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Search Term : Strategic Sourcing (41 articles matching your query)

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   The Journey to Strategic Sourcing: A Roadmap
Benefits of a Strategic Approach to Procurement In today’s competitive business environment, procurement departments are being challenged to do more with less and find creative ways to cut costs, mitigate risk, improve the quality of contracts and serve internal customers faster.
White Papers
   Client Q&A with Mike Maguire, VP of Strategic Sourcing at Premier, Inc.
By: AdministratorThis month, we caught up with Mike Maguire, Vice President of Strategic Sourcing at Premier, Inc., to find out what’s going on in his world of procurement.
Save Money
   Client Q&A with Rick Sylvia, Strategic Sourcing at Newport News Shipbuilding
By: Administrator This month, we caught up with Rick Sylvia, Strategic Sourcing – Market Intelligence, at Newport News Shipbuilding to find out what’s going on in his world of procurement.
Reduce Risk
   Is It Realistic for Every Department to Be Strategic?
By: IBISWorld Staff Writer, Savannah George Strategic sourcing has many benefits, but it may not always be the right approach for every organization and budget.
Set Strategy
   Strategic Sourcing: How Government Agencies Can Maximize Their ROI
By: IBISWorld Analyst, Anna SonWith more than $1.2 trillion in annual discretionary spending, federal agencies have a significant impact on the US economy.
Negotiate
   Strategic Procurement: A CFO's Guide to Getting There
By: Niclas Rosenlew, CFO at Basware What do we hear from procurement professionals all the time in the industry of Procure to Pay? “Help me be more strategic” or “I want to demonstrate the value of procurement” or “Give me the tools to practice strategic procurement” or “How can I influence the big decisions being made?” The good news is, there is a way to make these things happen – but you must be keenly focused on two things: data and analytics.
Set Strategy
   Global Sourcing with IBISWorld Procurement Research
As the business world becomes more interconnected on a global scale, it’s important to have tools that are applicable to your work both domestically and internationally.
Assess Opportunity
   6 Steps to Becoming a Strategic Procurement Department
By: IBISWorld Staff Writer, Hilary O'Brien Many purchasing departments are starting to think about how they can approach procuring indirect products and services in a more strategic way.
Set Strategy
   How to Handle a Last-Minute Sourcing Meeting Like a Pro
By: IBISWorld Staff Writer, Savannah George How many times has it happened to you? You’re in the zone, plugging away at your desk, when all of a sudden you get called into a last-minute meeting about a new product that an internal business unit just has to have – and now.  With only 10 minutes to spare, how do you quickly arm yourself with enough information to speak intelligently about the subject? Like most people, your first stop is probably a quick Google search.
Improve Credibility
   A Leading Financial Services Company Scores a Trifecta of Success
How Market Intelligence helped Save Money, Reduce Risk and Set Strategy Procurement’s Challenge Historically, a leading financial services company contracted with multiple security service partners across ten separate locations through labor and services agreements.
Save Money
   IBISWorld Launches Fast Tracks
By: IBISWorld Content Marketer, Ashley McKay Make our data and research work for you! At IBISWorld, we’re always looking for ways to make your job easier! And, after an overwhelmingly positive response to our proposed redesign, we’ve changed the way you view our website.
Set Strategy
   Client Case Study: RPI
Top Tech University Saves Over $100k Using Category IntelligencePlus, the Procurement Services Department discovers time savings.ChallengeThe Procurement Services Department at Rensselaer Polytechnic Institute (RPI) takes pride in acquiring products and services aimed at delivering the best value to campus.
Save Money
   Client Q&A with Suzanne Aquino, Global Category Manager at Chain IQ
By: AdministratorThis month, we caught up with Suzanne Aquino, Global Category Manager – Outsourcing, Offshoring and Professional Services, at Chain IQ to find out what’s going on in her world of procurement.
