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

Everest Group

JUNE 27, 2023

LIVE WEBINAR Pricing and Outsourcing Trends: Navigating Uncertainties in Services Sourcing from APAC June 27, 2023 | 11 a.m. Because outsourcing service providers are unable to pivot to meet changing demands, buyer satisfaction with providers is hitting a record low, and the Asia Pacific (APAC) region is no exception.

Sourcing 130

Sourcing Outsourcing Service Strategic Sourcing 130

Obobo

AUGUST 25, 2022

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?

Strategic Sourcing 59

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 59

Everest Group

MAY 2, 2024

In this webinar, our sourcing and pricing analysts will discuss action items for procurement teams to achieve these goals and attain an accelerated growth trajectory in H2 2024. What are sourcing leaders’ key priorities for H2 2024? What action items can sourcing leaders take to achieve maximum value realization?

Sourcing 147

Sourcing Service Strategic Sourcing BPO 147

Everest Group

JULY 18, 2023

Join this webinar as our expert analysts discuss the crucial design factors in evolving procurement and category management organizations, covering aspects such as accountability structures, emerging roles and skillsets, governance, policies, and outsourcing adoption. What questions will the webinar answer for the participants?

Management 147

Management Strategic Sourcing Outsourcing Government 147

Obobo

AUGUST 24, 2022

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?

Strategic Sourcing 52

Strategic Sourcing Sourcing Supply Chain Management Right-Sizing 52

IBM Services

JANUARY 31, 2024

Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services). The main motivators for outsourcing are cost savings; the flexibility to ramp up or scale back functions and goods or services as needed; and greater access to specific skills or raw materials.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Everest Group

OCTOBER 31, 2022

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

Pharmaceuticals 130

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 130

Everest Group

SEPTEMBER 18, 2024

Everest Group is a research firm helping business leaders confidently navigate today’s market challenges, driving maximized operational and financial performance and transformative experiences. Strong Analytical skills and problem-solving ability underpins this role, as Pricing of complex deals has many moving parts.

Service 100

Service Global Sourcing Advisory Advisory Research 100

IBM Services

FEBRUARY 28, 2024

Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategic sourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategic sourcing are becoming even more attainable thanks to innovation.

Sourcing 102

Sourcing Supply Chain Management Strategic Sourcing Automation 102

Everest Group

SEPTEMBER 21, 2021

This role is part of the Pricing Assurance practice, which assists buyers and service providers with pricing decisions in outsourcing arrangements. Communicate and interact with senior stakeholders in major outsourcing service providers and recipients of global services, to address their pricing related issues.

Global Sourcing Advisory 100

Global Sourcing Advisory BPO Advisory Strategic Sourcing 100

Sarah Holliman

AUGUST 30, 2017

If you are equally confused by the term, hopefully this analysis will benefit you as well…because rest assured, you WILL need to understand it—especially if you work in sourcing, outsourcing or supply chain as the potential is unlimited. Blockchain–Powered Contract Management And Outsourcing. Opportunity.

Banking 130

Banking Strategic Sourcing Sourcing Outsourcing 130

Everest Group

SEPTEMBER 18, 2024

Everest Group is a research firm helping business leaders confidently navigate today’s market challenges, driving maximized operational and financial performance and transformative experiences.

Advisory 100

Advisory Research Strategic Sourcing Jobbing 100

Everest Group

OCTOBER 14, 2021

Organizations are being driven to rapidly undertake digital transformation by recent market trends such as migration to cloud services, servitization, and cybersecurity measures becoming the new norm. IT spend is spearheading the growth of an organization, with IT spending worldwide expected to reach about US$4.2 trillion in 2021, an 8.6%

Sourcing 130

Sourcing Cybersecurity Right-Sizing Risk Management 130

NoonDalton

NOVEMBER 8, 2023

In the fast-paced world of global commerce, ‘outsourcing’ has often been synonymous with cost-cutting and efficiency—sometimes at the expense of ethical considerations and long-term sustainability. However, a new paradigm is emerging: Ethical Outsourcing. What is Ethical Outsourcing?

Outsourcing 52

Outsourcing Accounting Regulations Strategic Sourcing 52

SIG Speaks

JUNE 1, 2023

Though there were several weeks that I found the content more relatable than others, I particularly enjoyed the coursework in week 4, relating to Supply Chain and outsourcing. Before taking this course, I was in the dark regarding supply chain issues and how much of an impact Outsourcing played in modern-day business.

Outsourcing 40

Outsourcing Strategic Sourcing Sourcing Sales 40

Future of Sourcing

MARCH 15, 2023

SIG is widely known as a forum for sharing “next” practices and thought leadership through live networking events, virtual forums, and a comprehensive online SIG resource center (SRC), which was developed by and for professionals in sourcing and outsourcing.

Advisory 59

Advisory Co-Sourcing Strategic Sourcing Sourcing 59

SourcX

OCTOBER 12, 2020

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? Next, leadership must assess the market of suppliers.

Strategic Sourcing 52

Strategic Sourcing Sourcing Labor Costs Out-Tasking 52

SIG Speaks

APRIL 14, 2023

SIG University Certified Sourcing Professional (CSP) program graduate Jason Feldman provides an example of corporate market data renewal and how it applies to sourcing.

