IBM Services

JANUARY 31, 2024

The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services). It’s distinct from the procurement process.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Obobo

AUGUST 2, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Sourcing Advisors Group

OCTOBER 27, 2020

There is a brewing conflict in the world of Procurement – firms are aggressively pursuing Vendor Diversification while the same time, they are unable to manage most of their incumbent vendors, according to a recent Deloitte survey. Shortcuts Do Not Work. A surprise to no one, shortcuts will not resolve this challenge.

Risk Management 52

Risk Management Risk Management Efficiency Management 52

Everest Group

SEPTEMBER 18, 2024

The candidate must be able to analyze, write, participate actively in the sales cycle, consult, present in front of large and small audiences, work with senior executives, develop complex and compelling scenarios, and work with clients solving strategic outsourcing issues.

Service 100

Service Global Sourcing Advisory Advisory Research 100

Everest Group

SEPTEMBER 21, 2021

Manage multiple initiatives from business development to client delivery. Work closely with Everest Group’s sales team to help in the close and delivery of engagements on issues of strategic sourcing and operations. Global sourcing advisory firms. Global sourcing focused teams within management consulting firms.

Global Sourcing Advisory 100

Global Sourcing Advisory BPO Advisory Strategic Sourcing 100

SIG Speaks

NOVEMBER 30, 2023

SIG University Certified Intelligent Automation Professional (CIAP) program graduate Samantha Mackowiak shares a v ery thoughtful and comprehensive piece on a company's Intelligent Process Automation journey. Initially, enterprises must identify how they will intake and approve automation processes.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

SIG Speaks

DECEMBER 20, 2022

SIG University Certified Intelligent Automation Professional (CIAP) program graduate Bob Lutz shares how implementing intelligent process automatation can be beneficial to your business. Intelligent Process Automation does not take employees out of the loop. This is one of the best areas to introduce intelligent automation.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How To Create Savings With Better Spend Management In Procurement. Spend management refers to the process of collecting, maintaining, categorizing, and reviewing spend data in an effort to reduce procurement costs.

Management 52

Management Strategic Sourcing Accounting Software 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

Planergy Software

JANUARY 18, 2024

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

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Management Best Practices. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. But when managed poorly, it can add an extra layer of stress. Download Free Copy. Written by.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we will discuss some of the basics of travel and expense management and some best practices to make your life a little bit easier. What Is Travel and Expense Management?

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we will discuss services procurement, how it works, and how to manage it best. It involves procuring services from outside sources and managing the relationship with supplier or service provider.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

DECEMBER 28, 2021

SIG University Certified Sourcing Professional (CSP) program graduate Tom Conti shares the four crucial areas to turn your tactical RPA initiative into a strategic Intelligent Process Automation program. But what is Intelligent Process Automation (IPA)?

Automation 40

Automation Robotics Process Automation Sourcing Strategic Sourcing 40

Obobo

AUGUST 16, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll need to know the five Ws to track, monitor, and effectively handle expense management properly. This is important to understand what kind of expenses you should be aware of and manage.

Management 52

Management Accounting Finance Out-Tasking 52

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 were a liaison between the finance team (along with procurement) and upper management in the C-suite.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Managing a project budget is no small feat. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Software Finance 52

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. Easier to Mitigate Supply Risk Supplier risk management is crucial for any organization. Written by.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Obobo

MARCH 7, 2023

What Are The Benefits Of Using Purchase Management Software In Procurement? It’s time to switch over to purchase management software! In this blog post, we’ll explore the benefits of using purchase management software in procurement and how it can revolutionize your organization’s workflow.

Software 40

Software Management Reduced Costs Data Entry 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you have a small business or a large corporation, the basic steps and best practices for managing budgets are the same. How to report and analyze indirect spend to identify savings opportunities.

Finance 92

Finance Software Accounting Management 92

IBM Services

DECEMBER 13, 2023

By assessing and proactively managing risks inherent in the supply chain , organizations can shield themselves from disruptions and strengthen the resilience of their operations. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk. Some may not agree with the proposed changes.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

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. Stronger Supplier Relationships with Fewer to Manage. Need for More Stringent Vendor Management Processes.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Future of Sourcing

MAY 11, 2023

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.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

Planergy Software

MARCH 29, 2022

How better management in AP can give you better flexibility for cash flow management. AP manages critical financial data that can provide valuable insights for discovering potential savings. How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s an important part of any organization’s financial management, as it helps identify wasteful spending and uncover potential savings. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Planergy Software

APRIL 7, 2022

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. Predictive procurement, also known as predictive sourcing, is more than the latest trend in procurement. Download Free Copy.

Analytics 52

Analytics Strategic Sourcing Robotics Process Automation Out-Tasking 52

SIG Speaks

DECEMBER 13, 2022

As technology continues to expand in businesses, companies will replace human operational tasks with more automation. ProcureAbility predicts that by 2030, strategic sourcing will take no longer than two weeks, thanks to cognitive computing. Now on to Cognitive Computing. On to Hyper Cybersecurity.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Research 40

Obobo

DECEMBER 17, 2021

Such costs can accumulate, especially if they are not properly managed. In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. This task is challenging, but not impossible. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Best Practices & Tips Category Management Procurement. Managing the challenges with best practices, including using procurement software for the marketing spend category helps simplify your process.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

Obobo

JULY 1, 2022

Technologies available today could automate more than half of the source-to-pay process. Lower procurement costs, greater savings, and more opportunities to pursue new sources of value. What Is The Source to Pay Process? Source to pay process: 1. Sourcing 3. Contract Management (including negotiation) 6.

Sourcing 52

Sourcing Software Accounting Automation 52

SIG Speaks

OCTOBER 12, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Lauren Redden shares an excellent essay on the power of AI to transform the smart sourcing industry, in balance with the potential risks that companies must evaluate in employing more intelligent automation into their processes.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

Future of Sourcing

JULY 28, 2023

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

Facilities Management 52

Facilities Management Robotics Process Automation Retail Strategic Sourcing 52

SIG Speaks

DECEMBER 1, 2022

Sourcing Industry Landscape Podcast. Speaking with a Supernova, featuring Michael Koontz, VP Strategic Sourcing & Business Leader for ATD Sourcing Solutions. He holds a Bachelor of Science degree in Entrepreneurship and a minor in Sociology from The Florida State University in Tallahassee, Florida.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Sales 40

Obobo

MARCH 23, 2023

However, managing procurement can be costly, and costs can add up quickly. Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Leverage technology solutions to automate procurement procedures , improve compliance, and reduce costs.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

FEBRUARY 8, 2022

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. It is one of the core pieces of a supplier relationship management (SRM) program. Use PLANERGY to manage purchasing and accounts payable.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52