Set Strategy
   Indirect Influence: Drive your Marketing Spend with Procurement
By: Hubert Lachance, Author & Corporate Buyer Historically, procurement’s main focus has been on reducing raw material and component prices.
Improve Credibility
   Using Market and Category Intelligence to Achieve Procurement Goals
To do your job well, you need market, supplier and category information that is accurate, unbiased and up-to-date.
Set Strategy
   Procurement Insider’s Macroeconomic Update: Q2 2017
By: IBISWorld Analysts, Braden Baseley & Torsten Edstam Each quarter, IBISWorld prepares an update that identifies the most significant recent macroeconomic trends affecting procurement professionals.
Set Strategy
   No Matter the Category, We've Got a Report For It
IBISWorld’s Procurement Research Reports help procurement and purchasing professionals gain the knowledge and expertise they need to make informed sourcing decisions.
Assess Opportunity
   Invest in Wildfire Protection Techniques to Reduce Insurance Costs
As originally published in Construction Executive's Managing Your Business By: IBISWorld Analyst, Deonta Smith Over the past decade, wildfires have grown in size, duration and destructiveness due to the boom in biomass fuel production, changing climate conditions, rising temperatures, widespread drought and earlier snowmelt.
Reduce Risk
   Vendor Management: Practical Steps in Making the Best of Your Top-Tier Vendors
By: Usman Masrur, Consultant on Strategic Initiatives, Outsourcing & Vendor Partnership Management in Healthcare and Financial Sectors Whether you are selecting a new vendor, managing existing vendors or preparing to go-to-market, instilling a culture of good vendor management can help build your organization’s resilience.
Set Strategy
   Trump’s Budget Blueprint & Government Procurement
By: IBISWorld Analyst, Sean Windle On May 4, President Trump signed a $1.1 trillion short-term budget bill into law to avoid a government shutdown and to fund the federal government through September.
Assess Opportunity
   Consultative Procurement: Asking Questions & Influencing Outcomes
By: Kelly Barner, Owner and Editor of Buyers Meeting Point A more consultative approach to procurement can bring big benefits.
Improve Credibility
   Procured in the USA
By: IBISWorld Analyst, Thomas Larson “Locally Sourced” signs are plentiful in the aisles of farmers’ markets, grocery stores and retail businesses.
Identify Suppliers
   Case Study Santa Clara
Using Procurement Research to Save Time and MoneyThe County of Santa Clara used IBISWorld’s Procurement reports as a source of incisive intelligence to cut costs and reduce sourcing lead time.Procurement’s ChallengeWhen the Procurement Department of Santa Clara County came to IBISWorld, it had some pretty lofty goals.
Save Time
   Procurement’s Make-over
According to Richard Sterling, "Procurement has not had a positive image with C-suites for many years.
Set Strategy
   Procurement Glossary
Benchmarking The process of comparing an organization and its products, services, operations and/or processes against others (typically against the best) in the industry.
Tools and Worksheets
   Budgeting for Brexit: The Impact of the UK’s Referendum on US Buyers
By: IBISWorld Analyst, Sean WindleIn a stunning move that sent world markets into turmoil, British voters ignored pleas from their leaders and much of the global political establishment by choosing to sever ties with the European Union.
Reduce Risk
   Trends in Software: Automating Procurement and Business Operations
By: IBISWorld Analyst, Torsten Edstam In August, IBISWorld took a look at the disruptive impact of automation on construction, transportation and financial services markets.
Assess Opportunity
   Client Q&A with Jennifer Obergfell, Assistant Manager, Global Procurement at Coach
By: AdministratorThis month, we caught up with Jennifer Obergfell, Assistant Manager, Global Procurement at Coach, to find out what’s going on in her world of procurement.
Identify Suppliers
   Find Your Focus: Factors To Consider When Calculating Risk
By: IBISWorld Analyst, Anna SonWhile every market faces its own unique challenges and growing pains, there are some markets that are more risky than others.
Reduce Risk