SIG Speaks

MAY 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jon Cody Hildebrand discusses the principles and key ways of managing different stakeholders. There needs to be more debate among sourcing professionals in large organizations regarding the importance of achieving real buy-in from stakeholders.

Management 40

Management Supply Chain Management Strategic Sourcing Sourcing 40

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The Benefits of Localized Supply Chain. Sourcing Supply Chain Management. Resilient supply chains implement capacity and inventory buffers. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

SIG Speaks

SEPTEMBER 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Heather Frazer discusses how TCO is a great tool that will help capture the entire potential for cost savings and risk and how it is increasingly important for procurement organizations to secure reliable data. The cost model can be used for various purposes in my role.

Supply Chain Management 40

Supply Chain Management Sourcing Strategic Sourcing Risk Management 40

Planergy Software

MAY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Strategic Procurement Can Give You a Competitive Advantage. Procurement Strategic Sourcing. Easier to Mitigate Supply Risk Supplier risk management is crucial for any organization.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

SIG Speaks

JUNE 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Brynn Wheeler describes how to manage stakeholders for RFX by fostering a trusting atmosphere and inspiring participation.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

MARCH 30, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Krollus Asaad shares how important it is to find trust in your procurement team and your business. On week eight (8) of my Certified Sourcing Professional (CSP) Program, I was introduced to the What’s In It For We mindset. That, my friends, is trust.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

SIG Speaks

JULY 1, 2022

Based on experience, I would not be off base in suggesting that this same theme applies to the subject of supply chain resiliency. In other words, in the world of procurement and strategic sourcing, the importance of resilient supply chains has been a point of discussion for some time.

Supply Chain Management 40

Supply Chain Management Strategic Sourcing Engineering Sourcing 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Written by.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

SIG Speaks

NOVEMBER 15, 2022

The word 'similar' is essential because there might be an exemption for some suppliers that are not fully aligned or integrated with the client regarding goals, strategic objectives, and approaches to the business. Assessing the relationship fit between suppliers and clients is so important. Learn More. .

Pharmaceuticals 40

Pharmaceuticals Supply Chain Management Government Strategic Sourcing 40

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Pareto Spend Analysis is an incredibly useful tool for optimizing supply chain management processes, reducing costs, and improving overall efficiency. How to Conduct Your Own Analysis?

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! How to report and analyze indirect spend to identify savings opportunities.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It allows companies to develop relationships with key suppliers who provide the best value for money and services, allowing for easier supply chain management and lower supply chain risk.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Obobo

AUGUST 2, 2022

A successful supplier management program goes beyond strategic sourcing. As part of it, you must also manage risk, supplier relationship management (SRM), and contracts. It is imperative to manage your supplier performance in order to build successful and long-term supplier relationships.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

IBM Services

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. Near-sourcing can also reduce risk.

Sourcing 102

Sourcing Strategic Sourcing Supply Chain Management Outsourcing 102

Obobo

AUGUST 16, 2022

A successful supplier management program goes beyond strategic sourcing. As part of it, you must also manage risk, supplier relationship management (SRM), and contracts. It is imperative to manage your supplier performance in order to build successful and long-term supplier relationships.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

MARCH 24, 2022

It also involves risk management, supplier relationship management (SRM), and contract management. Monitor and Assess Supplier Performance To build successful and long-term supplier relationships, you must manage your vendor performance. Use PLANERGY to manage purchasing and accounts payable. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supply Chain Decisions: Skills and Best Practices. Process & Procedures Sourcing Supply Chain Management. The strategic level addresses the big picture and general decisions.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. How to gain visibility and control of your indirect spend. What is Services Procurement?

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

NOVEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Strategic Sourcing Supplier Relationship Management. It can work for basic things like office supplies you don’t often need. Download Free Copy. Written by. 14 min read.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

FEBRUARY 8, 2022

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. Segmenting your suppliers can also help you identify your level of risk for instance if you have a single source of supply for your product or service.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52