As procurement professionals, what do you think your suppliers think of you – and do you care? Do they see you as a hard-edged negotiator who wants to strike the best deal, based on price alone? Or do they see you as relationship-driven, keen to create more visibility within the business and developing inter-dependent relationships […]
How to get to 100% value creation from procurement Read More »
Procurement has a key role to play in driving business efficiency in the Fourth Industrial Revolution. To maximise its impact, research points to the fact that investing in the skills of people, especially leadership skills, will be just as important as keeping up with advances in technology. Kumeshnee West, Director: Executive Education at the UCT
Rising to the procurement challenge: a story of talent and technology Read More »
To become more agile, organisations are re-evaluating their workforce strategies. Although strategists often talk about ‘total workforce management’, what their business functions – procurement included – need most is something much simpler: total workforce optimisation (TWO). For most business functions, human capital is the most important asset and its largest single operating expense. It is
6 steps to optimise your procurement workforce Read More »
Blockchain is almost everywhere and is getting a lot of hype. It is largely because blockchain is the underlying technology behind Bitcoin, a digital currency (a.k.a. a cryptocurrency) that received a lot of coverage in the media. In the wake of the cryptocurrency craze, blockchain has continued to attract more and more attention. Blockchain can
Blockchain an important tool for procurement to establish trust Read More »
Given the inevitability of emerging technologies transforming businesses, how can you prepare your company for AI’s impact on procurement? Sami Peltonen, Vice President of Purchase-to-Pay Product Management for Basware North America, takes a look at how procurement departments can mitigate employees’ fears. Join us at Smart Procurement World’s Gauteng Indaba on 18 & 19 September
Helping procurement professionals embrace AI Read More »
A conversation with Walter Charles, Chief Procurement Officer, Biogen. Walter Charles’ global procurement teams support billions of dollars in annual purchases. Having spent decades at Kraft Foods, Kellogg’s, Johnson & Johnson, and now Biogen, Charles provides keen insight into the state of procurement today as well as how big data analytics is disrupting the landscape
Using big-data analytics to drive forward business value in procurement – Part 1 Read More »
Thinking of investing in some of the latest procurement technology? If you have not consulted market trends, got a third opinion and done all of your research, you might want to pull on the reins, advises Dan Quinn, Senior Vice President of cloud-based spend management provider Jaggaer (Middle East and North America). Buying procurement technology
6 things to consider before you purchase any procurement technology Read More »
By Bertrand Maltaverne, a Solutions Consultant who helps organisations digitally transform their procurement practices. To be honest, I haven’t totally figured out all of the details of the inner workings of the blockchain technology. And I do not think I will ever try to as some of it is very technical. I also do not
Blockchain: what are the opportunities for Procurement? Read More »
In what Gartner has called the Postmodern ERP era, eProcurement technology and technology in general has become more accessible from both an availability and ease-of-use standpoint than it has been historically. However, does increased technological accessibility ensures success if cultural misalignment exists within an organisation? Jon Hansen, Editor and lead writer for the Procurement Insights
Brexit’s questions will start to be answered While 2017 was the year of Brexit uncertainty, 2018 will be the year when things start to change. “Procurement teams will need to start proactively helping their businesses deal with that change and minimise exposure to contract and legal risk”, says Sam De Silva, Partner at law firm
Procurement predictions for 2018 Read More »
