"That's what we have always done," won't achieve innovation. Today's business environment is volatile and complex. The tactics adopted over the last 30 years are no longer effective. Business...
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Transactional management is often considered a minor procurement task, yet it is one of the major root causes of business inefficiencies considering a global scenario. Is there a way to leverage...
Using a category management approach may seem tedious, tactical and overly detailed. Yet, it can yield results that are better than expected. This was the case with Tempur Sealy International (TSI...
Original Source: http://theforefrontgroup.com/wp-content/uploads/2016/03/TFG-Training-Cat......
Through the creation of a single supplier master data portal, GE simplified the supplier onboarding process. This centralization drives increased compliance through a single entry point and puts...
Private companies account for 70-80% of the critical suppliers in your third-party ecosystem, yet most organizations don't actually evaluate the financial risks of private suppliers with the same...
In the new world of Procurement, Tax can own Tax. Procurement organizations are on the brink of change. By leveraging new technologies, companies will automate most transactional activities,...
Efficiency, compliance, and savings in an increasing digital world is more important than ever. To accomplish this, collaboration across teams...
For more than a decade, procurement teams have made great strides in equipping their organizations — in a cost-effective and convenient manner — with the products and services needed to execute...
The future of procurement has never looked brighter. Armed with digital procurement platforms, agile operating approaches, advanced analytics, and other cutting-edge tools, "leading procurement...