Everest Group

OCTOBER 31, 2022

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

Pharmaceuticals 130

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 130

IBM Services

JANUARY 31, 2024

Companies generally outsource non-core tasks and functions that are similar across organizations, such as back-office operations (accounting, IT and human resources) and front-office operations (sales, marketing and customer support). This has fundamentally changed the outsourcing market.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Marketing Procurement: Challenges and Best Practices. Procurement leaders often underestimate the importance of marketing procurement. What is Marketing Procurement? Download Free Copy. Written by. Rob Biedron.

Marketing 52

Marketing Strategic Sourcing Out-Tasking 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. Written by.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

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.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

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

Perficient Digital Transformation

SEPTEMBER 4, 2024

In June 2024, Oracle announced fiscal 2024 Q4 and full year financial results revealing the market demand for Oracle Cloud Applications remains strong with Oracle Q4 Cloud Application (SaaS) revenue up 10% and Q4 Fusion Cloud ERP (SaaS) revenue up 14%.

Supply Chain Management 52

Supply Chain Management Service Strategic Sourcing Manufacturing 52

Planergy Software

SEPTEMBER 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Allocates Resources Efficiently Business budgeting lets you analyze your company’s financial needs and distribute resources accordingly. How to gain visibility and control of your indirect spend.

Finance 92

Finance Software Accounting Management 92

IBM Services

JANUARY 16, 2024

A finely tuned product development strategy is a holistic, cross-collaborative endeavor with the capacity to help any organization weather unforeseen events or market changes. With new markets and functionalities appearing almost overnight, product development can’t be a blind process.

Engineering 80

Engineering Manufacturing Collaborations Research 80

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.

Management 40

Management Strategic Sourcing Facilities Management Sourcing 40

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. As these suppliers lose their autonomy, they may also experience a decrease in efficiency and productivity. Increase efficiency?

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 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

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

Planergy Software

SEPTEMBER 24, 2021

The COVID-19 pandemic has been both vilified as a killer of traditional business paradigms and praised as an unlooked-for blessing for businesses swift, innovative, and lucky enough to adapt to rapidly shifting market conditions. It also eliminates data silos and reduces the risk of miscommunication.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Obobo

DECEMBER 17, 2021

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. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

Future of Sourcing

MARCH 21, 2023

As AArete prepares to attend the upcoming SIG Technology Summit , April 16-19 in Amelia Island, Florida I wanted you to consider the volatile commodity market and economic environment of the past few years that has pitted suppliers and companies against each other.

Reduced Overhead 64

Reduced Overhead Strategic Sourcing Collaborations Government 64

SIG Speaks

JULY 19, 2023

.; Dan Edwards, Procurement Director from Park National Bank; and Aashish Chandarana, Chief Information Officer of Productiv, shared valuable insights that shed light on the future of IT strategic sourcing, the significance of mentorship, and the latest SaaS trends in 2023. per employee.

Strategic Sourcing 40

Strategic Sourcing Banking Sourcing Marketing 40

SIG Speaks

DECEMBER 13, 2022

As Conrad noted, future procurement organizations will be a smaller, more desegregated and more efficient teams. ProcureAbility predicts that by 2030, strategic sourcing will take no longer than two weeks, thanks to cognitive computing. With a background in Marketing and Sales, relationships are at the core of his values.

Cybersecurity 40

Cybersecurity Strategic Sourcing Sourcing Research 40

SIG Speaks

JUNE 14, 2022

The hybrid procurement method combines a central procurement base with subject matter experts (SMEs) already in each department to balance stakeholders' functionalities and strategic sourcing, which gives the business the best of both worlds. . Participation and support to allow efficiency. Most important their expertise.

