Everest Group

JULY 18, 2023

How do organizations enable effective collaboration between category managers, suppliers, and business stakeholders? What are the factors that impact procurement and category management organizational structures? How is resource management conducted in best-in-class procurement organizations? Who should attend?

Management 59

Management Strategic Sourcing Outsourcing Government 59

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. Taking a collaborative approach to supplier relationship management can help improve cash flow.

Finance 97

Finance Robotics Process Automation Collaborations Flexibility 97

IBM Services

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. During this phase, cross-collaborative efforts should focus on ideation and iteration. Why is a strong product development strategy important?

Engineering 80

Engineering Manufacturing Collaborations Research 80

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

Future of Sourcing

MARCH 21, 2023

Now as uncertainty is once again upon us, strategic sourcing teams and suppliers are on opposite sides, it has eroded the concept of having suppliers as your true “partners” and rendered the sourcing function as a more tactical operation. Share your strategy.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

Obobo

JUNE 15, 2022

By saving time and money, these software systems help companies be more efficient. How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? What is RFI (Request For Information)?

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

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. As these suppliers lose their autonomy, they may also experience a decrease in efficiency and productivity. Increase efficiency?

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

SIG Speaks

AUGUST 31, 2023

This essential function is a part of every business, and a company must develop sound business models that ensure the process is efficient and effective. Several factors determine whether a business model is efficient and effective. Collaboration is a critical aspect of supplier relations.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

SIG Speaks

OCTOBER 12, 2023

The rapid advancements in AI have notably impacted various business functions, including procurement and sourcing. Businesses and organizations continue to strive to enhance efficiency, reduce costs, and gain a competitive edge, and AI technologies have begun to revolutionize the procurement landscape.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

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

SIG Speaks

DECEMBER 13, 2022

As Conrad noted, future procurement organizations will be a smaller, more desegregated and more efficient teams. 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

SIG Speaks

NOVEMBER 30, 2023

Utilizing the same documents and tools through the enterprise that are easily modified to new and emerging automation projects, regardless of business unit, will encourage greater collaboration, acceptance, and overall adoption. Visit our website to learn more about intelligent process automation and enroll for the upcoming semester.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

SIG Speaks

DECEMBER 21, 2023

Since the negotiation and contracting phases are just the beginning of the relationship, significant value can be driven by incorporating a governance framework into the contracting phase and instilling a collaborative relationship early on. Before joining the Procurement world in 2017, Kate held roles.

Management 40

Management Strategic Sourcing Government 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. Centralize purchasing to drive efficiency, streamline purchasing procedures, and minimize silos. Procurement teams can also use technology to manage purchasing more efficiently.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

JULY 1, 2022

An S2P is a sourcing and procurement process in which suppliers are sought out, negotiated with, signed up for, and eventually paid for their products or services. S2P software enables individuals and organizations to create a more efficient procurement process. . The post What Is Source-To-Pay (S2P)? The potential?

Sourcing 52

Sourcing Accounting Software Automation 52

SIG Speaks

APRIL 14, 2022

The above reflects the findings from a recent Ardent Partners paper , which suggests that today's efficient world-class supply management practice should involve "multiple internal and external stakeholders.". Of course, recognizing the need to collaborate is not enough.

Finance 40

Finance Co-Sourcing Sourcing Strategic Sourcing 40

SIG Speaks

JULY 1, 2022

Join us for this collaborative and very personal conversation! Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. register now. . .

Strategic Sourcing 40

Strategic Sourcing Sourcing Research Collaborations 40

SIG Speaks

OCTOBER 19, 2023

By presenting clearly and concisely, procurement professionals can foster transparency and accountability, enabling executives to make informed decisions based on a thorough understanding of the procurement function's contributions. One of the primary objectives of procurement is to achieve cost savings while maintaining quality and efficiency.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

JULY 14, 2023

The idea is that tactical items require a lower management level, while strategic activities are meant to build collaborations and drive constant improvement and value across the category. The business can realize efficiencies in every aspect of goods and service deliverables using a data-driven and tactical approach.

Management 40

Management Strategic Sourcing Sourcing Design 40

Obobo

MARCH 21, 2023

Procurement savings refer to the cost reductions that are achieved by a company when it purchases goods and services through a strategic sourcing process. By adopting best practices such as spend analysis, supplier management, and e-procurement , companies can save money and increase efficiency.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Obobo

AUGUST 2, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. As part of the agreement, you must share information and priorities.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, marketing procurement can help organizations improve the efficiency and effectiveness of their marketing efforts, but it’s about more than sourcing strategies and agency relationships. Download Free Copy.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

SIG Speaks

MARCH 28, 2022

Michael is the VP Strategic Sourcing & Business Leader for ATD Sourcing Solutions, whose unique approach to battling inflation we will discuss in a follow-up post. Recognizing that suppliers are an integral part of what we do, we need to create new efficiencies leveraging our suppliers’ labor force to deliver services.

Strategic Sourcing 40

Strategic Sourcing Sourcing Outsourcing Collaborations 40

Planergy Software

DECEMBER 25, 2023

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. No more tedious data collection and processing – just pure, high-quality insights and strategic recommendations.

Finance 52

Finance Software Automation Analytics 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This method encourages efficiency and reduces unnecessary spending by forcing organizations to evaluate each expenditure and its contribution to its goals carefully. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

OCTOBER 18, 2023

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. Efficiency Streamlining the travel booking process saves time and resources for both employees and the company.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Quickly and efficiently making cost-effective decisions on future projects.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

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.

Analytics 40

Analytics Reduced Costs Strategic Sourcing Software 40

SIG Speaks

MARCH 30, 2023

The WIIFWe attitude represents a collaborative ideology, whereas all parties in a negotiation share risk and benefit. Trust has benefits in a sourcing environment. It simplifies the processes of procuring goods/services, improves overall efficiency, engagement, and productivity, and leads to increased profit.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

Obobo

JANUARY 15, 2023

It’s a question that has been asked by many businesses looking to make the most efficient use of their resources and maximize their profits. This can be done by automating routine tasks, eliminating unnecessary steps, and improving communication and collaboration between Procurement and other departments within the organization.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you work with a small business or enterprise-level partner, strategic sourcing is key because you want to keep stakeholders happy. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Obobo

AUGUST 16, 2022

Ensure that your contract includes information-sharing expectations so that you and your suppliers can work collaboratively. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. As part of the agreement, you must share information and priorities.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

JANUARY 19, 2024

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. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strategic The strategic level is the top level of supply chain management. It’s not just efficient and effective decision-making that matters. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Accounting 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can manage suppliers by breaking them down into different tiers more efficiently. Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. Tier 1 Suppliers.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52