ODS Insights

Articles

Using ServiceNow For Benchmarking Strategies That Secure Better Pricing

Price benchmarking is emerging as one of the most effective tools for ensuring organizations secure optimal pricing. By comparing supplier prices and leveraging real-time analytics, procurement professionals can confidently align spend with organizational goals—and avoid overpaying by as much as 20%.

How ServiceNow Elevates Supply Base Operations And Unlocks Better Profitability

Supply Base Operations (SBO) is a strategic approach to refining supplier relationships to boost efficiency, reduce costs, and enhance overall performance. For organizations leveraging the ServiceNow Source-to-Pay suite, SBO represents a powerful enhancement that unlocks significant value.

Using ServiceNow To Optimize Inventory Carrying Costs And Unlock Efficiency

Managing inventory is a delicate balancing act. Too little inventory can disrupt operations and lead to stockouts, while excess stock ties up capital, increases holding costs, and eventually becomes a financial burden.

Use ServiceNow to streamline Request to Delivery, eliminate low value tasks, and reduce costs

In today’s fast-paced business environment, efficiency isn’t just a luxury—it’s a necessity. ServiceNow is a great way to streamline request to delivery to reduce lead times, lower costs, and eliminate overhead.

Category Management Made Simple with ServiceNow Source-to-Pay

Transform the way you handle Category Management with ServiceNow Source-to-Pay. Discover actionable insights and innovative solutions to make your procurement strategy a competitive advantage.

Better Asset Management with Preferred Items and Source-to-Pay

Better asset management is essential for operational excellence and cost-effectiveness, starting with employee requests and tracking them across their lifecycle

Unlock More IT Cost Savings Potential with ServiceNow Source-to-Pay

Effective cost management is crucial for every successful business. It ensures resources are utilized wisely, budgets are adhered to, and financial goals are achieved. One of the biggest challenges for running IT like a business has been assigning the cost of IT to the consumers of IT.