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The Importance of Selecting the Right Sourcing Business Model

SIG Speaks

Equally important, we can better mitigate risks and work more effectively by providing the right amount of effort to manage and build a collaborative relationship with its key suppliers. Not all suppliers should be managed the same way: each supplier requires a “right-sized” level of governance! Finance governs the function.

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Business process management (BPM) examples

IBM Services

And while enterprise resource planning (ERP) integrates and manages all aspects of a business, BPM focuses on its individual functions—optimizing the organization’s existing, repeatable processes end-to-end. Document-centric BPM is for efficiently managing documents and content—such as contracts—within processes.