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3 Ways Sourcing Professionals Can Proactively Address Risk

Sarah Holliman

With so many avenues for entry, managing risk has become everyone’s job , and the sourcing organization is front and center as their direct relationship with third parties increasingly puts them in the driver’s seat. Data breaches provide a good example. And many make headline news. Consistency.

Sourcing 100
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5 Biggest Cyber-Attacks & How Much Did It Cost Companies?

31 West

Verizon dug into Yahoo’s records during due diligence for the acquisition in 2014 and discovered the data breach. For instance, one of their clients, Dallas company, was providing email services to other 2500 companies. Phishing emails targeted 100 service providers. Yahoo - The most records stolen. Best buy co.,

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How To Improve Profitability by Managing Third-Party Spend

Obobo

It is estimated that 70% of a company’s revenue is spent with third parties, and that effective management of third party spend can result in savings of between 7 and 12%, improving the bottom line (Strategic cost reduction through procurement – PwC, 2014). As an example: Company A has annual turnover of £2.1

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How To Manage Third-Party Supplier Spend And Increase Profitability

Obobo

The average company spends 70% of its revenue on third-party suppliers and effective management of third-party spend can on average release savings of 7-14% and have a direct impact on the bottom line ( Strategic cost reduction through Procurement – PwC, 2014 ). As an example: A company’s annual turnover is £2.1

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IAOP Names SEBPO to The Global Outsourcing 100® List for the Ninth Year in a Row

SEBPO

The 2023 IAOP GO100 recognizes the world’s best service providers and advisors from industries including business process outsourcing, real estate and capital asset management, manufacturing and logistics, facility services, and information technology. For us, the work is personal.

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New Survey Shows the Next Generation Embraces Remote Work for Transition from University to Career in UK

Velocity Global

Rep Data sourced multiple suppliers to ensure a representative sample, each supplier possessing its own unique recruitment model and incentive structure, which increased sample source diversity and quality. Velocity Global was named a “Leader” in Global Employer of Record services by prominent analyst firm NelsonHall.

Jobbing 78
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The Art of Establishing Trust

SIG Speaks

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.