The Pulse of Procurement 2014 Research Report is part of an enduring Zycus initiative to understand the procurement challenges faced by businesses and best practices implemented by procurement...
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Procurement teams are notoriously task-focused...heads down, applying spend management best practices to deliver sustainable, measurable business value...but they rarely focus on communicating...
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....
While Procure-to-Pay (P2P) automation technology has been around for almost two decades now, very few standard approaches, processes and/or clear best-in-class performance benchmarks have emerged...
Even as the global economy is struggling to recover from the 2008 recession, we are now struggling to fight yet another battle: To manage spends and control costs as that gets more difficult in...
The extensive human rights violations and the conditions under which these minerals are extracted and sold via middlemen to companies around the globe, led to 'section 1502' of the Dodd-Frank Act...
With the procurement world talking about the news over supplier failures (Read: Bangladesh factory collapse, Ikea's meatball scandal, etc.), supplier innovation, supplier relationship management,...
Compliance is a stated objective for virtually every Procurement team, and the stakes have never been higher. The potential negatives of non-compliant spending or procurement practices on a...
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...
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....