Obobo

JUNE 15, 2022

How will using eSourcing , as well as eRFx ultimately help business owners make more informed decisions when it comes to their strategic sourcing initiatives? RFx brings together RFIs , RFPs and RFQs , and is, therefore, an acronym that is used more frequently in strategic sourcing and procurement. .

Strategic Sourcing 52

Strategic Sourcing Sourcing Software Streamline Operations 52

SIG Speaks

JUNE 13, 2023

PMs should assess each player’s level of category knowledge, distance to operational tasks, level of seniority, and level of ownership. For example, more senior stakeholders with less involvement in operational tasks and less availability may only want to be involved at a high level and shown only critical information.

Management 40

Management Supply Chain Management Strategic Sourcing Out-Tasking 40

Future of Sourcing

MAY 11, 2023

Keelvar’s Autonomous Sourcing solution meets this demand by empowering business users, not just the sourcing team, to manage frequent spot bids and low-spend events themselves all while keeping governance with the sourcing team. “There are two major things we look for and get with Keelvar.

Sourcing 52

Sourcing Strategic Sourcing Automation Out-Tasking 52

IBM Services

JANUARY 16, 2024

The relentless pace of technological advances can mean even the most innovative start-up finds a once-successful product suddenly out-performed or obsolete. This is where a product management team becomes increasingly important, as sourcing can require extensive collaboration between vendors and across multiple processes.

Engineering 80

Engineering Manufacturing Collaborations Research 80

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Services procurement is a complex task that involves finding the perfect individual or organization to complete the job. If nearly one out of every 3 projects goes south, that’s a lot of lost time (and money.)

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

APRIL 7, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The companies that have come out on top as a result of the pandemic chaos are those that made the shift from being reactionary to proactive. These tasks, are often repetitive and dull making it easy for errors just show up.

Analytics 52

Analytics Strategic Sourcing Robotics Process Automation Out-Tasking 52

Planergy Software

DECEMBER 29, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Sometimes, procurement managers may reach out to an agency looking to review their social media channels. Best Practices for Your Marketing Procurement Process and Strategic Sourcing. Download Free Copy.

Marketing 52

Marketing Strategic Sourcing Out-Tasking Sourcing 52

SIG Speaks

DECEMBER 20, 2022

Intelligent Process Automation does not take employees out of the loop. Instead, it allows employees to increase their contribution by taking away mundane, repetitive tasks. Intelligent automation benefits span the entire Source-to-Pay process. This frees up employees to use their cognitive skills to improve their business.

Automation 40

Automation Strategic Sourcing Data Entry Sourcing 40

SIG Speaks

MAY 10, 2022

To summarize, stakeholder management is one of the most critical components of being a sourcing professional. I find that it is a task that I am working on even when I am not aware that I am doing so. learn more. .

Management 40

Management Third Party Contracting Strategic Sourcing Human Resources 40

SIG Speaks

AUGUST 3, 2023

AI or machine learning is excellent for running mundane tasks like searching for specific contract clauses. 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 Retail Analytics Sourcing 40

Planergy Software

MARCH 2, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Tail spend is often unmanaged spend because it’s spread out across multiple departments and suppliers. Tail spend can be an important source of savings and efficiency gains.

Strategic Sourcing 52

Strategic Sourcing Reduced Costs Sourcing Efficiency 52

Planergy Software

OCTOBER 25, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Estimate your direct costs by breaking your project into smaller tasks and assigning cost estimates to each task. Assign tasks to team members and track their progress. Download Free Copy. Written by.

Management 52

Management Out-Tasking Software Finance 52

Planergy Software

OCTOBER 4, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Batch processing is a technique used in data processing to speed up the execution of a task by dividing it into a series of smaller tasks that can be executed concurrently. Download Free Copy. Written by.

Analytics 52

Analytics Out-Tasking Right-Sizing Sourcing 52

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Expense reimbursement allows businesses to accurately track their spending and ensure that employees are not out of pocket for any legitimate business-related costs. How to gain visibility and control of your indirect spend.

Management 52

Management Accounting Finance Out-Tasking 52

Obobo

JANUARY 15, 2023

This can be accomplished through a variety of methods, such as negotiating better prices with suppliers, streamlining the procurement process, or using procurement software to automate repetitive tasks. These solutions can help organizations save time and money by automating many of the tasks involved in the procurement process.

