IBM Services
FEBRUARY 13, 2024
For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.
SIG Speaks
MAY 16, 2023
A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. But the workforce has changed. The COVID pandemic made working from home the mainstream.
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SIG Speaks
OCTOBER 12, 2023
In my experience in financial services, security, and privacy laws are being regulated more every year. Additionally, with data collection practices, companies should consider any privacy concerns and adhere to data protection regulations to mitigate these risks effectively when deploying AI solutions4.
Everest Group
OCTOBER 31, 2022
Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.
Future of Sourcing
JULY 28, 2023
Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.
SIG Speaks
AUGUST 17, 2023
And we must create policies and processes that provide the guidelines to regulate sourcing activities. When I began working with my organization, we needed an E-sourcing tool to manage our process, identify the correct stakeholders, and provide timely updates. The hope was to streamline the source-to-contract process.
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.
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