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. It can work for basic things like office supplies you don’t often need. Download Free Copy. Written by. 14 min read.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

SIG Speaks

JULY 1, 2022

Based on experience, I would not be off base in suggesting that this same theme applies to the subject of supply chain resiliency. In other words, in the world of procurement and strategic sourcing, the importance of resilient supply chains has been a point of discussion for some time. learn more. .

Supply Chain Management 40

Supply Chain Management Strategic Sourcing Engineering Sourcing 40

Obobo

AUGUST 2, 2022

Besides performance expectations, they also detail data breach management, compliance requirements and penalties if compliance is not met. 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.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

SIG Speaks

MARCH 30, 2023

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.

Co-Sourcing 40

Co-Sourcing Supply Chain Management Sourcing Banking 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Doing Business Once you’ve started working with a vendor, having a clear statement of work and adequate contract management is key. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Obobo

AUGUST 16, 2022

Besides performance expectations, they also detail data breach management, compliance requirements and penalties if compliance is not met. 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.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Sourcing Automation 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It allows companies to develop relationships with key suppliers who provide the best value for money and services, allowing for easier supply chain management and lower supply chain risk.

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. ESG In Supply Chain: Creating a Sustainable Value Chain. For example, consider collaborating with value chain partners to reduce carbon emissions in the intensive areas of your supply chain.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Planergy Software

MARCH 24, 2022

They also include performance expectations, data breach management details, compliance requirements, and corresponding penalties for failure to operate within those confines. Your contract should also include information-sharing expectations so that you can effectively work collaboratively with your vendors. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! How to gain visibility and control of your indirect spend. What is Vendor Analysis?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52