Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Marketing Procurement: Challenges and Best Practices. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Download Free Copy. Written by. Rob Biedron.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

Everest Group

OCTOBER 14, 2021

Organizations are being driven to rapidly undertake digital transformation by recent market trends such as migration to cloud services, servitization, and cybersecurity measures becoming the new norm. IT spend is spearheading the growth of an organization, with IT spending worldwide expected to reach about US$4.2 trillion in 2021, an 8.6%

Sourcing 130

Sourcing Cybersecurity Right-Sizing Risk Management 130

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. By controlling costs, you can make adjustments to ensure your product is more cost-competitive in the market.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

SourcX

OCTOBER 12, 2020

Increasing numbers of executives see the writing on the wall, and can no longer ignore the fact that sourcing in low cost countries can reduce labor costs and give them access to robust manufacturing facilities. What is Strategic Sourcing? Next, leadership must assess the market of suppliers.

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These insights are essential for making strategic decisions, such as expanding into new markets, launching new products, or acquiring other businesses. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Planergy Software

SEPTEMBER 24, 2021

The COVID-19 pandemic has been both vilified as a killer of traditional business paradigms and praised as an unlooked-for blessing for businesses swift, innovative, and lucky enough to adapt to rapidly shifting market conditions. Digital transformation technologies grant finance leaders and their teams hitherto-unimaginable capabilities.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

IBM Services

DECEMBER 13, 2023

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. The strategy should be flexible enough to adapt to changing market conditions and organizational needs.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

SIG Speaks

NOVEMBER 28, 2022

Once we have an agreement with suppliers to adjust payment terms, payment dates, or payment amounts, I’ve been working with my spend management and accounts payable teams to memorialize the new terms. My strategic sourcing team is providing great value right now to my company. learn more. .

Sourcing 40

Sourcing Strategic Sourcing Supply Chain Management Software 40

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. This can lead to longer lead times and increased costs, making it difficult for them to remain competitive in the market.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

NoonDalton

NOVEMBER 8, 2023

Companies and economies are increasingly held accountable by consumers and stakeholders who demand transparency and responsibility. Transparency and Accountability: Companies engage in open communication about their outsourcing practices and are accountable for their partners’ adherence to ethical standards.

Outsourcing 52

Outsourcing Accounting Regulations Strategic Sourcing 52

SIG Speaks

DECEMBER 20, 2022

By automating data capture (from invoices, for example), processes can be built to route the invoices to the appropriate person(s) and automatically code the invoice for correct accounting. Intelligent automation benefits span the entire Source-to-Pay process.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Obobo

JULY 1, 2022

Source to pay process: 1. Sourcing 3. Accounts Payable (invoice & PO processing) 9. In order to implement such a sourcing strategy , companies can use software platforms that can handle historical spending data, market trends, and business objectives. Can Source To Pay (S2P) Help Accounts Payable (AP)?

Sourcing 52

Sourcing Accounting Software Automation 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. Marketing procurement is a common case where services procurement is required.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

JUNE 14, 2022

The hybrid procurement method combines a central procurement base with subject matter experts (SMEs) already in each department to balance stakeholders' functionalities and strategic sourcing, which gives the business the best of both worlds. . The Four-Space Grid. It is a win-win for everyone. learn more. .

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

SIG Speaks

APRIL 29, 2022

Rather than just a generalized or conceptual discussion on ESG, these individuals delivered personal and detailed accounts regarding the successful transformation of their supply chains to align with social imperatives and financial objectives. Director Strategic Sourcing (Yahoo Inc) for being on our panel. Bottling ESG Success.

Strategic Sourcing 40

Strategic Sourcing Manufacturing Sourcing Government 40

Planergy Software

FEBRUARY 8, 2022

Strategic Sourcing Supplier Performance Supplier Relationship Management. This means focusing your attention and effort on the top 80% of the spend which usually accounts for 20% of your supplier database. Your company’s fortune can fluctuate year-over-year, and new suppliers hit the market all the time. Written by.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Different Types of Budgeting Methods There are various different types of budgets and budgeting models in accounting. Such initiatives may include marketing campaigns, research and development projects, or hiring new talent.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Future of Sourcing

MAY 9, 2023

A recent study by Mckinsey shows that in addition to regaining profitability and finding methods to conserve cash, businesses must also struggle with shifting dynamics in the supply market, evolving workplace practices, variable demand, and de-risking their supply chains to make them less susceptible to disruption.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Planergy Software

APRIL 7, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Every procurement team tries to stay ahead of the market. It can take into account various elements such as quality of goods and services, cough, and the rate of on-time delivery. Download Free Copy. Written by.

