Relationships require work. After all, no pain, no gain. And this not only applies in our personal lives, it applies in business as well. When it comes to companies, there’s a simple formula for success: the better we listen, anticipate, analyze, discuss and take a balanced, reasoned approach, the better our relationships will be with […]
Constrained budgets, leaner workforces, do more with less and the necessity to report on value contribution are all increasing the need for technology to help drive procurement transformation. At first glance, Enterprise Resource Planning (ERP) systems get the attention of Finance and IT, but the realities of associated cost, project length and lack of necessary […]
According to a 2016 survey from Deloitte, three quarters of CPOs cite cost reduction as a strong priority for 2016. Since procurement budgets continue to remain flat, procurement professionals will need to do a lot more with less if they intend to continue working their spending and supply chains to unlock new sources of value.
Suppliers are essential to the success or failure of many organizations. So how do you get the most from them?
Traditional procurement processes often end up leaving the supplier out in the cold and organizations missing out on the benefits that a more inclusive, supplier-centric approach could bring.
In our new whitepaper, Putting Suppliers at the Center of […]
Spend Compliance Analysis: A Missed Opportunity
Life as a Chief Procurement Officer is challenging, and never more so than in the current climate. CPOs need to manage cost cutting so that their organizations can deliver products and services without disruption, and at margins that can support supplier development – all in the face of market volatility, […]
By Thomas Kase, VP of Research, and Pierre Mitchell, Chief Research Officer, Spend Matters
Doesn’t that title make it sound so easy? Don’t be fooled: there’s hard work in transforming how you engage your suppliers. This paper will help you better understand how and why organizations are transforming their supplier collaboration practices and provide insight into […]
By Pierre Mitchell, Chief Research Officer, Spend Matters
Spend visibility is foundational to any procurement transformation because to better manage supply, you have to manage spend. Spend is what you pay and supply is what you get, and to manage spend you have to see it. Yet too many procurement organizations work hard to put basic […]
Analytics are all the rage. And spend analysis is Procurement 101. So, getting some reasonable investment shouldn’t be a problem, right?
Wrong. The problem with analytics is that […]
If you are a procurement change agent, this is the resource for you!
Based on results from the most recent release of the Best Practices in Change Management benchmarking survey from Prosci®, this whitepaper discusses the top project success contributors identified in the research and the related procurement transformation best practices that you can utilize to increase your project success.
Specifically, this paper provides […]