Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Organizations are constantly exploring new procurement methods to create a more strategic procurement strategy and ensure competitive procurement. How to gain visibility and control of your indirect spend.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Perficient Digital Transformation

OCTOBER 14, 2024

Organizations must manage a myriad of products and services, ensuring that they are sourced, purchased, and delivered efficiently. Efficient Sourcing and Bidding: Item classification helps in the efficient sourcing of products.

Pharmaceuticals 52

Pharmaceuticals Manufacturing Strategic Sourcing Sourcing 52

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

Obobo

JUNE 15, 2022

How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? RFx brings together RFIs , RFPs and RFQs , and is, therefore, an acronym that is used more frequently in strategic sourcing and procurement. .

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

SIG Speaks

DECEMBER 21, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Kate Burke outlines the necessary points for creating a strong, healthy, and productive relationship while ensuring your company has a clear path of intention and expectation. Clearly define the SLAs and KPIs in the contract.

Management 40

Management Strategic Sourcing Government Sourcing 40

SIG Speaks

AUGUST 17, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Constance Bryant shares an honest account of how the change from a grassroots process to a more sophisticated tool for a Source-to-Contract process went for her and her organization. We must have practical E-sourcing tools that allow us to be efficient.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 40

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Knowing when to use which document for what purpose can dramatically improve your procurement process. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

SIG Speaks

AUGUST 3, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Aaron Eleazer shares how the advancements of AI technology provide an exciting and innovative space that has an important place in how business is done and improved upon and also shares the concerns associated with it.

Strategic Sourcing 40

Strategic Sourcing Retail Analytics Sourcing 40

SIG Speaks

JUNE 13, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Brynn Wheeler describes how to manage stakeholders for RFX by fostering a trusting atmosphere and inspiring participation. In 2020, Brynn left the aerospace domain to join Sprouts’ indirect sourcing team as an analyst and has since advanced to a procurement specialist.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

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. Sourcing the right products from suitable suppliers at the right price is a constant challenge within purchasing departments.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Sarah Holliman

AUGUST 30, 2017

If you are equally confused by the term, hopefully this analysis will benefit you as well…because rest assured, you WILL need to understand it—especially if you work in sourcing, outsourcing or supply chain as the potential is unlimited. We were nervous about them…we didn’t understand how they would practically apply to us.

Banking 130

Banking Strategic Sourcing Sourcing Outsourcing 130

SIG Speaks

APRIL 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing. The PL will take the already-reviewed and approved contract documents through the signatory process, requesting the vendor to execute them first.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

SIG Speaks

DECEMBER 15, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Sergio Mielnik shares an in-depth understanding of how supplier relationships should be managed and how improving supplier relations at different levels will create successful sourcing engagements. 02% discount for my company. learn more. .

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 40

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This can result in less on-contract spend and reduce realized cost savings from strategic sourcing initiatives. Gather Necessary Documents Gather your essential documents for the application process.

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Everest Group

MAY 27, 2022

The sourcing approach always relies heavily on the skill and experience of the specialists delivering the activity. 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.

Outsourcing 52

Outsourcing Sourcing Strategic Sourcing Flexibility 52

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

SEPTEMBER 27, 2022

SIG University Certified Sourcing Professional (CSP) program graduate Laurie Kuecker discusses how procurement leaders must change and adapt their processes to better fit their industry. These individuals represent their organization and have insight and knowledge of their piece to the process that should be shared and documented.

Co-Sourcing 40

Co-Sourcing Administrative Extended Teams Strategic Sourcing 40

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The process of tail spend analysis involves analyzing data from various sources, including supplier invoices, purchase orders, contracts, and other financial documents. This can make it difficult to track and manage.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

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

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

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

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

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. And with all relevant documentation – vendor invoices, contracts, etc. The accounting software integration also ensures that you can manage the entire Source-to-Pay lifecycle. Download Free Copy.

Management 52

Management Strategic Sourcing Accounting Right-Sizing 52

SIG Speaks

DECEMBER 6, 2022

After going through the course for CMSP, I have determined that my team needs to set Exit Plans and document the plans before putting a contract in place. The course pointed out that setting up an Exit Plan is essential for Tier 1 suppliers and suppliers that are Customers.

Government 40

Government Retail Banking Strategic Sourcing 40

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

The Hackett Group

NOVEMBER 9, 2021

Earnings Call Documents. The Hackett Group also provides dedicated expertise in business strategy, operations, finance, human capital management, strategic sourcing, procurement and information technology, including its distinguished Oracle, SAP, Coupa and OneStream practices. ET on Tuesday, November 23, 2021.

Pharmaceuticals 97

Pharmaceuticals Global Business Services Information Technology Finance 97

Planergy Software

MARCH 29, 2022

It’s almost impossible for business leaders to make decisions based on myriad data sources until the big data is converted into relevant information and then actionable insights. Mostly, data is stored in disparate systems with varying degrees of accuracy across sources. But not anymore!

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

JANUARY 19, 2024

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. The evaluation should include feedback from multiple departments or sources to ensure that all relevant data is considered.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Obobo

MARCH 7, 2023

Additionally, many contract management systems offer features such as electronic signature capabilities and document management to make the contract management process more efficient. This information can be leveraged to negotiate better prices with vendors, identify areas of wasteful spending, and develop strategic sourcing plans.

Software 40

Software Management Reduced Costs Data Entry 40

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Only 20% said their organizations use sustainability measures as primary criteria and sourcing decisions and supplier reviews. 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

DECEMBER 12, 2023

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. It’s a strategic tool that maps out the allocation of resources over a specified period, typically a school year.

Finance 52

Finance Redistribution Government 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. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits. more savings compared to peers.”

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Creating your policy document is a crucial step in setting up a successful business travel program, as it will help ensure that all employees understand the expectations and guidelines related to their travels.

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. In this case, the document staff may not be buying the items and services the company needs to be successful. How to gain visibility and control of your indirect spend. Download Free Copy. Written by.

Reduced Overhead 52

Reduced Overhead Finance Inventory Management Jobbing 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. A Preferred Vendor Agreement (PVA) is a formal document that outlines the terms of a business relationship between a purchaser and a supplier. 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

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 Finance Software 52