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

SourcX

OCTOBER 11, 2020

By manufacturing in countries like China, India, Vietnam, Bangladesh, and the Philippines, companies gain access to a low cost labor market that can save them a lot of money. Companies can gain access to foreign markets with increasing ease, and creating a global and international brand is more appealing than ever.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

SIG Speaks

OCTOBER 12, 2023

The rapid advancements in AI have notably impacted various business functions, including procurement and sourcing. Businesses and organizations continue to strive to enhance efficiency, reduce costs, and gain a competitive edge, and AI technologies have begun to revolutionize the procurement landscape.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

NOVEMBER 30, 2023

This will allow organizations to become more agile, provide employees with more efficient ways of managing workload, and encourage additional innovation as companies grow. The Certified Intelligent Automation Professional program is a six-week course delivered through SIG University’s unique education platform.

Automation 40

Automation Strategic Sourcing Government Sourcing 40

Obobo

SEPTEMBER 1, 2022

Unfortunately, far too often supplier contracts do not run as smoothly as they should, A lot can go wrong, such as delivery issues, payment problems, unexpected market changes, uncontrolled price escalations and miscommunications. Providing references or making introductions in new markets are examples of such activities.

Strategic Sourcing 59

Strategic Sourcing Management Marketing Research 59

Future of Sourcing

MAY 11, 2023

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 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. . Benefits of Source to Pay. The potential?

Sourcing 52

Sourcing Accounting Software Automation 52

Obobo

AUGUST 2, 2022

Consider risk factors, diverse requirements, and the dynamic nature of your market. By utilising technology and automation in your procurement, you can improve efficiency and save money while minimising communication problems. A successful supplier management program goes beyond strategic sourcing.

Management 64

Management Right-Sizing Supply Chain Management Strategic Sourcing 64

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. Marketing procurement is a common case where services procurement is required.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

DECEMBER 20, 2022

By applying intelligent automation to the sourcing process, companies can easily create and distribute RFPs for a majority of the categories in which they buy, including direct and indirect spending, for both products and services. Intelligent automation benefits span the entire Source-to-Pay process.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

Future of Sourcing

MAY 9, 2023

A recent study by Mckinsey shows that in addition to regaining profitability and finding methods to conserve cash, businesses must also struggle with shifting dynamics in the supply market, evolving workplace practices, variable demand, and de-risking their supply chains to make them less susceptible to disruption.

Sourcing 52

Sourcing Collaborations Analytics Strategic Sourcing 52

SIG Speaks

MARCH 10, 2023

Therefore, the question is, how can you compare a large base of vetted suppliers efficiently (Supplier Performance Management in Bulk)? He graduated from Bryant University’s class of 2021 with a degree in business administration, concentrating in marketing, sales & sociology.

Strategic Sourcing 40

Strategic Sourcing Sourcing Sales Administrative 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Vertical Integration: By taking control of different stages of the production or distribution process, businesses can gain supply chain control, reduce costs, increase efficiency, and differentiate their products and services.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

SIG Speaks

AUGUST 31, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Andy Perkins highlights the key foundation for driving excellence between supplier and client in the new market we live in. Several factors determine whether a business model is efficient and effective.

Collaborations 40

Collaborations Strategic Sourcing Sourcing Efficiency 40

SIG Speaks

JUNE 13, 2023

For example, a stakeholder in branding & marketing may be less interested in hearing about supply chain constraints, while an operations stakeholder may not want to sit through a 30-minute presentation on creative design capabilities. They may also vary in the type of information they need to be aware of.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

JULY 1, 2022

Join experts from Workday Strategic Sourcing as they outline how to enable an efficient and collaborative approach to procurement, take control of your spend, simplify contract management, and improve relationships with suppliers. With a background in Marketing and Sales, relationships are at the core of his values.

Strategic Sourcing 40

Strategic Sourcing Sourcing Research Collaborations 40

SIG Speaks

OCTOBER 19, 2023

Through these presentations, procurement professionals can articulate their understanding of the business landscape, market dynamics, and potential risks and opportunities. Executive presentations are a valuable platform to highlight the outcomes of strategic sourcing initiatives and cost-saving measures.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

JULY 14, 2023

Putting in place regular business reviews, coupled with market and spend analysis, should reveal any adjustments that need to be made over time to continue realizing the total value of the category strategy. The business can realize efficiencies in every aspect of goods and service deliverables using a data-driven and tactical approach.

Management 40

Management Strategic Sourcing Sourcing Design 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