IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

Blue Ocean

MARCH 14, 2024

What does it really look like to source a strategic partnership with an outsourced customer care provider? We sat down with Director of Strategic Sourcing and Logistics at St. Michael’s Hospital in Toronto, Ontario, Peter Longo, to talk about, well, his title says it all: strategic sourcing.

Sourcing 59

Sourcing Contact Center Outsourcing Strategic Sourcing Outsourcing 59

Future of Sourcing

MAY 9, 2023

Conducting Sourcing During a Crisis Following strategies are adopted by best-in-class procurement teams that help them navigate through the uncertainties faced during a calamity: 1. Investing in Collaborative Sourcing Every procurement expert stresses the importance of collaboration.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

Blue Ocean

MARCH 14, 2024

What does it really look like to source a strategic partnership with an outsourced customer care provider? We sat down with Director of Strategic Sourcing and Logistics at St. Michael’s Hospital in Toronto, Ontario, Peter Longo, to talk about, well, his title says it all: strategic sourcing.

Sourcing 52

Sourcing Contact Center Outsourcing Strategic Sourcing Outsourcing 52

SIG Speaks

DECEMBER 13, 2022

ProcureAbility predicts that by 2030, strategic sourcing will take no longer than two weeks, thanks to cognitive computing. There is expected to be more collaboration with cybersecurity firms during and following an RFx. Also, they predict that over 90% of sourcing will be done by either contractors or automation.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Research 40

SIG Speaks

AUGUST 31, 2023

This essay will explore aspects such as supplier collaboration, transparency, risk, technological adoption, and sustainability. One key factor to explore when assessing a business model for Procurement is the level of collaboration between suppliers and the organization. Collaboration is a critical aspect of supplier relations.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

SIG Speaks

OCTOBER 12, 2023

AI-powered technologies are set to revolutionize the reporting aspect of procurement and sourcing. With automated analytics and data processing capabilities, businesses can obtain valuable insights from large volumes of data. She specializes in category management, strategic sourcing and procurement policies and procedures.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

APRIL 14, 2022

The paper then goes on to say that “the teams that should collaborate most directly are those focused on strategic sourcing and procure-to-pay.” The author then adds that "a successful source-to-settle workflow must look at the entire ecosystem that connects sourcing and procurement to accounts payable and treasury.".

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits. – Use predictive analytics to forecast future demand and price trends.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SIG Speaks

JULY 1, 2022

In other words, in the world of procurement and strategic sourcing, the importance of resilient supply chains has been a point of discussion for some time. In conjunction with Coupa, the Sourcing Industry Group (SIG) conducted a seminal survey to gain critical insight into the unprecedented events impacting our supply chains.

Supply Chain Management 40

Supply Chain Management Strategic Sourcing Engineering Sourcing 40

SIG Speaks

DECEMBER 6, 2022

The Procurement Team must collaborate with the Legal Team and the Accounts Payable Team more than ever to make sure everything is set up correctly both in the supplier setup module and in the contract module to ensure that government requirements are correct on the supplier setup.

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Using the best business budgeting software and procure-to-pay software with powerful reporting and analytics functionality, like Planergy, gives FP&A the tools they need to give actionable insights.

Finance 52

Finance Software Automation Analytics 52

SIG Speaks

MAY 10, 2022

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations. learn more. . the world leader in commercial real estate information.

Management 40

Management Third Party Contracting Strategic Sourcing Human Resources 40

Obobo

MARCH 30, 2023

Procurement cost savings refer to the savings achieved through strategic sourcing , negotiation, and reducing excess spending in procurement. The ability to collaborate and communicate regularly with suppliers can lead to better relationships, efficiencies, and increased innovation. How Can Companies Measure Cost Savings?

Analytics 40

Analytics Reduced Costs Software Strategic Sourcing 40

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These expenses can help build relationships, foster collaboration, and expand your business network. Create standard reports, schedule them, and use spend analytics software to gain better insights.

Finance 52

Finance Insurance Software Management 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies are also building upon evolving practices that they’re already using with data and analytics. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

SIG Speaks

OCTOBER 26, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook. Supplier Performance Management (SPM): The course (a reference to lesson 2.4)

Management 40

Management Strategic Sourcing Facilities Management Sourcing 40

Everest Group

SEPTEMBER 21, 2021

The candidate must be able to analyse, write, participate actively in the sales cycle with our commercial teams and present in front of large and small audiences, work with senior executives, develop research agendas, and work with clients solving strategic issues around technology sourcing. Key responsibilities. Required skills.

Global Sourcing Advisory 100

Global Sourcing Advisory Research Advisory Strategic Sourcing 100

Planergy Software

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Did students perform better after a collaborative project? This type of data emphasizes the importance of collaboration between schools and their wider community.

Management 52

Management Administrative Facilities Management Payroll 52

Planergy Software

DECEMBER 16, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Collaborate with Data Scientists and Financial Experts: Collaboration between risk managers, data scientists, compliance analysts, and other stakeholders is essential to ensure the implementation aligns with business objectives.

Finance 52

Finance Automation Management Reduced Costs 52

Planergy Software

MARCH 20, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They strive to improve education outcomes through collaboration, resource sharing like GAG pooling , and expertise pooling to create economies of scale. Community collaborations also provide significant gains.

Co-Sourcing 52

Co-Sourcing Reduced Overhead Finance Right-Sizing 52