Future of Sourcing

JULY 28, 2023

Innovations in Sustainability Dräeger – Using Smart Processes to Create Resilient Supply Chains SAP / DSM - Firmenich – How Royal DSM and SAP Digitalized Global Procurement Processes for Strategic Source-to-Pay Capabilities and Sustainability Safety Projects International, Inc.

Facilities Management 52

Facilities Management Robotics Process Automation Retail Strategic Sourcing 52

SIG Speaks

MAY 16, 2023

A decade ago, outsourcing procurement and engineering functions to a crowdsourcing organization would have seemed radically innovative, especially in regulated utilities. But the workforce has changed. The COVID pandemic made working from home the mainstream.

Sourcing 40

Sourcing Strategic Sourcing Engineering Regulations 40

IBM Services

DECEMBER 13, 2023

Examples of goals that are common to many procurement strategies include eliminating maverick spending, increasing delivery efficiency, minimizing errors and complying with applicable regulations. Building strong supplier relationships to encourage favorable contracts and service is also a common goal.

Sourcing 70

Sourcing Administrative Collaborations Strategic Sourcing 70

SIG Speaks

OCTOBER 12, 2023

In my experience in financial services, security, and privacy laws are being regulated more every year. Additionally, with data collection practices, companies should consider any privacy concerns and adhere to data protection regulations to mitigate these risks effectively when deploying AI solutions4.

Sourcing 40

Sourcing Strategic Sourcing Outsourcing Regulations 40

SIG Speaks

SEPTEMBER 28, 2023

This analysis attempts to explore how procurement and sourcing functions of publicly traded technology companies with market capitalizations between $15 billion to $35 billion (“Tech Company”) can evaluate, implement, and monitor emerging Environmental Social and Governance (“ESG”) regulations within their supply chain.

Sourcing 40

Sourcing Right-Sizing Strategic Sourcing Finance 40

SIG Speaks

AUGUST 17, 2023

And we must create policies and processes that provide the guidelines to regulate sourcing activities. When I began working with my organization, we needed an E-sourcing tool to manage our process, identify the correct stakeholders, and provide timely updates. The hope was to streamline the source-to-contract process.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Engineering 40

SIG Speaks

NOVEMBER 17, 2022

What I’ve been trying to do in each position I held was to create processes and resources that are fully integrated into a sourcing organization so that if the person managing the sustainability or supplier diversity program were ever to leave the company (for whatever reason), the sourcing organization is still set up to maintain the program.

Strategic Sourcing 40

Strategic Sourcing Sourcing Regulations Government 40

NoonDalton

NOVEMBER 8, 2023

Laws and regulations vary widely from country to country, and what is considered ethical in one region may not be the same in another. This requires businesses to have a robust understanding of regional regulations and to implement policies that meet the highest standards of ethical practices.

Outsourcing 52

Outsourcing Accounting Regulations Strategic Sourcing 52

Planergy Software

JANUARY 18, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Compliance and Legal Requirements All businesses must provide prospective buyers with compliant information applicable to industry regulations and laws. How to gain visibility and control of your indirect spend.

Management 52

Management Inventory Management E-Commerce Regulations 52

Planergy Software

JULY 5, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Department of Labor has set regulations regarding the proper documentation of employee expenses, requiring all items to be meticulously recorded with receipts provided and all five “Ws” attended to.

Management 52

Management Accounting Finance Out-Tasking 52

Planergy Software

JANUARY 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Companies should aim to form relationships with suppliers that uphold ethical standards and regulations to avoid becoming complicit in any wrongdoing by association. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Regulations Manufacturing Finance 52

Planergy Software

JULY 21, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Whether you work with a small business or enterprise-level partner, strategic sourcing is key because you want to keep stakeholders happy. How to gain visibility and control of your indirect spend.

Management 52

Management Service Strategic Sourcing Supply Chain Management 52

Planergy Software

JULY 27, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Compliance With Internal Controls Expense reports can help you ensure compliance with internal policies and external regulations. How to gain visibility and control of your indirect spend.

Data Entry 52

Data Entry Finance Software Accounting 52

Planergy Software

AUGUST 8, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. You should also make sure that you are aware of any laws or regulations related to purchasing from a particular supplier so that you don’t run into any legal issues down the line.

Sourcing 52

Sourcing Strategic Sourcing Finance Automation 52

Planergy Software

MARCH 29, 2022

Critical data is displayed in meaningful, insightful ways to help business leaders make informed business decisions such as forecasting, planning, analysis, risk management, strategic sourcing, operational complexcity reductions, and anti-fraud monitoring — to name a few.

