“The best leaders are the ones who have the sense to surround themselves with outstanding people and have the self-restraint not to meddle in how they do their jobs.” - &n...
In addition to the webinars listed below, Art of Procurement Digital Outcomes is being held this week on Wednesday and Thursday from 10am – 1pm ET. Register in advance even if you can’t stay for the e...
“Business leaders have only so many days in a year, and every action has a clock attached to it.” - Flow, p. 30 The central premise of Flow by Dr. Robert Handfield and Tom Linton is that ...
“When the CPO and procurement team participate in every critical stage of a product’s evolution – from concept development and the award of supplier contracts to the start of production and through th...
Procurement teams continue to evolve, especially as the executive leadership team looks to them for value and competitive advantage in addition to cost savings. Although the procurement value proposit...
One of the reasons procurement has always been a process-driven function is because we are tasked with managing buyer behaviors as much as we are addressing and analyzing spend. Spend is trackable, re...
When it comes to negotiating savings, leveraging volume to take advantage of supplier efficiencies and economies of scale to drive down prices based on forecasted demand has always been procurement’s ...
When SMBs launch, they tend to have informal procurement processes. This informality might work with four to five employees and a handful of customers, but it simply isn’t practical for a growing busi...
What is procurement data? Procurement data includes vendor data, master data, contract data, bills of material, performance data, sustainability score cards, transaction data, purchase order details, ...
In my opinion, realizing you enjoy Thanksgiving more than Christmas is one of the first real signs you’ve reached adulthood. Thanksgiving has all of the food, family, and tradition without the stress ...