The fifth edition of the Balance of Payments Manual (the Manual) continues the series of international standards that have been issued by the International Monetary Fund (IMF) for providing...
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Measuring and managing exchange rate risk exposure is important for reducing a firm's vulnerabilities from major exchange rate movements, which could adversely affect profit margins and the value...
ANA fielded a survey in December 2012/January 2013 to better understand the metrics used to measure the success/ contribution of the marketing procurement organization.
The survey focused...
This presentation by the International Monetary Fund (IMF) outlines an Information Technology (IT) innovation program, including the framework, scope, business model, process and operations...
Operating in the cloud is no longer a theoretical concept. It is standard protocol and comes with complexities and issues. But you can maximize your efficiency in resolving next generation issues...
Procurement is once again at a dramatic inflection point as a profession. The '90s saw strategic sourcing and shared services established as core elements of the procurement professional's skill...
This case study illustrates how an organization transitioned to a vendor-neutral and integrated MSP/VMS solution, and as a result, increased headcount by 30% and achieved millions in savings....
Achieving strategic objectives to optimize spend, reduce risk and ensure compliance requires a level of technical sophistication that traditional tactics and systems can't provide. Recent...
Digital Transformation of Procurement is, as they say, a journey. Before embarking on the journey - or even while in transit - it is important to have a vision for the ultimate destination and a...
Suppliers have more options these days in how they deliver their solutions or services. Many are facing tough choices when deciding which is the "right" customer. Customers may have "bid" to keep...