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. Then, ensure a well-designed governance framework is built into the contract.

Management 40

Management Strategic Sourcing Government Sourcing 40

Future of Sourcing

MAY 11, 2023

“Keelvar Autonomous Sourcing solution extends our Sourcing Optimization platform, enabling businesses to make optimization available throughout the organization. Customers are turning to Keelvar to advance their strategic sourcing journey spanning logistics, packaging, direct materials, and indirect spends.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

SourcX

OCTOBER 11, 2020

Because countries like China have become manufacturing meccas over the years, they’ve developed world-class manufacturing facilities and infrastructure that allows them to meet the manufacturing needs for many companies quickly and efficiently. India has also developed top-of-the-line manufacturing facilities.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 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. By adopting best practices such as spend analysis, supplier management, and e-procurement , companies can save money and increase efficiency.

Finance 45

Finance Strategic Sourcing Software Reduced Costs 45

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. Some also pool other ESFA or Local Authority income streams and self-generated, non-government income.

Finance 52

Finance Government Redistribution Flexibility 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues. How to report and analyze indirect spend to identify savings opportunities.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 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. Quickly and efficiently making cost-effective decisions on future projects.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

SIG Speaks

SEPTEMBER 28, 2023

This analysis attempts to explore how procurement and sourcing functions of publicly traded technology companies with market capitalizations between $15 billion to $35 billion (“Tech Company”) can evaluate, implement, and monitor emerging Environmental Social and Governance (“ESG”) regulations within their supply chain.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Finance 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 recall Ray Bradbury’s Fahrenheit 451, where books were banned, and you only knew what the government and the AI told you was the truth.

Strategic Sourcing 40

Strategic Sourcing Retail Analytics Sourcing 40

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. What's Planergy? Modern Spend Management and Accounts Payable software.

Finance 52

Finance Government Redistribution Administrative 52

Planergy Software

APRIL 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG stands for environmental, social and governance. And as everyone races to become as efficient as possible, inventory was at the lowest possible level, if it even existed at all, thanks to just-in-time processes.

Finance 64

Finance Strategic Sourcing Government Management 64

Obobo

JUNE 17, 2022

Most organizations prefer to launch their projects using RFPs, and many governments always use them. In addition to providing crucial information for making informed and strategic decisions , RFPs provide a lot of vital information by definition. Investopedia. RFP Process Steps. Are they capable of meeting your needs in the future?

Strategic Sourcing 52

Strategic Sourcing Government Software Sourcing 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. Efficiency: Evaluate how efficiently the vendor can deliver their products or services. What's Planergy?

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

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

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 Automation Sourcing 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As we become more aware of climate change and how it can affect the supply chain, environmental, social, and corporate governance, better known as ESG practices are now more important than ever. Download Free Copy.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

Planergy Software

NOVEMBER 1, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In addition, a preferred vendor program can help your organization meet its environmental, social, and governance (ESG) objectives. How to gain visibility and control of your indirect spend. Download Free Copy.

Reduced Costs 52

Reduced Costs Finance Accounting Strategic Sourcing 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.

Analytics 40

Analytics Reduced Costs Software Strategic Sourcing 40

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These guidelines ensure proper recordation and compliance with government regulations while legitimately safeguarding all employee expenses incurred while on duty. How to gain visibility and control of your indirect spend.

Management 52

Management Accounting Finance Out-Tasking 52

Planergy Software

OCTOBER 17, 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. Small business loans can be obtained from various sources, including banks, credit unions, and online lenders.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Property Taxes Property taxes are levied on homeowners by local governments and are based on the property’s assessed value. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52

Planergy Software

DECEMBER 11, 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. The group of academy schools operates under a single governing body or central board of directors.

Government 52

Government Collaborations Finance Accounting 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

Planergy Software

MARCH 20, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Partner with corporations, apply for non-government funded grants and rent school facilities outside school hours for income diversification. How to gain visibility and control of your indirect spend.

Co-Sourcing 52

Co-Sourcing Reduced Overhead Finance Right-Sizing 52