ArticlesArticles about e-procurement, spend visibility, growing revenues, the future of procurement and more
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
in an increasingly complex environment Chief procurement officers have to face many procurement challenges. They can no longer focus purely on reducing costs and delivering goods and services. As the role of procurement within organisations continues to expand, so...
Over the last few months we've come across a number of instances where legacy ERP is holding a company back. Whilst many organisations require a single monolithic platform for core processes, such as manufacturing and financials, ERP can hinder growth and negatively...
This article looks at the benefits of moving your procurement processes and activities into the Cloud. Focusing on the Cloud aspect specifically and benefits that are realised with moving into the Cloud.
Keeping up to date with constant change is one of the challenges of being a procurement professional. Fortunately there are some great procurement blogs and resources out there to help you stay up to date with all the latest ideas and innovations.
Early payment discounts are increasingly being leveraged by organisations to gain additional discounts from their suppliers. However, making these savings requires a fast turnaround on any invoicing. It is not sufficient just to agree early payment discounts contractually: you have to be in a position to realise these discounts.
Procurement needs to transform and continue to transform to align to the business. Procurement has to move away from a transaction based function and become an advisory resource. A 3-dimensional purchasing organisation is needed to achieve this