World-class procurement organizations have streamlined their internal processes, capitalized on existing savings opportunities, developed advanced strategic sourcing programs, and consolidated at...
Browse the SRC
Transformative Procurement Outsourcing: Lessons learned from procurement and accounts payable outsourcing….and tips for success! by James Cay, Managing Director, The Bank of New York Mellon
Bank of New York Mellon's procurement transformation journey.
Executing sourcing strategies based on the most reliable expense data is a powerful lever for procurement teams. Spend data which is easy to access and manage, available on desktops and mobile...
There are only so many ways you can type a category such as “MRO” into a search engine before the results provide the same white papers and advertisements. How can...
In an environment of uncertainty and economic volatility, it is paramount that the finance function have the ability to track non-core, or indirect, costs and document savings on these...
As more responsibilities for innovation and operations are offloaded to third parties, procurement organizations are shifting their focus toward supplier collaboration and innovation. Interest in...
While there are literally thousands of detailed questions associated with outsourcing, we have found these four questions to be the most frequently asked by clients beginning the journey....
Includes challenges by phase in the outsourcing process and how to best approach each issue to maximize business value.
According to The Hackett Group’s 2017 Key Issues Study, 84% of procurement organizations believe that digital transformation will fundamentally change the way their services are delivered over the...