Analytics 52

Analytics Accounting Finance Strategic Sourcing 52

Planergy Software

FEBRUARY 9, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It’s efficient and cost-effective to have a predetermined budget for each employee that adheres to the company’s financial regulations – this ensures employee reimbursements are issued following company standards.

Finance 52

Finance Regulations Insurance Management 52

Planergy Software

JULY 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Or, they made you may be trying to stay ahead of increasingly strict regulations. Excelling in DSG reduces transition risk by helping organizations stay ahead of changes in regulation and stakeholder sentiment.

Supply Chain Management 52

Supply Chain Management Sourcing Manufacturing Finance 52

SIG Speaks

DECEMBER 6, 2022

The AP team would make sure that the suppliers are set up correctly and that all Government regulations are followed. . For example, module 8 states that the Legal Team handles the contract management of the executed contracts in the contract module.

Government 40

Government Retail Banking Strategic Sourcing 40

Planergy Software

OCTOBER 18, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Businesses can ensure that employees comply with internal and external regulations by centralizing the travel booking process and establishing clear procedures. How to gain visibility and control of your indirect spend.

Finance 52

Finance Reduced Costs Management Risk Management 52

Planergy Software

JANUARY 26, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Doing so reduces the risk of compliance violations and protects you against the enforcement of new regulations. How to gain visibility and control of your indirect spend.

Supply Chain Management 52

Supply Chain Management Risk Management Risk Management Government 52

Obobo

FEBRUARY 14, 2023

This can be accomplished through a variety of means, including strategic sourcing, contract management , spend analysis, and supplier relationship management. Moreover, cost avoidance can help organizations better manage risk and improve compliance with internal policies and external regulations.

Automation 52

Automation Sourcing Strategic Sourcing Analytics 52

Planergy Software

APRIL 5, 2022

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Your long-term goal must account for any potential and actual changes in regulations and laws so that your operations can adapt to them accordingly. How to gain visibility and control of your indirect spend. Written by.

Supply Chain Management 52

Supply Chain Management Manufacturing Sourcing Accounting 52

Planergy Software

JANUARY 19, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. That’s why vendor analysis is essential to any successful procurement process – it helps ensure that companies procure from reliable suppliers at competitive prices while adhering to applicable regulations.

Risk Management 52

Risk Management Risk Management Supply Chain Management Sourcing 52

Planergy Software

SEPTEMBER 12, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. To avoid regulatory hurdles, companies must carefully assess the competitive landscape, consider the impact of their actions on market dynamics, and ensure compliance with all relevant laws and regulations.

Manufacturing 52

Manufacturing E-Commerce Human Resources Marketing 52

Obobo

MARCH 23, 2023

Finally, long-term strategies may include the development of partnerships with suppliers and even the implementation of strategic sourcing. Implement strategic sourcing by establishing a long-term plan that balances costs, risks, and benefits.

Reduced Costs 52

Reduced Costs Inventory Management Automation Sourcing 52

Everest Group

OCTOBER 31, 2022

Similarly , the European Union (EU) Medical Device Regulation (MDR) , which regulates the production and distribution of medical devices, mandates MedTech enterprises place a Unique Device Identifier (UDI) for better visibility and tracking of products across the supply chain.

Pharmaceuticals 130

Pharmaceuticals Manufacturing Strategic Sourcing Regulations 130

Everest Group

OCTOBER 31, 2022

Supply chain visibility, strategic sourcing, cold chain requirements, sustainability demands, and personalized medicine are creating opportunities in the life sciences supply chain for IT partners delivering digital solutions. Read this first part of our blog series to understand the shift that is underway.

Pharmaceuticals 130

Pharmaceuticals Strategic Sourcing Manufacturing Regulations 130

Everest Group

DECEMBER 26, 2024

For more information on how Everest Group processes your personal information, please read our Privacy Notice (www.everestgrp.com/privacy-notice-for-applicants-employees-and-contractors/).

Healthcare 100

Healthcare Advisory Research Strategic Sourcing 100

Planergy Software

MARCH 10, 2025

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Privacy Compliance Educational institutions must adhere to data protection regulations such as FERPA (Family Educational Rights and Privacy Act) in the U.S. or GDPR (General Data Protection Regulation) in Europe.

Management 52

Management Administrative Facilities Management Payroll 52

Planergy Software

DECEMBER 16, 2024

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Cristian Maradiaga King Ocean Book a Live Demo Download a free copy of "Indirect Spend Guide", to learn: Where the best opportunities for savings are in indirect spend. How to gain visibility and control of your indirect spend.

Finance 52

Finance Automation Reduced Costs Management 52

Planergy Software

DECEMBER 11, 2023

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. The Department for Education regulates the trust and operates 46 schools, making it a significant educational provider in North England. How to gain visibility and control of your indirect spend.

Government 52

Government Collaborations Finance Accounting 52