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Low Hanging Fruit & The Snowball Effect in Digital Procurement Transformations

Talk to any procurement leader in an international company and you’ll hear some common issues being raised. The lure of technology (especially big data and AI) and dangled carrots of opportunity to digitally transform the whole procurement function are all great but hard facts are getting in the way.

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How to Drive Spend Visibility and Control in Tail Spend

Procurement organizations employ spend analytics as one of their major tools for proactively identifying savings possibilities, managing risks, and maximizing their purchasing power. Spend analys...

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Addressing One-Off Buyer Behavior Through Automation

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...

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Recommended Procurement Webinars Dec 7-11: Growth Mindset, Tail Spend, and More

Well folks, this is it. My last recommendation post of 2020. I’m somewhat at a loss for words when I think about this year – everything since March 12th (when our local schools closed) has been a blur...

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Recommended Webinars September 7-11: AI for Contract Analytics and Chasing Tail Spend

Now that it is September, the fall conference season is upon us. Even though few will have the opportunity to gather in person, we can still make the most of these virtual chances to connect and learn...

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Webinar Notes: Tail Spend Management - How to Squeeze Savings from the Most Fragmented 20% of Spend

This week’s featured webinar is ‘Tail Spend Management: How to Squeeze Savings from the Most Fragmented 20% of Spend’ by Proactis. If you are interested in more after reading our notes, you can access a white paper on Proactis’ site.

 

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Webinar Notes: A Programmatic Approach to Sourcing: Delivering Real, Lasting Value

This week’s featured event was hosted by Sourcing Interests Group and featured two senior members of Denali Group’s team sharing their experiences with the use of strategic and non-strategic category sourcing to meet overall goals. The right balance of the two supported by an efficient balance of people, process, and technology opens the door to long-term value creation and impact within the organization. If procurement organizations are going to excel in today’s climate of scarce resources and high expectations, we need to explore every opportunity to the fullest. And of course the real goal of accomplishing all this is securing a voice for procurement in the strategic planning process of the company.

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Recommended Webinars February 17-21: Minimizing Tail Spend and RPA Ease of Use

The following are our webinar recommendations for the coming week – selected based on topics and speakers. If you are planning your webinar schedule further ahead, I recommend “Managing Supply Ecosystems“ from IACCM on March 2 at 11am ET.

BTW: If you haven’t already, sign up for our mailing list to be sure you get my weekly recommendations in your Inbox each Monday.

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