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4 smart technologies modernizing sourcing strategy

IBM Services

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
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What are the different types of sourcing?

IBM Services

Sourcing isn’t just a concern for procurement teams. The sourcing process sits within supply chain management and is used for identifying, vetting and selecting the best suppliers. Think of it this way: sourcing is the “who” (the suppliers themselves) and procurement is the “what” (goods and services).

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Strategic Sourcing Enables IT To Support Growth Initiatives

Sourcing Advisors Group

Regardless of the chosen set of investments, it is not uncommon that Chief Information Officers (CIOs) and their teams are tasked with incremental responsibilities, particularly given the focus of many businesses is on Digital Transformation and other Digital Initiatives.

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What are the Benefits of a Strategic Sourcing Software?

Obobo

What are the Benefits of a Strategic Sourcing Software? Strategic sourcing is a process that involves evaluating and negotiating with suppliers to ensure the best price, quality, and delivery of goods. What is Strategic Sourcing Software? There are many benefits of using strategic sourcing software.

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Keelvar Unveils First of its Kind Autonomous Sourcing Solution, for Transformed Outcomes Across Strategic, Tactical and Tail Spend

Future of Sourcing

The announcement makes Keelvar the only provider in the market to offer an optimization and automation solution in one tool for transformed sourcing across the full spend lifecycle – from strategic to tail – with no training or sourcing experience required.

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Diverse Revenue Streams for Schools: Boost Financial Sustainability

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. There are a few out-of-the-box ways you can ethically bring in additional revenue. A MAT-wide financial team allows you to centralize administrative tasks so school-level staff can focus on core responsibilities.

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What is Procurement Consulting and What Do They Do?

SourcX

Many businesses acknowledge the advantages of sourcing in low cost countries. 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?