Analytics 52

Analytics Strategic Sourcing Robotics Process Automation Out-Tasking 52

SIG Speaks

OCTOBER 12, 2023

An article by Forbes titled “Smart Sourcing: AI Can Amplify CPO-Led Human Intelligence” noted the idea of ‘Smart Sourcing’ which starts with tackling a huge volume of relevant data associated with every individual purchase. She specializes in category management, strategic sourcing and procurement policies and procedures.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

OCTOBER 19, 2023

Through these presentations, procurement professionals can articulate their understanding of the business landscape, market dynamics, and potential risks and opportunities. Executive presentations are a valuable platform to highlight the outcomes of strategic sourcing initiatives and cost-saving measures.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

SEPTEMBER 28, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Sophie McNally shares how there is no one size fits all approach when it comes to ESG and that each company has to take a deep dive into what will ultimately work best for them.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Finance 40

Obobo

AUGUST 2, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. In addition to data you capture and measure objectively, these KPIs should also take into account contextual factors and qualitative observations. A successful supplier management program goes beyond strategic sourcing.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Single-source procurement can save time and money while ensuring accountability and quality of service. References from past clients can be a valuable source of information when selecting a vendor.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

The Hackett Group

AUGUST 10, 2021

This year’s winners were: Alcon for Plan-to-Results (Data Analytics); Bosch for Purchase-to-Pay; Citibank for Account-to-Report; Mondel?z z International for Order-to-Cash; Reckitt for IT Opportunity-to-Deployment; Vodafone Procurement Company for Source-to-Purchase; and Wipro Limited for Hire-to-Retire.

Research 52

Research Analytics Sales Finance 52

SIG Speaks

DECEMBER 6, 2022

Governance is essential as it determines the value that Procurement can provide to the business, whether saving money, avoiding risks, or achieving broader business objectives such as innovation or time-to-market improvements. Critical to any department’s success is balancing real-world challenges with your Governance program. .

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

OCTOBER 26, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What's Planergy? Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing.

Inventory Management 52

Inventory Management Sales Manufacturing Finance 52

Planergy Software

DECEMBER 25, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Often accounting ratios and formulas are used to measure performance of finance KPIs over time. What's Planergy?

Finance 52

Finance Software Automation Analytics 52

Planergy Software

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. DAM systems manage your creative assets, including product images, marketing creatives, and more. What's Planergy? Download PDF What’s your goal today?

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

MARCH 24, 2022

Consider risk factors, how diverse your requirements are, and how Dynamic your Market is. Use PLANERGY to manage purchasing and accounts payable. Download our guide “Preparing Your AP Department For The Future” Download a free copy of our guide to future proofing your accounts payable department. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This approach allows businesses to grow their market power, diversify their product offerings, and achieve economies of scale. How to gain visibility and control of your indirect spend.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Use PLANERGY to manage purchasing and accounts payable. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using ABC Analysis: Class A: These purchases account for 80% of your total cost of purchases for 20% of suppliers. Class B: These purchases account for 15% of the total cost of purchases for 30% of suppliers.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Obobo

AUGUST 16, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. In addition to data you capture and measure objectively, these KPIs should also take into account contextual factors and qualitative observations. A successful supplier management program goes beyond strategic sourcing.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves things like keeping track of customer feedback and current market trends. The strategic level addresses the big picture and general decisions. Use PLANERGY to manage purchasing and accounts payable.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Duplicate and irrelevant data needs to be removed or otherwise accounted for. Data mining can be used to identify customer trends, predict future behavior, and improve marketing strategies. Market Insights.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. What to Do About It Establish an emergency fund to account for changes in exchange rates and cost overruns. Ultimately, this weakened the British pound’s value and created market volatility.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52