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What Is Strategic Sourcing? – Definition

Obobo

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

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What Is Strategic Sourcing? – Definition

Obobo

What Is Strategic Sourcing? In the context of digital transformation, procurement and supply chain processes are evolving as a result of strategic sourcing, and the trend is poised to continue. This is what differentiates strategic sourcing from conventional purchasing. . How Does Strategic Sourcing Work?

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CFO Challenges and Priorities in 2021 And Beyond

Planergy Software

In a business climate radically altered by both digital transformation and major disruptors such as the COVID-19 novel coronavirus pandemic, companies who want to compete, grow, and innovate effectively need both flexibility and resilience. Today’s CFO Challenges Are Bigger Than Ever. ” Top Challenges and Priorities for CFOs. .”

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Turning Data Into Actionable Insights

Planergy Software

How better management in AP can give you better flexibility for cash flow management. Ask the right questions Once end goals have been identified, the next step is to figure out key information needed for informed business decisions. A one size fits all system.” How AP can improve relationships with your key suppliers.

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The Top 8 Business Travel Management Tools

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The right travel management solution can help ensure compliance with company policies, provide valuable insights into travel spending, and streamline the entire travel process. But fear not, weary traveler!

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Big Data Analytics: What It Is and Why It Is Important

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Volume refers to the sheer size of the data. Using the Right Tools and Platforms. This often means finding a solution that’s flexible enough to grow and scale with you as your infrastructure changes. Written by.

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Supplier Management Best Practices

Planergy Software

How better management in AP can give you better flexibility for cash flow management. As you work to build the right supplier management system for your business, consider these best practices. How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties. Written by.