Digital Transformation
Procurement is a significant business function, having operational and commercial impacts on multiple departments. Although procurement process excellence and strategic sourcing initiatives can drive ...
Author: Nancy Jorgensen Editor’s note: This article is part of the MyPurchasingCenter content archive. It was originally published in 2015 and appears here without revision. Microsoft Exce...
“Technology is the easy part. It is always the people who apply the tools who make a difference.” - Jacob Gorm Larsen, A Practical Guide to E-Auctions for Procurement, p. 7 When Jacob Gor...
This content was made possible by a collaboration with the team at JAGGAER. For as many times as we have run implementation projects, they are still fraught with friction and frustration. Worst of all...
This content is made possible by Warm Commerce ERP systems are absolutely critical for business process consistency, materials management, and financial coordination.As the data cr...
Today, most supply chain and procurement software solutions rely on value added resellers as part of their go to market strategy. ‘Resellers.’ as the name suggests, act as the sales, solutioning, impl...
This content was made possible by a collaboration with the team at JAGGAER. Category management requires procurement to ‘rise above’ the level of understanding traditionally associated with strategic ...
This content was made possible by a collaboration with the team at JAGGAER Category management is one of the many processes – like spend analysis, supplier performance management, and strategic sourci...
This article was made possible through a collaboration with Creactives. Emerging technologies are ‘all the rage’ in procurement today – especially for rules-based tasks that have to be quickly and rel...
“Naturally, Industry 4.0 requires a new procurement. The factors driving the change are the hyper-competition, globalization, supply chain risks, resource scarcity and many more. But the most importan...
Many years ago, our telecom operator outsourced customer bill printing. That was an example of the basic outsourcing, as the business process still stayed fragmented between the external provider, our...
“Customers are the key to any business, the prime reason for a company to exist! In the current digital era, customers are no longer passive buyers of products at the end of the value chain, but activ...
This content was posted on the MyComplianceOffice blog on July 8, 2020 When a company makes the decision to implement compliance software, the steps the...
This content was made possible with a collaboration with SAP Procurement 2020 is a year most procurement professionals will never forget. Our supply chains were thrust into the spotlight ov...
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.
“The advent of new technologies – most notably blockchain – has the potential to radically transform how transactions are recorded, stored and used throughout supply networks. The result: a transparen...
This content was made possible through a collaboration with SAPAriba “Our process was about intentionally forgetting how we had done business in the past. The Ford team wanted to leave our lega...
This content was originally published on the Determine blog. If procurement wants to succeed in 2020, we need to measurably improve all of procure-to-pay (P2P). Of course, in order to do that, we have...
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.
While the strategic vision of an organization is usually consistent across departments, each function’s strategies to achieve that vision do not always align. Just as legal and HR are there to e...
