Remove Regulations Remove Strategic Sourcing Remove Supply Chain Management
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4 strategic sourcing use cases to strengthen your supply chain

IBM Services

For sourcing teams, that means pivoting their mindset around selecting suppliers from a tactical, lowest-cost-above-all approach to a strategic one. Where tactical sourcing is a short-term strategy, strategic sourcing is for long-term business goals. And from that group, 71% would pay a premium for it.

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Supply Chain Decisions: Skills and Best Practices

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Supply Chain Decisions: Skills and Best Practices. Process & Procedures Sourcing Supply Chain Management. The strategic level addresses the big picture and general decisions.

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Supply Chain Risks: Different Types and How To Mitigate Them

Planergy Software

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 report and analyze indirect spend to identify savings opportunities.

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Supplier Tiers: What’s The Difference Between Tier 1, Tier 2, and Tier 3

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. It allows companies to develop relationships with key suppliers who provide the best value for money and services, allowing for easier supply chain management and lower supply chain risk.

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Services Procurement: What Is It and How To Manage It

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. Doing Business Once you’ve started working with a vendor, having a clear statement of work and adequate contract management is key. How to gain visibility and control of your indirect spend.

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ESG In Supply Chain: Creating a Sustainable Value Chain

Planergy Software

How strategic sourcing, cost management, and cost avoidance strategies can be applied to indirect spend. ESG In Supply Chain: Creating a Sustainable Value Chain. Or, they made you may be trying to stay ahead of increasingly strict regulations. How to gain visibility and control of your indirect spend.

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Vendor Analysis: What Is It, Process, Types, and Best Practices

Planergy Software

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.