Obobo

AUGUST 2, 2022

You should write down your supplier management policy as a document. As part of the supplier management policy document, you should outline the ideal number of suppliers according to the categories you have defined. There should also be a description of the supplier review and selection process included in the document.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

SIG Speaks

NOVEMBER 30, 2023

Creating a standard IPA process document for kicking off an IPA project is an easy and measurable way to assess organizational impact and prioritize project pipelines. Well-organized journeys ensure that approved development standards are being followed, naming conventions are consistent, and standard documentation is being utilized.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Knowing when to use which document for what purpose can dramatically improve your procurement process. Use this document when you have an idea of what you want, but require more information from suppliers. Written by.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 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. . Before making payments, the related documents must be verified.

Sourcing 52

Sourcing Software Accounting Automation 52

Obobo

AUGUST 16, 2022

You should write down your supplier management policy as a document. As part of the supplier management policy document, you should outline the ideal number of suppliers according to the categories you have defined. There should also be a description of the supplier review and selection process included in the document.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we’ll cover what tail spend analysis is, its benefits, how to develop a plan for it, how to analyze data and trends, and how to best leverage tail spend analysis to improve efficiency.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. P-cards are an efficient way of managing small and routine purchases without the need for paperwork and lengthy purchase approval processes. How to gain visibility and control of your indirect spend. How Do P-Cards Work?

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

MARCH 24, 2022

Develop a Vendor Management Policy A vendor management policy is a document that tells senior management and the board members about all of your vendor management activities. The more comprehensive your policy is, the better as it serves as the foundation of strategic and robust management practice.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

SIG Speaks

DECEMBER 21, 2023

Starting with a win-win mindset and a documented, agreed-upon governance framework will allow the business to focus on achieving the value of the contract, reduce noise, and enable quicker resolution of issues. Clearly define the SLAs and KPIs in the contract.

Management 40

Management Strategic Sourcing Government Sourcing 40

Planergy Software

JULY 27, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Expense reporting is the process of documenting and submitting expenses incurred by an individual or an organization during business operations. How to gain visibility and control of your indirect spend.

Data Entry 52

Data Entry Finance Software Accounting 52

SIG Speaks

DECEMBER 20, 2022

Submitting proper certifications, insurance forms, tax, and banking info will allow the customer to only do business with approved suppliers with adequate documentation. Intelligent automation can also help with efficient on-contract buying, reduced transactional cost, and up-to-date information to better business decisions. .

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Open tendering is preferable as it allows companies to apply for multiple contracts at once, resulting in more efficient use of resources and reduced cost-over-runs from multiple procurement processes.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Obobo

JUNE 17, 2022

A request for proposal (RFP) is a business document that announces a project, describes it, and solicits bids from qualified contractors to complete it. As noted above, it is clearly in the issuer’s best interests to provide this document with as much clarity as possible. Contract Creation and Completion.

Strategic Sourcing 52

Strategic Sourcing Government Software Sourcing 52

SIG Speaks

AUGUST 17, 2023

We must have practical E-sourcing tools that allow us to be efficient. We then compiled our requirements, held technical calls, issued, and evaluated an RFI and RFP, and hosted demonstrations before purchasing Workday Strategic Sourcing, formerly ScoutRFP. The hope was to streamline the source-to-contract process.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 40

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Make sure employees are aware of the policy and what documentation they will need to submit with their reimbursement request. How to gain visibility and control of your indirect spend.

Management 52

Management Accounting Finance Out-Tasking 52

SIG Speaks

AUGUST 3, 2023

Quickly identifying or comparing two legal documents for similarities or contrasting clauses is a tremendous step forward in the evolution of process improvement, effectiveness, and efficiency. AI or machine learning is excellent for running mundane tasks like searching for specific contract clauses.

Strategic Sourcing 40

Strategic Sourcing Retail Analytics Sourcing 40

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It also aims to improve efficiency, monitor and control workflows, and maintain regulatory compliance. An optimized spend management process can result in 90%+ in operational efficiency savings. Download Free Copy.

Management 52

Management Strategic Sourcing Accounting Software 52

Planergy Software

MARCH 29, 2022

Critical data is displayed in meaningful, insightful ways to help business leaders make informed business decisions such as forecasting, planning, analysis, risk management, strategic sourcing, operational complexcity reductions, and anti-fraud monitoring — to name a few. But not anymore!

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Obobo

MARCH 7, 2023

Get ready to discover a game-changing solution that will enhance accuracy, efficiency, and transparency across all stages of the procurement cycle! Benefits of using purchase management software include increased efficiency, improved accuracy, and reduced costs. What is purchase management software? appeared first on Oboloo.

Software 40

Software Management Reduced Costs Data Entry 40

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Make sure you have a central place to store all project documents. If you’re working with a team, it’s also important to have a shared storage space where everyone can access the necessary documents.

Management 52

Management Out-Tasking Software Finance 52

SIG Speaks

JUNE 13, 2023

Utilizing a RACI, or similar stakeholder mapping tool, to document one’s findings is crucial as it will be used for reference when designing the communication strategy. PMs should assess each player’s level of category knowledge, distance to operational tasks, level of seniority, and level of ownership.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

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

FEBRUARY 10, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Centralized organizations, on the other hand, operate with a more efficient purchasing process by dedicating their own department, otherwise known as a procurement department. Download Free Copy. Written by.

Reduced Overhead 52

Reduced Overhead Finance Inventory Management Jobbing 52

SIG Speaks

APRIL 14, 2023

The PL will take the already-reviewed and approved contract documents through the signatory process, requesting the vendor to execute them first. learn more Procurement SIG University Tags: certified sourcing professional marketing services procurement data management AddThis: Headshot: Blogger Name and Title: Jason M.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. But by implementing T&E management best practices, you can make the process simpler and more efficient. How to gain visibility and control of your indirect spend. As you can see, a lot goes into managing business travel.

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. PSPs benefit buyers because they can lead to reduced costs, improved quality and service levels, and increased procurement efficiency. How to gain visibility and control of your indirect spend. Download Free Copy.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Time and Cost Efficiency Employees may better understand their travel requirements and preferences, which can result in quicker decision-making and efficient bookings.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

DECEMBER 12, 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. Understanding School Budgets A school budget is more than just a financial document. What's Planergy?

Finance 52

Finance Government Redistribution Administrative 52

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 Sourcing Automation 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. A vendor analysis report is a document that summarizes the findings of the vendor analysis process.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

OCTOBER 13, 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. This document should clearly outline how the pooled funds will be managed and allocated. What's Planergy?

Finance 52

Finance Government Redistribution Flexibility 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Strong and sturdy credentials drive down costs by as much as 10% since these companies are focusing on operational efficiency and waste reduction. How to gain visibility and control of your indirect spend. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Blue Ocean

MARCH 3, 2025

We sat down with Peter Longo, Director of Strategic Sourcing and Logistics at St. The thing about strategic sourcing and supply chain is that you usually dont hear much about it unless something goes wrong. Ideally, the strategic sourcing team needs to understand the space in which theyre sourcing.

Sourcing 52

Sourcing Strategic Sourcing Outsourcing Collaborations 52

Planergy Software

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Without the right systems and practices, this information can quickly become overwhelming or compromise operational efficiency. Budget planning also becomes more efficient with accurate data at hand.

Management 52

Management Administrative Facilities Management Payroll 52