This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
Sourcing is getting smarter. To start, many organizations have already pivoted from a tactical to a strategicsourcing mindset—which can make all the difference when it comes to gaining and retaining a competitive advantage. But now, the benefits of strategicsourcing are becoming even more attainable thanks to innovation.
Securing competitive advantage means mastering emerging technologies and developing strategies that incorporate riskmanagement, data-driven decision making, and a collaborative, agile approach. For chief financial officers (CFOs), this need is even more urgent. Consequently, today’s CFOs need new skill sets and talents.
In light of the ongoing effects of the pandemic, it is essential that businesses keep track of all cost reduction initiatives and strategicsourcing in order to survive harsh economic declines. This task is challenging, but not impossible. Find Out More. Table of Contents. What is Savings Tracking? No contracts to cancel.
Our supplier riskmanagement team also sits outside of the corporate procurement department. This could be anyone from information technology support, legal, supplier riskmanagement, and even the supplier outside the company running the engagement. Within Raymond James, our legal team sits outside the department.
Even though the finance department is responsible for all company expenditures, in many cases they have been informed about expenses after the fact, often resulting in overspending and out-of-control expenses. Procurement is responsible for finding and managing the proper outside resources for a business.
How strategicsourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This led to a series of successful animated films under the joint banner, such as “Up,” “WALL-E,” and “Inside Out.” How to gain visibility and control of your indirect spend.
We organize all of the trending information in your field so you don't have to. Join 19,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content