Procurement outsourcing has become a definitive agenda item for CXOs as companies strive to achieve 'capability optimization' where procurement service costs are lower and value delivered higher,...
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With so many choices and so many providers, how does the modern sourcing, procurement and/or shared services professional make sense of all the options and (more importantly) what is the right mix...
In this paper the authors, who have personal experience of working at board level as executive and non-executive directors, discuss how procurement professionals can position themselves best to...
Tail-end spend management receives increasing recognition as an impactful piece of the procurement puzzle. After all, most organizations are leaving tens of millions on the table. This is because...
The Pharmaceutical manufacturing industry was at one time the darling of the business world. With staggering profits and highly regarded reputations, Pharma was the envy of the global business...
Reverse e-auction is an online, real-time dynamic negotiation process between a buying organization and a group of pre-qualified suppliers. It is conducted as part of the strategic sourcing...
You are aware of the trends on strategic partnerships with sourcing service providers. You know the value of better benchmarks and industry trends. You are convinced about relationship between...
Verizon | Infosys
Having implemented shared services, many companies are now working to optimize management and delivery. Organizations are seeking to benefit from a strategy that...
You have a great sourcing team, you have deep relationships with suppliers and you have negotiated some of the most favorable contracts in your organization. Yet you have spend leakage. Your...
In the face of falling demand, increasing competition from overseas and raw material prices creeping upwards, executives look for ways to reduce the cost base without reducing quality, and retain...