Recommended Procurement Webinars for July 24-28: Value Management, Risk Monitoring, Digital Transformation
Supplier Relationship and Value Management: The Five Programme Killers and How to Overcome Them (BravoSolution, Four Pillars) July 25 th , 2pm ET In this webinar, David Atkinson, MD (Four Pillars) will share the five questions that they say will make the difference between failure and success in supplier relationships. Whether you use the frameworks described in this webinar or something e...
Bot Technology: A Procurement Experts Thoughts
Bot technology, or a ‘web robot’, is a type of software application that runs on scrips over the internet. Companies are exploring this technology aggressively, especially for the integration of artificial intelligence. For example, Siri –Apple’s intelligent assistant - pulls data from the internet such as weather and information stored on your phone in calendars and conta...
3D Printing: Disrupting Manufacturing and MRO Procurement
Following are a few recent examples that showcase the growing relevance of 3D printing: General Electric has invested heavily into 3D printing, with deals worth $1.4 billion. GE is expected to print 100,000 parts for jet engines by 2020. ThyssenKrupp plans to develop in-house 3D printing capability to manufacture various components of elevators, wind turbines, and submarines. Daimler’s truc...
Contingent Workforce Management: Advantages of an Integrated Managed Services Program and Vendor Management Software Model
Recognizing these issues, a growing number of companies now rely on some form of a managed program. But substantial room for further adoption still exists. The landscape of contingent labor management can prove very confusing, especially for organizations in the initial stages of assessing available options. When assessing the current state of contingent labor programs, consider the following que...
Jaggaer and Pool4Tool: A Merger that Highlights the Fracturing of Procurement
Roger Blumberg (P4T) and Raj Aggarwal (Jaggaer) shared the following: The combined solution will be vertical-centric, with a marketing, manufacturing, healthcare, and logistics at the top of their list. The need for deep vertical expertise is not just the focus of the newly combined Jaggaer/P4T go to market strategy. It is also one of the key placement factors in the Gartner ‘Magic Quadran...
No Leverage? No Problem: Tips for turning a lack of negotiating leverage into a winning strategy
Negotiating has long been considered an art, and while the more leverage you have the better your position, not all leverage comes in the form of give and take. There are times where you have little-to-no leverage on paper and you enter a conversation knowing you’re at a disadvantage. Consultants pride themselves on being able to close a deal and gain something in any negotiation. Good cons...
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