Remove 2022 Remove Automation Remove Strategic Sourcing
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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This Month at SIG – December 2022

SIG Speaks

2022 State of Supplier Diversity Report. Download the 2022 State of Supplier Diversity Report today to help identify opportunities and challenges within your organization to drive integrated and scalable processes and take your program to the next level. Supply Chain Digital Transformation Guide 2022. take the survey. .

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This Month at SIG – July 2022

SIG Speaks

The second half of 2022 is continuing to force procurement leaders to navigate varying crises. Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers.

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Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend

Future of Sourcing

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required. Visit www.keelvar.com for more information.

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Predictive Analytics in Procurement For Actionable Insights

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. With automated processing, you can control spend and improve the bottom line. bid Ops is known as the first company to use artificial intelligence to completely automate supplier negotiations. Download Free Copy.

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Implementing Innovation

SIG Speaks

First, I will dive deeply into Artificial Intelligence in sourcing and procurement while discussing significant factors. Robotic Process Automation, Big Data, and Cognitive Computing are interictal components of Artificial Intelligence. In January 2022, I started with ATD as a Sourcing Administrator.

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This Month at SIG – October 2021

SIG Speaks

It’s hard to believe that we are making the final turn into 2022. Procurement leaders can come out of the pandemic stronger by leveraging next-gen tools such as analytics, artificial intelligence, and automation. It has been a wild year, with the Procurement function emerging to the forefront of the business from the pandemic.