Out-Tasking 40

Out-Tasking Reduced Costs Strategic Sourcing Automation 40

SIG Speaks

NOVEMBER 8, 2022

Here, the COE will evolve to effectively work through 5 essential tasks starting with creating strategic objectives. After figuring out the what and the how it is now the responsibility of the COE to consider what governance structure needs to be set in place. Learn More. .

Automation 40

Automation Strategic Sourcing Sales Design 40

SIG Speaks

SEPTEMBER 27, 2022

In today's climate, Procurement has been tasked to review its processes and systems and do things better, faster, and cheaper to enable improvements to the procurement and supply management processes to transform the activities in support of a long-term solution. . . learn more. .

Co-Sourcing 40

Co-Sourcing Administrative Extended Teams Sourcing 40

SIG Speaks

MAY 10, 2022

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. I look forward to additional certifications in the future! . learn more. .

Sourcing 40

Sourcing Risk Management Risk Management Strategic Sourcing 40

Planergy Software

APRIL 19, 2022

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. Purchase orders also root out inefficiencies, by helping to clarify what has been ordered, and can even specify the delivery date.

Finance 52

Finance Accounting Out-Tasking Manufacturing 52

Planergy Software

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. There are two types of external catalogs – vendor self-managed and punch-out catalogs. On the other hand, a punch-out catalog gives buyers access to the vendor’s website through the buyer’s procurement software.

Management 52

Management Inventory Management Regulations E-Commerce 52

SIG Speaks

MAY 9, 2023

Even research and development activities of automobile companies or even defense sectors have adopted outsourcing for their critical tasks. Most large-scale construction of tunnels, bridges, or roads for public or private players is dealt with by contractors who are masters of their field.

Outsourcing 40

Outsourcing Offshoring Sourcing Collaborations 40

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, 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.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Planergy Software

SEPTEMBER 6, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Among the various types of budgeting, strategic budgeting stands out as a powerful tool for achieving long-term financial goals. How to gain visibility and control of your indirect spend.

Right-Sizing 52

Right-Sizing Finance Collaborations Accounting 52

Planergy Software

NOVEMBER 18, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. This acronym is a great way to ensure that your organization’s goals are well thought out and will lead to successful results. How to gain visibility and control of your indirect spend. Download Free Copy.

Sales 52

Sales Finance Marketing Management 52

Planergy Software

JULY 27, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You can also automate expense reporting, streamlining reimbursement approval and cutting down on the manual tasks in the process. How to gain visibility and control of your indirect spend.

Data Entry 52

Data Entry Finance Software Accounting 52

Planergy Software

DECEMBER 25, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These tasks require dealing with multiple data sources, assumptions, scenarios, and stakeholders, all while facing tight deadlines, changing expectations, and market volatility.

Finance 52

Finance Software Automation Analytics 52

Planergy Software

DECEMBER 22, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. While smaller businesses may be able to predict incoming cash, it’s an impossible task for larger businesses with hundreds or even thousands of customers. How to gain visibility and control of your indirect spend.

Sales 52

Sales Accounting Inventory Management Finance 52

IBM Services

JANUARY 31, 2024

Here are some of the most common types of sourcing: Outsourcing Outsourcing is using a domestic or foreign third-party to carry out an activity or provide goods or services that are typically provided in house. It involves outsourcing a specific task or obligation to a subcontractor or service provider.

Sourcing 98

Sourcing Strategic Sourcing Outsourcing Supply Chain Management 98

Planergy Software

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Education data management systems take the guesswork out of this process by providing actionable insights about where resources should be directed, which is especially helpful with GAG pooling.

Management 52

Management Administrative Facilities Management Payroll 52

Planergy Software

DECEMBER 11, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. These trusts stand out due to their consistently high performance, innovative teaching methods, robust governance, and commitment to continuous improvement and digital transformation.

Government 52

Government Collaborations Finance Accounting 52

Planergy Software

MARCH 20, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Efficient Use of Resources to Maximize the Value of Each Pound Spent MATs are tasked with making their budgets stretch as far as possible without sacrificing the quality of education.

Co-Sourcing 52

Co-Sourcing Reduced Overhead Finance Right-Sizing 52