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Insights: Procurement

Procurement performance worsens on key indicators

Procurement could face greater pressure to control spending as global economic stability increases

Procurement Function Expected to Change Dramatically Over Next Five Years

New App Bundles, such as the Virtual Company Mall, will Help Drive Changes in Process and Roles

Three ways procurement must build bridges with finance

Procurement and finance teams share a lot of common ground, with both trying to achieve cost savings, improve process and governance and control risk

Procurement Success Today Requires Getting Closer to Business Managers

Many Companies have Taken Traditional Efficiencies about as Far as They Can Go, Need to Better Align Procurement and Business Interests

RFP Writing for Procurement Solutions – Stop Repeating the Same Mistakes

RFXs of all kinds are a way of life for procurement. Whether it’s a request for information (RFI) to try out prospective suppliers, a request for proposal (RFP) to firm things up around a specific activity or a locked-in request for quote (RFQ)

California’s supply chain law has had global implications for business

In 2010, a little known and under-reported supply chain regulation was signed into law in California

Strong relationships with suppliers ‘crucial’ for success

Understanding suppliers’ motivations has never been more critical and research proves it makes good business sense

Ten Ways Big Data Is Revolutionizing Supply Chain Management

Big data is providing supplier networks with greater data accuracy, clarity, and insights, leading to more contextual intelligence shared across supply chains

Survey reveals extensive ‘perception gap’ between procurement and stakeholders

Businesses could be squandering budgets, using risky suppliers and spending without permission due to a lack of collaboration with procurement

Partner with suppliers to cut supply chain risks

Suppliers and manufacturers should be partners to reduce the risks of an increasingly diverse and globalized supply chain