Procurement

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Procurement Improvement Begins with Process

Procurement is buffeted by the headwinds of market disruption: tariffs, cyberattacks and a tight labor market, says Marisa Brown, APQC. “Two winds of change have combined to create a perfect storm around the procurement function.” Brown believes that procurement can and must act as a strategic business partner by driving process improvements, cost savings and [...]

By | 2019-11-21T00:38:44+00:00 November 21st, 2019|Procurement, Procurement Transformation|0 Comments

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
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