Everest Group

SEPTEMBER 18, 2024

Our deep expertise and tenacious research focused on software, technology, business processes, and engineering through the lenses of talent, sustainability, and sourcing delivers precise and action-oriented guidance. For more information, visit www.everestgrp.com.

Advisory 100

Advisory Research Strategic Sourcing Jobbing 100

Everest Group

SEPTEMBER 18, 2024

Our deep expertise and tenacious research focused on software, technology, business processes, and engineering through the lenses of talent, sustainability, and sourcing delivers precise and action-oriented guidance. For more information, visit www.everestgrp.com.

Service 100

Service Global Sourcing Advisory Advisory Research 100

Everest Group

OCTOBER 14, 2021

Often, IT category managers end up closely collaborating with their functional leads, and certain organizations centralize procurement departments in IT. Growth in IT spend from 2016-2022, including hardware, software, and services spend (2021 and 2022 spend values are estimates). Source: Statista (2021). other business units).

Sourcing 130

Sourcing Cybersecurity Right-Sizing Risk Management 130

Everest Group

MAY 27, 2022

Best-in-class organizations take far less time for the same activities in IT strategic sourcing initiatives, completing the process in nine to 10 weeks, according to our IT Sourcing Pinnacle Model Assessment. We will cover more on this topic in the coming months, so stay tuned for future blogs.

Outsourcing 130

Outsourcing Sourcing Strategic Sourcing Flexibility 130

Intugo

NOVEMBER 22, 2023

From maintaining office supplies to implementing software, managing facilities, or fully assembling products suppliers are vital to business success. Before even entering into contract negotiations, strategic sourcing and sourcing managers in Mexico must first find the best suppliers for their needs.

Strategic Sourcing 59

Strategic Sourcing Management Sourcing Collaborations 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 Collaborations Robotics Process Automation Flexibility 97

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. We will also look at how spend management software , like Planergy, can help keep track of expenses and control spending within budget limits. How Can Software Help You Manage Your Budget?

Finance 92

Finance Software Accounting Management 92

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. As more businesses become software businesses, a long-term development strategy that prioritizes continuous feedback and core organizational value is key to success.

Engineering 80

Engineering Manufacturing Collaborations Research 80

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. Engage stakeholders Identify and collaborate with internal departments, suppliers and all those who may be impacted by the plan.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

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. You can do it by negotiating favorable terms and promoting collaboration with cross-functional teams.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Obobo

JUNE 15, 2022

In many cases, companies believe they do not need a procurement software solution because they believe they are not large enough. By saving time and money, these software systems help companies be more efficient. Considering the number of projects companies work on on a daily basis, that represents a considerable number of hours.

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

Planergy Software

FEBRUARY 8, 2022

Strategic Sourcing Supplier Performance Supplier Relationship Management. Why is developing collaborative relationships with your most strategic suppliers crucial to your success? At PLANERGY, our software is designed to help you keep track of spending, budgeting, and purchasing. Download Free Copy. Written by.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

DECEMBER 25, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Limited Software As great as they are for many things, spreadsheets were the only thing finance teams had to track crucial financial data and performance over time.

Finance 52

Finance Software Automation Analytics 52

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 1, 2022

Join us for this collaborative and very personal conversation! How to Source Smartly in Times of Inflation. Join Coupa Software experts Ayush Sharma and Dr. Jeffery Collins on the challenges of sourcing in the current inflationary environment—and what's coming in 2023! Sourcing Industry Landscape Podcast.

Strategic Sourcing 40

Strategic Sourcing Sourcing Collaborations Sales 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

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. . S2P software offers many advantages. No credit card required.

Sourcing 52

Sourcing Accounting Software Automation 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. The post Supplier Consolidation: What It Is, Benefits, and Risks appeared first on PLANERGY Software. Download Free Copy.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Planergy Software

DECEMBER 29, 2022

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

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Inaccurate projections can lead to poor decision-making and resource allocation, ultimately undermining the effectiveness of the strategic budget. This involves other departments collaborating effectively with finance.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits. – Use predictive analytics to forecast future demand and price trends.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

OCTOBER 18, 2023

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These connections can lead to new partnerships, collaborations, and business opportunities that drive growth and innovation. What's Planergy? Book a Live Demo 2.

Finance 52

Finance Reduced Costs Management Risk Management 52

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. key Takeaway: Procurement savings are the cost reductions achieved by a company when purchasing goods and services through strategic sourcing. What is Procurement?

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Non-Essential Software Subscriptions Non-essential software subscriptions refer to tools and applications that are not crucial for the daily functioning of your business but may offer convenience or additional features.

Finance 52

Finance Insurance Software Management 52

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

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Ultimately, the strategic collaboration between Disney and Pixar resulted in a powerful synergy that strengthened both companies’ positions in the animation market and created memorable content for audiences globally.

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. appeared first on PLANERGY Software. Download Free Copy. Written by.

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. How Can Companies Measure Cost Savings?

Analytics 40

Analytics Reduced Costs Software Strategic Sourcing 40

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Use Software to Help You Track Your Progress. Use Software to Help You Track Your Progress. There are plenty of great software options out there that can help you manage your project budget more effectively.

Management 52

Management Out-Tasking Software Finance 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Staying aware of the latest software Innovations helps improve job performance and ensures that your supply chain runs like a well-oiled machine is always a good thing. Download Free Copy. Written by. Lyle Del Vecchio.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

APRIL 19, 2022

On the surface, aligning with operations makes sense, since procurement involves strategic sourcing of everything from the materials, and equipment needed to operate the business, to contract management. The post Why Finance Leaders Should Care About Procurement and Finance Alignment appeared first on PLANERGY Software.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Obobo

JANUARY 15, 2023

This can be accomplished through a variety of methods, such as negotiating better prices with suppliers, streamlining the procurement process, or using procurement software to automate repetitive tasks. There are a number of software solutions available that can help organizations with their procure-to-pay processes.

Reduced Costs 40

Reduced Costs Out-Tasking Strategic Sourcing Automation 40

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Collaboration and cooperation between these two teams are crucial. Visit our Purchase Order Software page to see how PLANERGY can digitize and automate your purchase order process saving you time and money.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This process also helps create transparency within the supply chain so that everyone involved knows what’s going on at all times, leading to better communication and collaboration between all parties involved. Related Posts.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For example, consider collaborating with value chain partners to reduce carbon emissions in the intensive areas of your supply chain. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Planergy Software

MARCH 24, 2022

Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. The post Supplier Management Best Practices appeared first on PLANERGY Software. You need to share information and priority as part of the agreement. Related Posts.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

JANUARY 19, 2024

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This cross-functional collaborative approach can lead to better project outcomes, increased stakeholder satisfaction, and stronger vendor relationships.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52