RSS EN

In today's modern business environment, the competitive landscape and requirements to successfully compete are evolving and shifting constantly. The primary reason for this is that the rapid escalation in disruptive technology has led to increased customer demands. It's been happening since the rise of the internet. Another factor driving change [...]

Despite their evolving, essential role, Procurement groups still tend to fall under the radar. When it comes time to carry out maintenance and repairs, many organizations look everywhere else before diving into Procurement's capabilities. This leaves the function under-resourced and makes it challenging for Procurement professionals to align themselves with [...]

Categories: ...) [...]

Steve Hrubala, CPO at National Australia Bank, looks at how procurement teams' risk management strategies must evolve in 2020 to protect the business more effectively [...]

Categories: Category Intelligence (Direct), Procurement Strategy & Planning, TechnologyTags: Sourcing and Categories“They supply for success.” That sums up the BMW supply chain mission statement, said Doug Markle, the CEO of Allocation North America, in a webinar with BMW about how the automaker gets the most out of its manufacturing process. BMW's high [...]

After a century of slow progression, procurement has become a strategic business function in roughly a generation's time. The move from the back office was not trivial, and the transformation from a largely administrative or even bureaucratic function to a strategic, executive-level function that now has a seat in the [...]

Six Years Ago we pointed out that: You're probably overpaying your suppliers by 1% There's a 2 in 3 chance you're being defrauded of 2% of your revenue Up to 75% of your AP overhead is completely wasted At least 1 in 10 invoices are erroneous One Million Invoices requires at least 100 standard 4-drawer [...]

Ninian Wilson, group procurement director and CEO of the Vodafone Procurement Company, discusses how this generation of digital technologies will shake up procurement, how to need to test things and why you need to get ready for the next generation of technologies [...]

Categories: At ProcureCon EU earlier this year we met a relatively new ‘kid on the block' to the CLM, SRM, SPM and risk management playground. Brooklyn […](...) [...]

Categories: We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we […](...) [...]

There is something fishy going on in the seafood supply chain. Check out the following excerpt from my latest article in Procurement Foundry to learn more before you order that plate of Sea Bass. When you hear the words “something fishy is going on here,” the implication is clear: someone is [...]

Welcome to the winter edition of CPO News! Over the past several months there have been some higher-profile appointments and promotions that occurred in the procurement world, and we wanted to highlight them this morning. So grab yourself a hot cup of coffee and get caught up. Got any procurement [...]

As per our recent post on What is that Platform Worth?, SaaS is good, but only if you get an RoI from the subscription license fee. So how do you know if that SaaS platform is priced right for you? Six years ago we ran a post on Good SaaS vs. [...]

Bad news for Canadians: your grocery bill is about to go up. Food prices are expected to rise by two to four per cent in 2020, according to Canada's Food Price Report, meaning the average family will spend about $480 more on groceries next year. All food categories are set [...]

So our stakeholders have spoken again. What are they saying? We want for procurement to be there in a powerful, meaningful, strategic way but I don´t want to see it. Let me explain. With powerful data analytics combined with artificial intelligence we can produce great sourcing, negotiation and contracting strategies. We [...]

Categories: We are pleased to publish this post from Andrew King, Co-Founder and CTO of business intelligence firm Qynn. While procurement's main objective has and always […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

Categories: Peter Smith comments on the keynote from the SAP Ariba and SAP Fieldglass ValueX event last week. The event was held at the headquarters of […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

I´ve being writing for a while about the future of procurement. Some 10 years ago you might hear about strategic sourcing and separating the negotiation and the purchasing or operational due diligence. Then we moved to an even more strategic procurement that sits along the business and add value instead [...]

Some common themes from ISM and Procurement Leaders. Last week I had the pleasure of sitting in on some great presentations at the Procurement Leaders World Procurement Congress 18 in London, as well as attending the Institute for Supply Management ISM2018 in Nashville, TN the week before. They provided the [...]

Instead of “recycle, reuse, retread” let's talk about a reboot. Memorization is a frontage road: It runs parallel to the best parts of learning, never intersecting. It's a detour around all the action, a way of knowing without learning, of answering without understanding.” — Ben Orlin, “When Memorization Gets in [...]

Data and intelligence holds the key to procurement moving from the past to the real time and beyond There is no doubting the fact that technology is evolving at an ever faster rate, meaning that the possibilities to analyse and understand business performance is also increasing and is opening up all [...]