Investing in Corporate Governance to Ensure Compliance: Three best practices you can use right now. https://t.co/rmzPSix1CA
Recommended Webinars January 27-31: Digital Transformation for Procurement in the Real World
Building Partner Enabled Digital Offerings through AI (Zycus, EBG Network) January 27th, 7:30am ET The difference between ‘digital talk’ and a ‘digital walk’ is having a strong understanding of the fundamentals, according to Søren Mølby Henriksen, CEO & Founder of ProVations, and Thomas Mærsk Pedersen, Regional Sales Director for Zycus (Nordics). That is an important perspective f...
Providing Real Value in Data Analysis
Data analysis has an image problem. Despite the fact that data collection is priority one, regardless of how common “big data” buzzwords have gotten, and setting aside all the calls for data-centric decision making… The boots on the ground, those of us who manage this analysis daily, have a problem. Too many analysts are viewed as tactical cogs in a machine. We aren’t brought in to own and manage ...
The December ISM-New York Report on Business: Happy new year?
Report Rundown In December, New York City purchasing managers reported the lowest Current Business Conditions since 2016 while indicating a significant intent to hire in January. Current Business Conditions fell after two months of moderate gains, reaching a 3.5 year low of 39.1 in December (referencing 37.2 in May 2016). The Six-Month Outlook nudged upward to 64.2 in December, ...
Book Review: Integrating Blockchain into Supply Chain Management
Integrating Blockchain into Supply Chain Management by Remko Van Hoek, Brian Fugate, Marat Davletshin and Matthew A. Waller, “…demystifies the use of blockchain in the supply chain, providing the reader with insight and awareness of blockchain technology and how to integrate it into a business plan as an effective supply chain tool.” With that as nearly the authors’ first sentence, rea...
An Introduction to SOW Management, Part 2
While ERP and HRM systems are an important part of the procurement ecosystem and great for procuring office supplies and related items, they lack the functionality necessary to navigate the complexities of SOW management for services. A VMS enables the business to centralize end-to-end SOW management process. Standardizing pricing methodologies empowers hiring mangers or procurement professi...
Low Hanging Fruit & The Snowball Effect in Digital Procurement Transformations
Corporate immune systems (“we’ve always done it like this”) can lead to insufficient executive buy-in; lack of skills, time and financial resources to tackle the complexity of multi-phased transformation projects mean it’s hard to predict outcomes or completion dates; growing evidence that many transformation projects fail causes nervousness with CFOs. The list goes on. Acc...
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In the 2nd part of our #podcast w/ Corcentric CFO Mark Joyce, he addresses how procurement priorities may be diffe… https://t.co/KxbUuoeU6o
