SourcX

OCTOBER 12, 2020

Many businesses acknowledge the advantages of sourcing in low cost countries. Increasing numbers of executives see the writing on the wall, and can no longer ignore the fact that sourcing in low cost countries can reduce labor costs and give them access to robust manufacturing facilities. What is Strategic Sourcing?

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 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. Written by.

Strategic Sourcing 59

Strategic Sourcing Sourcing Reduced Costs Supply Chain Management 59

Planergy Software

SEPTEMBER 24, 2021

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.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Perficient Digital Transformation

JULY 19, 2024

To achieve low costs while offering high availability and personalized products, manufacturers must alter their operations to be flexible, focusing on creating a wider range of products that share common underlying components or production processes.

Manufacturing 64

Manufacturing Management Strategic Sourcing Research 64

IBM Services

DECEMBER 13, 2023

It can nurture collaborative partnerships with suppliers and integrate ethical and environmental (green purchasing) considerations into the sourcing strategy. It should be a strategic roadmap that, when effectively designed and implemented, aligns with the mission of the organization and greatly contributes to its success. Be flexible.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

Perficient Digital Transformation

SEPTEMBER 4, 2024

Oracle Cloud Supply Chain Management (SCM): We help modernize and mature our clients’ end to end global supply chain through strategic sourcing and spend control, source-to-pay improvements, cycle time reduction, and inventory and materials management.

Supply Chain Management 52

Supply Chain Management Service Strategic Sourcing Manufacturing 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. Cons include a lack of contract flexibility, requiring a strict vendor selection process, and more. Loss of Contract Flexibility.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Supply Chain Management 52

SIG Speaks

MARCH 10, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Nick Fratto describes how sourcing professionals must adapt to a post pandemic industry and how to find the perfect supplier's for your business. Bottlenecks, stockouts, shipping delays, and inflated costs have become common obstacles for sourcing practitioners.

Strategic Sourcing 40

Strategic Sourcing Sourcing Sales Administrative 40

SIG Speaks

JUNE 22, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Ethan Slade shares how procurement and sourcing professionals can gain positive influence in their organization that helps encourage productivity and change. Flexibility and personability co-exist, making your success even more assured.

Co-Sourcing 40

Co-Sourcing Sourcing Strategic Sourcing Flexibility 40

Planergy Software

FEBRUARY 8, 2022

How better management in AP can give you better flexibility for cash flow management. Strategic Sourcing Supplier Performance Supplier Relationship Management. Segmenting your suppliers can also help you identify your level of risk for instance if you have a single source of supply for your product or service. Written by.

Strategic Sourcing 52

Strategic Sourcing Supply Chain Management Collaborations Finance 52

Planergy Software

MARCH 29, 2022

How better management in AP can give you better flexibility for cash flow management. It’s almost impossible for business leaders to make decisions based on myriad data sources until the big data is converted into relevant information and then actionable insights. How AP can improve relationships with your key suppliers. Written by.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

OCTOBER 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. RFIs can also help buyers identify potential suppliers and compare them against each other, which is crucial for strategic sourcing. Download Free Copy. Written by. 15 min read.

Supply Chain Management 52

Supply Chain Management Strategic Sourcing Sourcing Finance 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

SIG Speaks

MAY 9, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jigar Mistry shares the potential benefits and opportunities that can arise from outsourcing. Flexibility: Organizations are less constrained by their policies and work freely by utilizing the resources and capabilities of other providers.

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

SIG Speaks

DECEMBER 6, 2022

As trusted advisors, Procurement professionals need to stay agile and flexible, especially at the start to help nurture stakeholders during the change management process. . Procurement leadership would be wise to build flexible structures to adapt quickly to changing needs. .

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can collect structured, semi-structured, and unstructured data from various sources such as cloud computing and storage, mobile apps, Internet of Things (IoT) gadgets, supply chain software, and other sources.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As businesses increasingly recognize the importance of strategic financial planning and analysis, the need for knowledgeable FP&A practitioners continues to grow. How to gain visibility and control of your indirect spend.

