Kate Vitasek, University of Tennessee ...
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A CPO's complete reference guide to sustainable performance improvement through strategic sourcing and procurement management.
Health care providers across the globe find themselves in a persistent tug-of-war with increased demand for services on one side and rapidly rising costs on the other. Health spending is expected...
Everyday hundreds of organizations conduct competitive bids to pick the best supplier to meet their needs. In their quest to streamline the RFP process, many organizations develop rigidly...
Kate Vitasek, University of Tennessee ...
Everyday hundreds of organizations conduct competitive bids to pick the best supplier to meet their needs.
Unfortunately, too many organizations are using the wrong tools for the wrong job...
The goal of every P2P (Procure-to-Pay) initiative is to achieve compliance: compliant purchases from approved vendors at contracted prices, following a compliant buy/pay approval process....
With the advent of Big Data and sophisticated tools, it is now possible for procurement professionals to study granular data, including dashboards that are customized for individual users. However...
50% or more of a company's total purchases are accounted to indirect spend. These spend are characterized by large supplier base, low volume purchases and a diverse stakeholder base throughout the...
When it comes to key performance metrics, the top performing organizations are distancing themselves from the rest of the market; especially in terms of efficient requisition-to-order processes....