Sourcing Advisors Group

OCTOBER 27, 2020

There is a brewing conflict in the world of Procurement – firms are aggressively pursuing Vendor Diversification while the same time, they are unable to manage most of their incumbent vendors, according to a recent Deloitte survey. Shortcuts Do Not Work. A surprise to no one, shortcuts will not resolve this challenge. The Path Forward.

Risk Management 52

Risk Management Risk Management Efficiency Management 52

Perficient Digital Transformation

OCTOBER 14, 2024

In today’s fast-paced business environment, efficient procurement processes are essential for maintaining a competitive edge. Organizations must manage a myriad of products and services, ensuring that they are sourced, purchased, and delivered efficiently.

Pharmaceuticals 52

Pharmaceuticals Manufacturing Sourcing Strategic Sourcing 52

Everest Group

JUNE 27, 2023

How should APAC-focused procurement leaders shape their contracting and negotiation strategies? Who should attend?

Sourcing 130

Sourcing Outsourcing Service Strategic Sourcing 130

Everest Group

DECEMBER 5, 2023

IST In today’s business landscape, streamlined and efficient procurement processes are essential for sustained growth. Generative AI’s ability to optimize procurement processes, mitigate risks, and enhance decision-making is transforming the way organizations operate, making it a key tool for resilience, cost savings, and strategic advantage.

Strategic Sourcing 130

Strategic Sourcing Sourcing Efficiency Management 130

IBM Services

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 102

Sourcing Supply Chain Management Strategic Sourcing Automation 102

Obobo

AUGUST 2, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

IBM Services

JANUARY 31, 2024

The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services). It’s distinct from the procurement process.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Planergy Software

MARCH 24, 2025

Modern Spend Management and Accounts Payable software. How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can maximize grants by focusing on financing specific projects, like STEM programs, teacher training, or energy-efficient building upgrades.

Finance 52

Finance Shared Services Collaborations Automation 52

SIG Speaks

OCTOBER 26, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Prateek Jindal describes how the course helped him and his team increase value from improving their strategic sourcing strategies on down through your category playbook. Supplier Performance Management (SPM): The course (a reference to lesson 2.4)

Management 40

Management Strategic Sourcing Facilities Management Sourcing 40

SIG Speaks

APRIL 25, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andrew Beck shares the difficulties associated with change management in sourcing and how it can help improve inefficiencies. Change is inevitable and part of everyone one's career; the key is how we manage that change.

Sourcing 40

Sourcing Management Co-Sourcing Strategic Sourcing 40

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. Supplier Management Best Practices. Best Practices & Tips Business Process Management (BPM) Supplier Relationship Management. But when managed poorly, it can add an extra layer of stress. Download Free Copy. Written by.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

MARCH 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How To Create Savings With Better Spend Management In Procurement. Spend management refers to the process of collecting, maintaining, categorizing, and reviewing spend data in an effort to reduce procurement costs.

Management 52

Management Strategic Sourcing Accounting Software 52

Obobo

AUGUST 16, 2022

Best Practices for Supplier Management. Managing suppliers is an essential component of a business’ procurement process. Poor management, however, can add more stress to the situation. Consider these best practices as you build the right supplier management system for your business. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Planergy Software

MAY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. How Strategic Procurement Can Give You a Competitive Advantage. Procurement Strategic Sourcing. When your process is efficient, your organization has economies of scale. Download Free Copy.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Corporate travel management software streamlines business travel processes by automating tasks such as booking flights, tracking expenses, and providing insights into travel spending patterns.

Management 52

Management Right-Sizing Software Finance 52

SIG Speaks

JULY 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Stephanie Clark shares an excellent analysis of the category management process from a strategic lens and notes when a well-designed program is enabled, it is equally effective for direct and indirect spend and across spend categories.

Management 40

Management Strategic Sourcing Sourcing Design 40

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this blog post, we will discuss some of the basics of travel and expense management and some best practices to make your life a little bit easier. What Is Travel and Expense Management?

