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Articles about e-procurement, spend visibility, growing revenues, the future of procurement and more

 

Stop chasing your tail

Stop chasing your tail

Are you still chasing your tail spend? Does your business spend millions on ad hoc and unpredictable low cost products and services?

You know the kind of things that most businesses don’t plan for, but still spend 10-20% of their revenues on. The type of transactions that are too small for procurement to bother with but too numerous to ignore.

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eWorld – March 2017

eWorld – March 2017

We’ve packed up the exhibition kit (until the next time) and followed up on all the interesting conversations started during eWorld at the QEII Conference Centre in London. It’s interesting to see how many organisations are still contending with the various process...

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Procurement Data

Procurement Data

With advanced technological advancements storing and generating data from suppliers and customers has never been easier. For the procurement department, which works with many different suppliers, a large range of data will be produced. Capturing and analysing this data properly is crucial if procurement departments want to monitor their effectiveness and improve efficiency.

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5 Reasons to Tackle Tail Spend

5 Reasons to Tackle Tail Spend

The traditional view of procurement, promoted by large consultancies, is to focus on managing the top 80% of spend and ignore the 20% of spend in the tail. The argument for ignoring spend is that there are few opportunities for savings.  However, as "sourcing doctor"...

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Category-Specific Workflows

Category-Specific Workflows

Product and Service categories with different workflow steps can now be configured, with mandatory steps, optional steps and the ability to require notes and/or attachments for each step. Key for highly compliant procurement environments. Align workflow to your...

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Supply Chain Brief

Supply Chain Brief


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