Remove 2017 Remove Efficiency Remove Strategic Sourcing
article thumbnail

Five Factors Transforming the Life Sciences Supply Chain and Creating IT Opportunities | Blog

Everest Group

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.

article thumbnail

Diverse Revenue Streams for Schools: Boost Financial Sustainability

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can maximize grants by focusing on financing specific projects, like STEM programs, teacher training, or energy-efficient building upgrades. How to gain visibility and control of your indirect spend. million over 5 years.

Finance 52
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Why Smart Tech Is Key to the Evolving Role of Procurement Leaders

SIG Speaks

Procurement leaders have emerged from the pandemic stronger and smarter thanks to the recent development of next-gen tools such as AI and automation to support strategic goals and build resilient organizations. The heart of procurement sits at the intersection of efficiencies and people.

article thumbnail

Driving Automation and Change in Enterprises

SIG Speaks

This will allow organizations to become more agile, provide employees with more efficient ways of managing workload, and encourage additional innovation as companies grow. The Certified Intelligent Automation Professional program is a six-week course delivered through SIG University’s unique education platform.

article thumbnail

Start Off on the Right Foot with Supplier Management

SIG Speaks

By clearly defining the issue severity level and escalation path, sourcing professionals can help reduce noise and drive efficient resolution. Before joining the Procurement world in 2017, Kate held roles. Engage senior executives from both parties for severe issues and handle low-severity issues through regular checkpoints.

article thumbnail

Turning Data Into Actionable Insights

Planergy Software

In 2017, The Economist published a story titled, “The world’s most valuable resource is no longer oil, but data.” Translate information into insights The final step is to derive the required information to make better strategic decisions and generate more value from data.

article thumbnail

Horizontal vs. Vertical Integration: A Comprehensive Guide

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.