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4 smart technologies modernizing sourcing strategy

IBM Services

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 102
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Eight Ways to Boost Supplier Contract Management in Mexico

Intugo

Eight Ways to Boost Supplier Contract Management in Mexico Discover best practices for creating a strategy for supplier contract management in Mexico to identify supplier gaps and drive savings. An effective strategy for undertaking contract management in Mexico is increasingly important for ensuring success.

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How to build a successful procurement strategy

IBM Services

The role of procurement extends beyond transactional activities. A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. What is a procurement strategy?

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Procurement and Purchasing are not the same: Here is how

Sourcing Captain

In the context of acquiring goods for business operations, the terms procurement and purchasing are often used interchangeably. For anyone who is into sourcing, it is essential to understand the difference between purchasing and procurement. Procurement. Here are the key differences between Purchasing and Procurement.

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All you need to know about Procurement Project Management

Sourcing Captain

In this context, procurement project management involves planning, implementing and controlling a procurement project. Managing a procurement project like this requires a wide range of skills and competencies, methods, processes, knowledge and well-defined objectives. Importance of Procurement Project Management.

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Why you need a Project Manager for Effective Strategic Sourcing?

Sourcing Captain

As we have discussed in our previous blogs, strategic sourcing is the perfect and innovative way to reduce costs, achieve a faster time to market and improve the quality of the final product. Wikipedia defines strategic sourcing as,” the process of developing channels of supply at the lowest total cost, not just the lowest purchase price.

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Forward-looking Sourcing for 2024: Outsourcing, Location, and Pricing Strategies in APAC | Webinar

Everest Group

Live webinar Forward-looking Sourcing for 2024: Outsourcing, Location, and Pricing Strategies in APAC November 23, 2023 | 11 a.m. What are the top forward-looking strategies in APAC for outsourced services buyers for 2024? How should APAC-focused procurement leaders shape their contracting and negotiation strategies in 2024?