Intugo

NOVEMBER 22, 2023

As globally active companies need more and more suppliers to keep the business running smoothly, strategic sourcing and sourcing managers in Mexico face the challenge of effectively organizing and managing supplier contracts. Establish approval workflows. Develop a periodic review of contracts.

Strategic Sourcing 59

Strategic Sourcing Management Sourcing Collaborations 59

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

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

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

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

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

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

SIG Speaks

JANUARY 13, 2023

We will start by reviewing contract documents with leading suppliers for consolidation with a single contract instead of multiple contracts for commodities. Once these steps are done foremost, the questionnaire and scope/requirement document can be shared with prospective suppliers for a response along with timelines. . learn more.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

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

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 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

Obobo

JULY 1, 2022

Cross-verification of related documents is part of the three-way matching process. Before making payments, the related documents must be verified. An invoice can be confirmed to represent goods supplied or services rendered by matching three documents – a purchase order, a goods receipt and the supplier invoice.

Sourcing 52

Sourcing Accounting Software Automation 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

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

SIG Speaks

AUGUST 17, 2023

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. The team obtained approval to purchase a solution.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 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. Intelligent automation benefits span the entire Source-to-Pay process.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

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. I didn’t know much about either, but soon thereafter, my director started talking about AI capabilities in contracting.

Strategic Sourcing 40

Strategic Sourcing Retail Analytics Sourcing 40

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. RFPs RFPs, or request for proposals, are a standard document in the sourcing process. You generally issue a document to potential suppliers with detailed instructions and specifications.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 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

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. Is it because a supplier you contracted with as part of your strategic sourcing initiative isn’t holding up their end of the deal?

Management 52

Management Accounting Strategic Sourcing Software 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

SIG Speaks

DECEMBER 15, 2022

With the agreement of both companies, we were able to eliminate all the paperwork created daily and was replaced with electronic documents and files that were transferred between companies which facilitated deliveries and accountability and even delivered a.02% 02% discount for my company. learn more. .

Manufacturing 40

Manufacturing Sourcing Strategic Sourcing Engineering 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.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 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

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

SEPTEMBER 27, 2022

These individuals represent their organization and have insight and knowledge of their piece to the process that should be shared and documented. Team members should be allowed to freely contribute and express their points of view without being attacked or ignored. Each member has a voice that should be heard and respected. . .

Co-Sourcing 40

Co-Sourcing Administrative Extended Teams Sourcing 40

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 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

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

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

The Hackett Group

AUGUST 10, 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, August 24, 2021.

Research 52

Research Analytics Sales Finance 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Provide employees with clear instructions on submitting expense claims and the necessary supporting documentation. How to gain visibility and control of your indirect spend.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies may also want to consider implementing a pre-trip authorization process, and requiring all expenses related to the trip to be documented in order due documentation for reimbursement purposes.

Finance 52

Finance Regulations Insurance Management 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 Government Redistribution Administrative 52