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Nearly Everything You’ve Been Told About Procurement Analytics Is Wrong

It’s time to move beyond calculating savings to creating a valuable impact. “The procurement industry has long assumed that spend cubes are vitally important and that not having one is heresy. Making matters worse, spend cubes have become axiomatic to procurement analytics,” says authors Elouise Epstein, Stephen Easton and TZ Shen from A.T. Kearney. In this [...]

By | 2019-11-15T21:30:04+00:00 November 15th, 2019|Procurement, Procurement Transformation|0 Comments

Diversity is Key to the Evolving Procurement Function

There is still a gender gap in procurement, says Sheri Spinks. “I think it’s important now more than ever to give a voice to women in procurement. We need to talk about the enhancements and value we deliver as well as the soft skills we possess that contribute to our success in this area.” READ MORE [...]

By | 2019-10-08T16:08:20+00:00 October 8th, 2019|Procurement, Procurement Transformation, Supply Chain|0 Comments

The Next Generation Procurement Model

Taking advantage of the opportunities offered by today's fast-changing technological landscaperequires procurement functions to blend these advances with activities for value enablement, capturing and sustainment, explains Khushalani, Woodcock and Mercker, partners at McKinsey & Company. “They also need to build deeper and more interconnected capabilities.” READ MORE at CIPS

By | 2019-05-21T12:06:34+00:00 May 21st, 2019|Procurement, Procurement Transformation|0 Comments

Digital Transformation Helping Procurement to “Do More with Less”

The Hackett Group found there is still significant need for procurement to address its critical development priorities for 2019. This includes improving analytical capabilities, aligning skills and talent with business needs, leveraging supplier relationships, enhancing agility and achieving true customer-centricity. READ MORE at Supply Chain Management Review

JDA Software: Navigating the Digital Disruption of Supply Chain and Procurement

Digitization is what everyone is talking about and it's making companies ask how they can embrace digital in order to move forward, says Johan Reventberg, President, EMEA at JDA Software. “But … some companies aren’t normal retailers or manufacturers, they are IT companies with a very strong supply chain.”READ MORE @ Supply Chain Digital

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