By Helen MackenzieAn experienced former CPO currently working with Procurious to help connect the procurement community across the world. We’re all talking about delivering value these days in procurement, aren’t we? But with so many definitions around, how do we maximise its impact?
4 reasons why value is the new procurement normal Read More »
By Angela Mazza TeuferSenior Vice President ERPM WE, ERPM North install base Finance has always taken advantage of technology to improve productivity and collaboration. But with continuous innovation now driving our economy, the goalposts have moved. Today’s organizations must adopt an agile finance operating model– powered by emerging digital technologies and skillsets. The success of
The 5 key traits of a future-ready Finance Leader Read More »
Speed to value can be elusive but it is of vital importance for any organisation. Many procurement organisations realise the increasing pressure to maximise savings and accelerate delivery timelines. But they also want to mitigate supplier risks. Altogether, legacy manual processes and age-old frameworks compel procurement leaders to rethink their strategy. Subhro Sen, from procure-to-pay
5 core drivers for end-to-end procurement automation Read More »
By Sammeli Sammalkorpi, VP: Customers and Co-founder of procurement analytics solutions provider Sievo In late 2017, MIT’s Sloan Management Review (in collaboration with the Boston Consulting Group) seemed to confirm what most in procurement had long inferred. Our expectations for artificial intelligence (AI) are well out of proportion with our preparedness. In short, we are
3 roadblocks to implementing AI in procurement Read More »
Over the last half-decade or so, technology has become increasingly more disruptive within the procurement industry. Across various offerings, you are promised the next big thing in procurement management that will help you save time and money and, ultimately, improve the way your organisation approaches the end-to-end procurement process. However, an effective procurement solution is
Technology and procurement management in SA – it’s about more than just disruption Read More »
By James Marland, Global Vice President, SAP Centre of Excellence for Spend Management Welcome to the world of autonomous procurement, where procurement professionals are augmented by machines and can focus on strategic relationships which require human creativity and empathy.
Autonomous procurement: the next evolution Read More »
Not long ago, corporate leaders thought that the greatest opportunity to leave the competition behind was to invest heavily in internal R&D and to perform all innovation activities behind closed doors until new products were mature enough and ready to be launched to market. It was believed that only those companies would be able to
Using hackathons to accelerate procurement’s digital transformation Read More »
Becoming aware of blockchain’s weak spots is an important first step towards taking full advantage of what the technology really has to offer By Bertrand Maltaverne
Transparency in supply chains and blockchain: what is the most common trap? Read More »
From a broader point of view, development in information communication technology (ICT) has radically changed the manner in which people conduct business. Speed of communication and information exchange mean that you can offer real-time answers to customer enquiries, process transactions and convert potential leads into paying clients. “The procurement process is no exception to these
Procurement processes are not exempt from ICT progress Read More »
While procurement leaders increasingly turn spend data into a competitive advantage, laggards continue to repeat painful mistakes. You may have noticed that spend analytics is a hot topic right now. According to Deloitte’s Global Chief Procurement Officer Survey 2018, the majority of CPOs across the world expect analytics to have the greatest bearing on procurement
6 most painful mistakes in spend analysis Read More »
