Analytics Risk Management Strategic Sourcing 
IBM Services
FEBRUARY 13, 2024
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.
Everest Group
AUGUST 13, 2024
The increasing complexity of global supply chains and the need for greater transparency and compliance have now made it essential for organizations to adopt advanced supplier risk management tools to mitigate threats. What are the current trends and challenges in supplier risk management? Who should attend?
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IBM Services
FEBRUARY 28, 2024
Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.
Sourcing Advisors Group
OCTOBER 27, 2020
The growing approved supplier base and decreasing supplier visibility will further deteriorate what is already a bleak performance of most Strategic Sourcing teams. In fact, most firms generate no Strategic Sourcing bottom-line results, as Vendor Spending is increasing as fast, or faster, than Revenue growth.
Planergy Software
SEPTEMBER 24, 2021
Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They need to understand emerging technologies such as artificial intelligence, data analytics, and robotic process automation.
IBM Services
DECEMBER 13, 2023
Additional goals might be risk management and mitigation, supplier relationship management and sustainability considerations. Procure-to-pay (P2P) software links procurement practices to accounts payable and can streamline steps such as supply management, purchase orders and invoicing.
Future of Sourcing
MAY 9, 2023
Inculcating Contingency Planning The first step in risk management during a crisis is having a strategy. Remember that market circumstance won't always be favorable when developing your sourcing and procurement plans and be sure to account for uncertainties.
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