Until recently, Procurement in the Middle East has been following traditional mechanisms such as a basic tender and selection process that is called on and accomplished as and when need arises. By...
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This case file deals with the challenges procurement professionals face with traditional eSourcing tools and how advanced eSourcing helps overcome the challenges faced by organizations to ensure...
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,...
There is a new "Digital Divide" in the world of Procurement - a chasm between "world-class" organizations proactively leveraging transformational digital technologies to increase agility, enhance...
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...
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....