Finance 52

Finance Software Automation Analytics 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Process & Procedures Sourcing Supply Chain Management. Companies today need to focus efforts on ethical sourcing , not just saving money wherever possible. Download Free Copy. Written by. Lyle Del Vecchio.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Common factors include cost-effectiveness, quality of goods or services, delivery lead times, customer service, regulatory compliance, flexibility, technical expertise, and the supplier’s financial stability.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

OCTOBER 13, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This approach fosters collective responsibility, financial stability, and strategic resource allocation. The primary purpose of GAG pooling is to enable more strategic and flexible use of resources across a MAT.

Finance 52

Finance Government Redistribution Flexibility 52

Planergy Software

APRIL 19, 2022

How better management in AP can give you better flexibility for cash flow management. He also needs to source a cleaning service that can clean the warehouse weekly, locate a hotel chain that employees can stay at when traveling for business, and find a phone plan that works best for employees and fits within the budget. Written by.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

JULY 14, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Less Flexible than Corporate Cards Because purchase cards are tied to specific budgets or departments, you can’t use them to make cross-departmental or strategic purchases.

Banking 52

Banking Labor Costs Strategic Sourcing Accounting 52

Planergy Software

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. They include products or services sourced from multiple suppliers or distributors and are standardized according to the company’s requirements. How to gain visibility and control of your indirect spend.

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

OCTOBER 17, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This gives you additional flexibility and options for cash flow management , liquidity management , and for managing your working capital. How to gain visibility and control of your indirect spend.

Accounting 52

Accounting Finance Banking Strategic Sourcing 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Stay Flexible. Stay Flexible. it’s important to stay flexible when managing a project budget. How to gain visibility and control of your indirect spend. Download Free Copy. Written by. Rob Biedron.

Management 52

Management Out-Tasking Software Finance 52

Planergy Software

SEPTEMBER 20, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. With transparent pricing and flexible options, TravelPerk ensures you get the best value for your travel budget. How to gain visibility and control of your indirect spend.

Management 52

Management Right-Sizing Software Finance 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Source what you can from reclamation centers and use recycling whenever possible. How to gain visibility and control of your indirect spend. 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

JANUARY 19, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While the main goal is to reduce costs and improve sourcing, it can also help improve supplier relationships, giving your organization a competitive advantage. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Reduced Costs Robotics Process Automation Analytics 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Challenges and Risks: Both horizontal and vertical integration present unique challenges, such as integration difficulties, regulatory hurdles, increased complexity, capital intensity, reduced flexibility, and potential conflicts.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

SEPTEMBER 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These include gym memberships, team-building events, workplace wellness programs , tuition reimbursement, retirement planning, and flexible work arrangements. How to gain visibility and control of your indirect spend.

Finance 52

Finance Insurance Software Management 52

Planergy Software

MAY 30, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. A dedicated travel and expense software, like Planergy, will have flexibility and control to match your needs. How to gain visibility and control of your indirect spend.

Management 52

Management Automation Finance Reduced Overhead 52

Planergy Software

MARCH 24, 2022

How better management in AP can give you better flexibility for cash flow management. How AP can improve relationships with your key suppliers. How to capture early payment discounts and avoid late payment penalties. Download Free Copy. Supplier Management Best Practices. Written by. Lyle Del Vecchio. 17 min read.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Forecasts are more flexible than budgets, as they are continually updated and revised as new information becomes available or circumstances change. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

IBM Services

JANUARY 31, 2024

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

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

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sourcing Supply Chain Management. Local sourcing means that your raw materials come from other local businesses, which keeps the economy in good shape. To be successful, you must be flexible and adaptable.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Everest Group

JANUARY 16, 2025

Address gaps in pricing models across channels Brands are struggling in achieving flexible, transparent, real-time pricing across digital and physical channels. Firms that focus on AI and predictive analytics tools for flexible pricing will offer the tech and know-how brands need to refine their pricing plans.

Retail 130

Retail Flexibility Strategic Sourcing Analytics 130