ArticlesArticles about e-procurement, spend visibility, growing revenues, the future of procurement and more
Tapping into Minority Owned Businesses, as part of your supplier network, has become an essential part of most organisations procurement strategies.
In many companies’ problems can arise when promotional goods are purchased by employees throughout the organisation or just “passed through” by overworked buyers who have no time to deal with the suppliers
Getting low cost spend (or Tail Spend) under control offers more benefit than you realise. Cost savings of course. However, reduced supply risk, time savings, better compliance and improved user satisfaction are all significant benefits to your organisation.
Direct and Indirect Spend cause a divergence within Procurement. With significantly different needs, spend profiles and challenges associated with them.
This article provides a condensed tabular version of the current Procurement challenges broken down by procurement domains (categories)
The number of employees procuring outside of any formal procurement structure is increasing. This increase driven by the many marketplace services available in the cloud and the ease of purchase and familiarity of these Marketplaces.
The goal of automation in procurement should be to speed up processes and free employees from repetitive time consuming administration. This will enable staff to focus on higher value tasks.
There are a lot of articles around on what Procurement needs to do; how Procurement needs to change; and how technology will fundamentally change Procurement. Rather than repeat these and try to tell you what you already know, that change is a good thing if it produces better results. This article summarises, as a table, technology areas that impact on Procurement that you might need to investigate.
If your procurement team is spending over half their time on transactional activity, what opportunities are they missing? This article explores transactional domains that can be impacted by automation and focuses on the benefits that can be achieved through this automation.
We have come a long way since Aldus Manutius of Venice published the very first catalogue in 1498: a catalogue of the books that he was printing. This article looks at how online catalogues are impacting on procurement…
This article questions whether the answer to automation is to support a wealth of feature “widgets” or whether automation should focus on the core business processes and ensure that simplicity is the primary goal.
We’ve read through some of the best analyst reports and surveys to bring you this procurement fact file containing some of the most interesting findings, statistics and quotes. Here we graphically summarise these for you.
There are unique challenges and opportunities presented by complex, frequently ordered categories of Indirect expenditure, such as marketing services, print, packaging, uniforms & apparel, office supplies and related products and services
Sustainability and social responsibility are increasingly becoming ingrained within the operations of most organisations. With policies in these areas reflected into the processes and automation within the organisation.
While SMEs tend to be flexible and innovative, they often have limited capital resources and expertise with new procurement methods and technologies. This article explores the SME perspective on supply chain management