efficiency. Cost Savings. Volume refers to the sheer size of the data. Download Free Copy.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52