article thumbnail

Why you need a Project Manager for Effective Strategic Sourcing?

Sourcing Captain

As we have discussed in our previous blogs, strategic sourcing is the perfect and innovative way to reduce costs, achieve a faster time to market and improve the quality of the final product. Moreover, it has been shown that 88 percent of organizations consider strategic sourcing as critical or major.

article thumbnail

How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO | Virtual Roundtable

Everest Group

Summary Mature banking, financial services, and insurance (BFSI) global business services (GBS) organizations are taking on advanced vendor management organization (VMO) roles, acquiring more responsibility in governing service provider delivery. How BFSI GBS Organizations are Taking a Leadership Role within the Enterprise VMO.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Dropping the L in Machine Learning…is Machine Earning on the Horizon?

Sarah Holliman

Fundamentally, blockchain allows consumers to transact directly with one another without the need for an intermediary, like a bank. In actuality it first has to clear your bank, which can take 3-5 business days, or up to 8 days if another country is involved. Opportunity. 12 questions about Bitcoin you were too embarrassed to ask.

Banking 130
article thumbnail

SIG|ORG Adds New Executives to Advisory Board

Future of Sourcing

This impressive Board begins their term at the SIG Procurement Technology Summit and are rounded out with existing Board members, including: Michael Van Keulen — Chief Procurement Officer at Coupa Purvee Kondal — Senior Director of Technology & Engineering Sourcing at Sephora Amy Fong — Vice President at Everest Group Achim Voermanek (..)

article thumbnail

Recap of CPO & Executive Virtual Series with Productiv

SIG Speaks

.; Dan Edwards, Procurement Director from Park National Bank; and Aashish Chandarana, Chief Information Officer of Productiv, shared valuable insights that shed light on the future of IT strategic sourcing, the significance of mentorship, and the latest SaaS trends in 2023.

article thumbnail

P-Cards: What Are Corporate Purchasing Cards and How Do They Work

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Depending on the bank you use, your cards may have the Visa or Mastercard logo. Your procurement cards can be tied to a bank account or a credit card. The bank you use will determine available offers.

Banking 52
article thumbnail

The Better Method

SIG Speaks

The hybrid procurement method combines a central procurement base with subject matter experts (SMEs) already in each department to balance stakeholders' functionalities and strategic sourcing, which gives the business the best of both worlds. . learn more. . I have a background in Interior Design and Retail.