Remove Banking Remove Collaborations Remove Strategic Sourcing
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Successful Governance in Procurement

SIG Speaks

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.

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The Art of Establishing Trust

SIG Speaks

On week eight (8) of my Certified Sourcing Professional (CSP) Program, I was introduced to the What’s In It For We mindset. The WIIFWe attitude represents a collaborative ideology, whereas all parties in a negotiation share risk and benefit. Trust has benefits in a sourcing environment. That, my friends, is trust.

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Best Practices for Supplier Management

Obobo

In addition to bank statements and tax records, look for independent documentation from suppliers. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. A successful supplier management program goes beyond strategic sourcing.

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Outsourcing: Challenges, Opportunities and Best Practices

SIG Speaks

There is a high chance that was answering services of any banking, insurance, technology, and an external organization handles many more. We will look into the nature of outsourcing projects in terms of relations management, the advantages/ disadvantages of outsourcing, and best practices for collaboration.

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Best Practices for Supplier Management

Obobo

In addition to bank statements and tax records, look for independent documentation from suppliers. Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. A successful supplier management program goes beyond strategic sourcing.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s also possible you’re motivated by pressure from investors and banks, seek to boost employee engagement, or wish to attract and retain better talent. How to gain visibility and control of your indirect spend.

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Supplier Management Best Practices

Planergy Software

As you verify vendors, look for independent documentation such as bank statements and tax records. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. This policy will also include the metrics you want to monitor.