IBM Services

FEBRUARY 13, 2024

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Manufacturing 84

IBM Services

JANUARY 31, 2024

Businesses leverage global sourcing to access advanced skills and technology using business process outsourcing, as mentioned above. However, supply chain disruptions resulting from the COVID-19 pandemic and recent climate events have revealed the risk of dependency on suppliers, skills and partners in regions far from operations.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Planergy Software

MARCH 24, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Centralizing things reduces costs and risks. Organizing trust-wide events like charity galas or virtual auctions can generate a lot of income while engaging the community.

Finance 52

Finance Shared Services Collaborations Automation 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. No longer can strategic sourcing be just in time and just in case. Download Free Copy.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

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. How do those competencies align with an organization’s long-term strategic business plans? Why is a strong product development strategy important?

Engineering 80

Engineering Manufacturing Collaborations Research 80

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Benefits of Corporate Travel Corporate travel offers several benefits for businesses: Networking Opportunities Attending conferences and events lets employees network with industry peers and potential clients.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This principle essentially states that roughly 80% of outcomes are determined by 20% of causes for many events. How to gain visibility and control of your indirect spend. How Pareto Analysis Works?

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52