By Erin McFarlane, Vice President: Services, Fairmarkit If you have recently joined an organisation or moved into a new role that is directly related to procurement, it can be challenging to know where to start. Even if you have been in the role for a while, the whirlwind of daily activity can distract you from […]
Top five spend analytics measures for procurement managers Read More »
By Piotr Raszewski, Senior Analyst: Knowledge Services, Infosys, and Srikrishna Koneru, AVP, Strategic Business Practice Head: Sourcing and Procurement, Infosys When one thinks of ways to measure the effectiveness of cross-operation between procurement and finance, more than a few methods come to mind. Purchase order (PO) compliance rate, discount utilisation, the number of active vendor
Are you utilising data effectively to drive synergies between procurement and finance? Read More »
All sorts of spend analytics technology is available – but how do you best translate this data into constructive action? Procurious spoke to Kirk Poucher, Managing Director of SpendHQ. We all know that spend analytics is a must-have these days. There is a wide variety of procurement technologies available but, despite all of these solutions
3 reasons why focussing on spend analytics matters Read More »
By Sammeli Sammalkorpi During the past few months, I have discussed with a number of chief procurement officers (CPOs) how they have managed procurement during COVID-19. One recurring answer was along the lines of ‘we broke all of our processes and went into wild-west-mode’. Now, many said this with an interesting combination of sadness and
Procurement needs less processes – as they are slow, boring and self-centred Read More »
By Kevin Sample, Senior Consultant at healthcare supply chain firm GHX As COVID-19 cases continue to rise, the spotlight is once again on the healthcare supply chain The rollout of the COVID-19 vaccine has once again put the global healthcare supply chain under the magnifying glass. As inoculation programmes are established, the demand for full
How a data-enabled supply chain can help the vaccine rollout Read More »
By Steve Banker, Vice President: SCM, ARC Advisory Group Customer loyalty begins with excellent service and timely delivery. Companies have come under pressure to unify their buying experience across channels, capture orders easily, and deliver them rapidly and accurately. When it comes to gauging the loyalty of an organisation’s customer relationships, the net promoter score
Perfect delivery: the new rules for survival, innovation and growth Read More »
By Dr Ambrish Kumar, Founder and Group CEO, AAA 2 Innovate Pvt Ltd The world is waiting for the COVID-19 vaccine. Distributing it globally from its points of production is a gargantuan task. In fact, it is a task some feel should best be left to the expertise of military logistics. The vaccine is beginning
COVID-19 vaccines and the supply chain challenges Read More »
By Matthias Gutzmann, Founder, Digital Procurement World Digital procurement transformation is no longer an option, it is a must. Ignoring it today will ultimately lead to a loss of procurement’s influence in the organization. On a more positive note, early adopters in digital procurement are already benefiting from incremental cost savings, increased productivity, and substantial
4 leading CPOs reveal how they are digitalizing procurement Read More »
A little innovation never hurt anyone. But whilst Maverick Spend may cause us to re-evaluate our processes, it can wreak havoc and cause long-lasting damage. Georg Roesch, Senior Manager at JAGGAER, outlines five ways you can prevent it from happening and keep it under control.
5 tips to help prevent and control maverick spend Read More »
By Sammeli Sammalkorpi, VP: Customers and Co-founder of procurement analytics solutions provider Sievo Let’s face it – procurement teams are not the first to hop on the latest technology trends and the industry has been historically slow to digitize daily workflows. But now, with more data being generated in the last two years than in
Forget RPA: the future of procurement is autonomous Read More »
