A CPO's complete reference guide to sustainable performance improvement through strategic sourcing and procurement management.
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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....
For over 725 procurement professionals surveyed as part of a far-reaching, annual benchmarking study on “The Pulse of Procurement 2017,” just released by Zycus, the mandate for 2017 is to take...
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....
The journey towards a Source-to-Pay (S2P) transformation has the potential for tremendous efficiencies en route and benefits upon arrival at the destination of a more strategic and effective...
Supplier Managers face a near-perfect storm of challenges – increasingly global supply chains with myriad complex regulations and lots of unknown but potentially catastrophic downside risks from...
In this whitepaper, we revisit Porter's original work with the intent of inspiring procurement executives and professionals at all levels to explore how Porter's Five Forces can and should be...