Marketing 40

Marketing Banking Sourcing Strategic Sourcing 40

Planergy Software

SEPTEMBER 24, 2021

The COVID-19 pandemic has been both vilified as a killer of traditional business paradigms and praised as an unlooked-for blessing for businesses swift, innovative, and lucky enough to adapt to rapidly shifting market conditions. It also eliminates data silos and reduces the risk of miscommunication.

Finance 97

Finance Collaborations Robotics Process Automation Flexibility 97

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

SIG Speaks

OCTOBER 12, 2023

In this paper, I will highlight the effects of AI on reporting, outsourcing, and contract management as we learned in the lessons. If approached correctly, this could deliver breakthrough performance in accountability and collaboration – “two fundamental values of great sourcing performance."

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

MAY 16, 2023

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. But the workforce has changed. A crowdsourcing organization could be the solution to this highly competitive labor market.

Sourcing 40

Sourcing Strategic Sourcing Engineering Regulations 40

SIG Speaks

NOVEMBER 28, 2022

My strategic sourcing team is providing great value right now to my company. No one knows how bad things are going to get or how long they’re going to last, but I can say confidently that sourcing activities will remain central to the health of my organization moving forward. learn more. .

Sourcing 40

Sourcing Strategic Sourcing Supply Chain Management Software 40

SIG Speaks

APRIL 29, 2022

The loss in market share, investment in the company, and attracting and retaining top talent are just three fallout areas from those who do not take immediate action. Director Strategic Sourcing (American Tire Distributors), Mike Morsch , VP Procurement and Supply Chain (CDK Global), and Nagy Gad , Sr. Bottling ESG Success.

Strategic Sourcing 40

Strategic Sourcing Manufacturing Sourcing Government 40

SourcX

OCTOBER 11, 2020

By manufacturing in countries like China, India, Vietnam, Bangladesh, and the Philippines, companies gain access to a low cost labor market that can save them a lot of money. These services allow manufacturers to outsource much of the legwork to procurement professionals that have a great handle on dealing with foreign regulations.

Manufacturing 52

Manufacturing Labor Costs Regulations Pharmaceuticals 52

Obobo

DECEMBER 17, 2021

In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategic sourcing in order to survive harsh economic declines. Savings tracking refers to a method of estimating how much a company will save by using strategic sourcing and other cost-effective tactics.

Strategic Sourcing 52

Strategic Sourcing Finance Software Out-Tasking 52

SIG Speaks

JANUARY 13, 2023

Sourcing involves four significant steps Assess , Analyze , Execute and Evaluate. . Assess - include the internal and external analysis of the organization, and gather information on the market, supply, and cost. The research includes the sourcing strategy approach, supply market and supplier selection, and category management.

Sourcing 40

Sourcing Strategic Sourcing Impact Sourcing Government 40

SIG Speaks

JUNE 14, 2022

The hybrid procurement method combines a central procurement base with subject matter experts (SMEs) already in each department to balance stakeholders' functionalities and strategic sourcing, which gives the business the best of both worlds. . The Four-Space Grid. It is a win-win for everyone. learn more. .

Strategic Sourcing 40

Strategic Sourcing Sourcing Banking Retail 40

SIG Speaks

MAY 10, 2022

As a Procurement Category Manager, I oversee the Marketing, Sales, Human Resources, and Facilities Operations categories of spend. The most considerable spend comes from Marketing. I never had an explicit exclusion (that I know of) from my other types in a sourcing event due to this. Stakeholder Ranking. learn more. .

Management 40

Management Third Party Contracting Human Resources Strategic Sourcing 40

SIG Speaks

MAY 31, 2023

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations.

Management 40

Management Supply Chain Management Strategic Sourcing Sourcing 40

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It involves procuring services from outside sources and managing the relationship with supplier or service provider. Marketing procurement is a common case where services procurement is required.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

SIG Speaks

APRIL 6, 2023

This problem is that when a sourcing review is started, far too many assumptions about the environment are made. Rather than properly assessing the market, we too frequently assume we understand our supplier’s positions and capabilities. In that time, they have learned a lot about the Industry, including what our suppliers can make.

Strategic Sourcing 40

Strategic Sourcing Sourcing Analytics Sales 40

SIG Speaks

MARCH 10, 2023

The Certified Sourcing Professional (CSP) Program is a 10-week course that focuses on the hard and soft skills of sourcing, including strategic sourcing and outsourcing methodologies, as well as best practices in negotiations.

Strategic Sourcing 40

Strategic Sourcing Sourcing Sales Administrative 40

SIG Speaks

JUNE 13, 2023

For example, a stakeholder in branding & marketing may be less interested in hearing about supply chain constraints, while an operations stakeholder may not want to sit through a 30-minute presentation on creative design capabilities. They may also vary in the type of information they need to be aware of.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

SIG Speaks

OCTOBER 19, 2023

Through these presentations, procurement professionals can articulate their understanding of the business landscape, market dynamics, and potential risks and opportunities. Executive presentations are a valuable platform to highlight the outcomes of strategic sourcing initiatives and cost-saving measures.

Strategic Sourcing 40

Strategic Sourcing Sourcing Manufacturing Risk Management 40

SIG Speaks

JULY 14, 2023

Putting in place regular business reviews, coupled with market and spend analysis, should reveal any adjustments that need to be made over time to continue realizing the total value of the category strategy.

Management 40

Management Strategic Sourcing Sourcing Design 40