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Money. Power. Respect. Not quite so, but they do sound rather enticing. Yes, all three notions are underlying perks that a career in management consulting provides. And yet, these are not the things that keep me on this career path. To better explain why, I would like to introduce the Japanese [...]

Categories: eProcurement / Procurement, M&A, Procurement Strategy & PlanningTags: PROIt's that time of year. And no, I'm not referring to eggnog (even the vegan sort, of which I'm partial to) and good holiday cheer alone. Nor am I referring to tech providers complaining about their latest SolutionMap scores (a byproduct [...]

December 14, 2018 Here's a look at where Source One's cost reduction experts have been featured this week! Whitepaper Series: MRO Demystified: Parts I - IV Even the savviest Procurement professionals would agree that MRO spend presents consistent challenges. Composed of thousands of essential SKUs, the category gets all the more complicated when organizations [...]

Categories: Market Intelligence, Public SectorTags: Sourcing and CategoriesSpend Matters plans to broaden its views on procurement in the new year with occasional forays into public spend issues — but let's unwrap a present early to see what's what. There are numerous challenges that public sector procurement organizations face now and in [...]

Last week, I discussed the challenges Accounts Payable (“AP”) and Procurement organizations face attracting talent in today's hyper-competitive labor market. This week I want to cover the second half of the ‘New Approach to Procurement Talent Management' session I moderated at Ardent Partners' CPO Rising 2018 Summit in Boston last [...]

The UK began its effort to leave the dark ages with the first general election where women were permitted to vote and the first woman was elected to the Commons. If only it would finish its exit of the dark ages in Procurement, which, sadly, in many organizations is still controlled [...]

Every day, solution providers continue to research, develop, and integrate “Industry 4.0” technologies, like 3-D printing, Blockchain distributed digital ledgers, cognitive capabilities, connected devices, and robotics within sourcing, procurement, and payables / accounts payables business tools, giving rise to a new generation of supply management tools, dubbed “Procurement 4.0.” Blockchain [...]

As per our posts on Sourcing Innovation earlier this year, the M&A Mania has been in full swing for the past couple of years, and as per the acquisition news that came out Monday, it seems the mania hasn't abated. But will it abate in 2019? We hope so. Sometimes M&A makes [...]

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Categories: Well, I thought we might be winding down to a nice quiet Christmas break by now, but it appears instead that the world is basically […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

Categories: Well, I thought we might be winding down to a nice quiet Christmas break by now, but it appears instead that the world is basically […](...) [...]

Categories: In the run up to Christmas and my passing over the Spend Matters UK/Europe reins, we're going ot feature some of the briefing papers I've […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

Categories: In the run up to Christmas and my passing over the Spend Matters UK/Europe reins, we're going ot feature some of the briefing papers I've […](...) [...]

Categories: You may have heard this morning that business spend management firm Coupa has agreed to yet another acquisition: Hiperos, a third-party risk management provider. This is […] (Read... [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

Categories: You may have heard this morning that business spend management firm Coupa has agreed to yet another acquisition: Hiperos, a third-party risk management provider. This is […](...) [...]

Categories: You'd like to think that the cost of your products and services is nailed down in the form of negotiated contracts with suppliers, but that […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

To try and drive as much value out of the supply base as possible, CPOs should work to remove as much of the unconscious bias from supplier selection as possible [...]

While many CPOs will focus on digitalisation in 2019, procurement chiefs must ensure they harness this unique opportunity to drive better outcomes [...]

I find myself yet again looking for a good pool of contractors for civil works for a job in a new geography where we have no presence before. All new, very little reference, trying to understand the specifics of the new location. One thing that stroke me was, how in the [...]

As a procurement professional I embarked into the task of checking out what´s new on the technology front. Most of latest articles, blog post and so on talked about AI (artificial Intelligence). There are different types of AI for different task. The main idea is to replicate human intelligence with [...]

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 [...]

The Blog's First Banner May 2007 It is hard to believe that this blog was launched 11 years ago today. It doesn't seem that long of a period, yet in many ways, it feels like a lifetime (in a good sense). From the early days when I wondered if I would [...]

It is a pretty straightforward question; should procurement buy IT? One would think that the answer would also be relatively straightforward. But it isn't. Featuring a panel of international industry experts, this after-hours discussion presents some thought-provoking insights into what role procurement should play when it comes to making IT acquisitions. Click the [...]

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 [...]

It's hard to argue that we are not living in some uncertain economic and political times, perhaps best demonstrated right now in the UK and US, among other nations. [...]