Obobo

MARCH 23, 2023

For companies looking to reduce costs, procurement is often one of the first places they look. Cost reduction during procurement processes can be accomplished through various strategies that range from the short-term to medium and long-term goals. Short-term Cost Reduction Strategies Short-term Cost Reduction Strategies: 1.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Obobo

FEBRUARY 2, 2023

Supplier Management- The Ultimate Guide to Supplier Management and Software Supplier management is an important part of running a successful business. It involves understanding the different roles your suppliers play and how to manage them effectively. What is supplier relationship management (SRM)?

Software 52

Software Management Right-Sizing Reduced Costs 52

Obobo

AUGUST 16, 2022

Consider these best practices as you build the right supplier management system for your business. There is more to procurement than cutting costs and finding the cheapest deal. Your company may need a risk assessment professional or a risk assessment committee, depending on its size. Table of Contents.

Management 52

Management Right-Sizing Supply Chain Management Strategic Sourcing 52

Obobo

JANUARY 13, 2023

In this blog post, we will provide a definition of what cost tracking tools are and explore how they can help businesses manage their costs more efficiently. What are Cost Tracking Tools? There are many cost tracking tools available on the market today. How to Choose the Right Cost Tracking Tool for Your Business.

Supply Chain Management 40

Supply Chain Management Right-Sizing Finance Inventory Management 40

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. However, with a plethora of AI tools available, selecting the right one for your specific needs can be a daunting task.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. However, with a plethora of AI tools available, selecting the right one for your specific needs can be a daunting task.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Amzur

JANUARY 18, 2024

With the proliferation of data and technological maturity across industries, AI implementation has become a lynchpin in bringing new levels of automation, consistency, scalability, and reduced costs. However, with a plethora of AI tools available, selecting the right one for your specific needs can be a daunting task.

Data Entry 52

Data Entry Right-Sizing Robotics Process Automation Automation 52

Planergy Software

MARCH 24, 2022

As you work to build the right supplier management system for your business, consider these best practices. Determine Business Requirements Procurement is about more than cutting costs and trying to find the least expensive deal. Use PLANERGY to manage purchasing and accounts payable. Download PDF.

Management 52

Management Insurance Supply Chain Management Right-Sizing 52

Obobo

MARCH 19, 2023

Vendor contracts management is a critical component of any business, no matter its size or industry. In this article, we’ll provide an overview of vendor contract management and how it can benefit your business. Licensing agreements govern the use of software or intellectual property rights.

Management 40

Management Reduced Costs Automation Accounting 40

IBM Services

FEBRUARY 9, 2024

According to a recent IBM survey of over 1,000 employees at enterprise-scale companies , the top three factors driving AI adoption were advances in AI tools that make them more accessible, the need to reduce costs and automate key processes and the increasing amount of AI embedded into standard off-the-shelf business applications.

Right-Sizing 102

Right-Sizing Out-Tasking Sourcing Research 102