Remove Government Remove Strategic Sourcing Remove Supply Chain Management
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

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.

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What are the different types of sourcing?

IBM Services

With rising consumer and stakeholder expectations around ethical and responsible supply chains, who supplies your organization’s goods and services is also a C-suite consideration. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Environmental Risks This one is especially important for businesses focused on environmental, social, and governance (ESG) issues. How to report and analyze indirect spend to identify savings opportunities.

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RFI, RFP, RFQ, ROI, RFT: What’s the Difference?

Planergy Software

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. Written by.

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Supplier Relationship Compatibility

SIG Speaks

Contract, Negotiation, and Execution – Formal negotiation, performance expectation, the establishment of governance, and execution. Post-Contract, Period of Service - Contract Compliance, Governance, Performance tracking, and Issues resolution. Environmental, Social & Governance (ESG). Strategy alignment. Leadership style.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. For example, consider collaborating with value chain partners to reduce carbon emissions in the intensive areas of your supply chain.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Read on to learn more about how effective vendor analysis can help you streamline your supply chain management efforts! How to report and analyze indirect spend to identify savings opportunities.