How low services-spend visibility and generic tools hamper procurement performance
Organizations spend tens of trillions of dollars a year globally on services. It's no surprise...
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This is a tool for your use provided by the Sourcing Industry Group. Use this document to contribute to your operations and policies. It contains formulas and examples for calculating cost savings...
Companies recognize that they must make investments to ensure resilience, sustainability, and compliance in the supply chain. While decisions...
This tool contains the following content for your use.
Definitions for Savings, including how to calculate for:
- Existing supplier decrease
- New supplier...
Use this tool as a general template to respond to research requests or share market scan findings with Category Teams.
It contains:
Executive Summary Tab: Enables research team to...
In May 2022, SIG conducted an informal benchmark on behalf of Member in the finance industry. We collected the average number of days for a few key indicators in the Source-to-Pay cycle.
...
This is a template for your use provided by the Sourcing Industry Group. Use this document to build an RFx for a Warehouse Management System (WMS).
This tool provides examples of cost savings, specifically what to measure, how to measure and a case study for these scenarios:
- Sourced Candidates - Year over Year Savings
- ...
This tool contains a complete process for managing cost savings.
Download to access these contents:
- Process Overview
- Savings and Spend Calculation
- Annual...