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How Strategic Procurement Can Give You a Competitive Advantage

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Procurement Strategic Sourcing. With an effective and efficient procurement process, you can quickly deliver cannibal cost Improvement while enhancing supply chain agility. Download Free Copy. Written by.

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Your Guide to Business Process Automation (BPA)

Metasource

Implementing technology to streamline corporate operations is becoming increasingly popular. Many organizations have quickly joined the automation revolution to boost productivity, enhance customer service, reduce costs, and enable remote work. Here are a few common use cases: Accounts Payable. Reduce costs.

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Common Challenges of Manufacturing in Mexico & How to Avoid Them

Ivemsa

and other foreign companies continue to benefit from the competitive advantages this strategy has to offer, which include open trade agreements, access to a skilled workforce, and lower operational costs. However, operating in any foreign country comes with its own set of challenges. Sources: [link]. It’s clear U.S.

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Tail Spend Analysis: What Is It, How To Perform It, and the Benefits

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Introduction To Tail Spend Analysis Tail spend analysis examines a company’s spending patterns and identifies opportunities to reduce costs and improve efficiency. This can make it difficult to track and manage.

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7 Industries That Need To Outsource Customer Services in 2021

Magellan Solutions

Challenges such as school closures owing to the COVID-19 issue to lower government financing to higher operational costs affects their stability. In fact, a whopping 80% of companies are open to outsourcing new services provided it helps them reduce costs. Accounting Services. Finance and Accounting.

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10 Examples of Bad Outsourcing and How to Avoid Them

Magellan Solutions

Due to the numerous advantages outsourcing has to offer, including reduced costs and access to a larger talent pool, an increasing number of companies are outsourcing their software development needs to outsourcing companies. Source: Magellan Solutions. When choosing a vendor, take into account logistics and time zone issues.

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The Hackett Group Announces 2021 Digital Award Winners

The Hackett Group

This year’s winners are: 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.