Obobo

SEPTEMBER 29, 2022

Risk assess and mitigate any potential risks identified during the investigation process. Questions to ask Suppliers when doing Supplier Due Diligence When starting a business, it is important to ensure that you find the right supplier. The most common type of supplier management software is an ERP system.

Co-Sourcing 59

Co-Sourcing Software Supply Chain Management Right-Sizing 59

Planergy Software

MARCH 24, 2022

As you work to build the right supplier management system for your business, consider these best practices. It also involves risk management, supplier relationship management (SRM), and contract management. Use PLANERGY to manage purchasing and accounts payable. Download PDF. What’s your goal today?

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

MARCH 26, 2023

It’s also worth noting that while ESG is often associated with public companies, sustainability is becoming increasingly important for businesses of all sizes and ownership structures. There are environmental risks such as air & water pollution, deforestation, climate change, and depletion of natural resources.

Government 40

Government Supply Chain Management Risk Management Risk Management 40

Obobo

MARCH 23, 2023

Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices. Optimize product pricing by selecting the right vendor , negotiating more favorable terms, and exploring alternatives.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

MARCH 19, 2023

Vendor contracts management is a critical component of any business, no matter its size or industry. In this article, we’ll provide an overview of vendor contract management and how it can benefit your business. Licensing agreements govern the use of software or intellectual property rights.

Management 40

Management Reduced Costs Automation Accounting 40