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

JANUARY 18, 2024

Modern Spend Management and Accounts Payable software. 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?

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. In this article, we will discuss services procurement, how it works, and how to manage it best. It involves procuring services from outside sources and managing the relationship with supplier or service provider.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. 7 Tips For Managing Project Budgets Successfully. Budget Management Procurement Project Management. Managing a project budget is no small feat. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Software Finance 52

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. PMs can overcome resistance by building trust and inspiring confidence through a stakeholder-focused approach to project management.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

MARCH 8, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Moran shares the different types of KPIs that are vital to an organization and the importance of performance management. Where I have managed multiple teams across EMEA for multinational IT companies.

Management 40

Management BPO Outsourcing Global Outsourcing 40

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. Include language that allows the business a say in replacements.

Management 40

Management Strategic Sourcing Government Sourcing 40

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you have a small business or a large corporation, the basic steps and best practices for managing budgets are the same. How to report and analyze indirect spend to identify savings opportunities.

Finance 92

Finance Software Accounting Management 92

IBM Services

DECEMBER 13, 2023

A procurement strategy allows an organization to navigate an increasingly complex global supply chain, adapt swiftly to market fluctuations, and achieve cost optimization, operational efficiency and growth. This enables an effective and adaptive approach to sourcing that creates value and minimizes risk.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

Obobo

MARCH 7, 2023

What Are The Benefits Of Using Purchase Management Software In Procurement? It’s time to switch over to purchase management software! In this blog post, we’ll explore the benefits of using purchase management software in procurement and how it can revolutionize your organization’s workflow.

Software 40

Software Management Reduced Costs Data Entry 40

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You’ll need to know the five Ws to track, monitor, and effectively handle expense management properly. This is important to understand what kind of expenses you should be aware of and manage.

Management 52

Management Accounting Finance Out-Tasking 52

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. Stronger Supplier Relationships with Fewer to Manage. Download Free Copy. Written by. Lyle Del Vecchio. 14 min read.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

Perficient Digital Transformation

SEPTEMBER 4, 2024

Oracle Services Providers According to the report, “Technology leaders often use one or more Oracle services providers to: implement Oracle cloud products and solutions, provide continuous change management and ongoing Oracle applications support, and future-proof enterprise operational business processes.”

Supply Chain Management 52

Supply Chain Management Service Strategic Sourcing Manufacturing 52

Planergy Software

SEPTEMBER 24, 2021

Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate risk management, data-driven decision making, and a collaborative, agile approach. They were a liaison between the finance team (along with procurement) and upper management in the C-suite. The result?

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Obobo

DECEMBER 17, 2021

Such costs can accumulate, especially if they are not properly managed. In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. This task is challenging, but not impossible. Table of Contents.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

SIG Speaks

JUNE 20, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Thomas Cooper describes how with the increasing pressures on supply chains and sourcing organizations lately, efficiency and effectiveness cannot be understated in an organization. For instance, if you take apart a car, you lose the ability to drive.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Engineering 40

Future of Sourcing

JULY 28, 2023

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

Facilities Management 52

Facilities Management Robotics Process Automation Retail 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

IBM Services

JANUARY 16, 2024

Successful companies fuse product development practices with overarching business strategies to ensure sustainable innovations that will resonate efficiently and sustainably with customers—both in existing markets and among new target audiences.

Engineering 80

Engineering Manufacturing Collaborations Research 80

Obobo

JUNE 15, 2022

By saving time and money, these software systems help companies be more efficient. How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? What is RFI (Request For Information)?

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

SIG Speaks

MAY 17, 2023

In the recent May CPO & Executive Virtual Series hosted by SIG, we had the pleasure of welcoming esteemed speakers: Michael Koontz, Vice President of Strategic Sourcing & Business Leader at ATD Sourcing Solutions; Ruy Martins, Plant and Supply Chain Director at Urgo Medical; and Oren Salzman, Chief Procurement Officer at MetTel.

Strategic Sourcing 40

Strategic Sourcing Streamline Operations Sourcing Sales 40