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

Planergy Software

SEPTEMBER 24, 2021

Doing business in the new normal has underscored the importance of accurate and strategic financial planning paired with strategic flexibility, both aligned tightly with organizational goals for business performance. For inventory in particular, the situation is very similar to cash.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

Planergy Software

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. For example, does it connect to your ERP, e-commerce platform, and inventory management system? Connecting your inventory management system allows it to update quantity information based on sales.

Management 52

Management Inventory Management Regulations E-Commerce 52

Planergy Software

JANUARY 20, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Factories can’t get the raw materials they need on the schedule they need them to produce enough goods to meet demand. It’s about product development, site inspection, and management, too. Written by.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Retail 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Overall, these 11 cost reduction strategies in procurement demonstrate that companies can significantly reduce costs and maintain profitability with the right procurement management practices.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Planergy Software

FEBRUARY 10, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This reduces your overhead costs associated with inventory management, quality monitoring, risk analysis, and transportation. How to gain visibility and control of your indirect spend. Download Free Copy.

Reduced Overhead 52

Reduced Overhead Finance Inventory Management Jobbing 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. As a supply chain manager, you have to determine how you can shift production schedules and rearrange your supply chain to meet the new demand. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Management 52