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

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. And from that group, 71% would pay a premium for it.

Strategic Sourcing 84

Strategic Sourcing Sourcing Supply Chain Management Inventory Management 84

Perficient Digital Transformation

OCTOBER 14, 2024

Organizations must manage a myriad of products and services, ensuring that they are sourced, purchased, and delivered efficiently. Efficient Sourcing and Bidding: Item classification helps in the efficient sourcing of products. Item classification helps ensure that procurement processes adhere to these standards.

Pharmaceuticals 52

Pharmaceuticals Manufacturing Sourcing Strategic Sourcing 52

SIG Speaks

JANUARY 5, 2022

SIG University Certified Supplier Management Professional (CSMP) program graduate Gicela Isla-Richter breaks down the importance of the selecting the correct sourcing business model and the levels of supplier management. There are four levels of supplier management: Purchase Order management – its basic purchasing function.

Sourcing 40

Sourcing Government Right-Sizing Risk Management 40

IBM Services

APRIL 4, 2024

By connecting workflow management, centralizing data management , and fostering collaboration and communication, BPM enables organizations to remain competitive by providing access to accurate and timely data. Workflows can be established that govern each stage of the procurement lifecycle, from sourcing to payment.

Management 58

Management Out-Tasking Automation Inventory Management 58

Obobo

JANUARY 13, 2023

SAP Ariba: This software is a cloud-based solution that helps organizations manage their procurement processes. It includes features such as contract management, sourcing, and supplier relationship management. It includes features such as spend analysis, sourcing, contract management, and accounts payable automation.

Software 40

Software Management Out-Tasking Inventory Management 40

Capgemini

JANUARY 30, 2025

Since the COVID-19 pandemic hit in 2020, organizations have become cautious and started taking a systematic approach to mitigating supply chain risks. Disruptions in key geographies continue to contribute to sourcing and logistical uncertainties, blocking the movement of goods.

Manufacturing 52

Manufacturing Supply Chain Management Collaborations Out-Tasking 52