Best of Spend Matters: Incendiary Tidbits
Unlike “general news” or “technology,” the Incendiary Tidbits tag gives editors some power to decide what is incendiary. As the tag is (self-aware) hyperbole, posts are categorized under it as long as they are incendiary in relation to other Spend Matters posts. Some of these posts aren’t even tidbits; some are in fact rather long. As for the degree of overlap with Friday rants, the relationship should look like a Venn diagram.
50 Shades of Pay: Spend Analysis’s Many Profitable Pleasures – “You know spend analysis. So basic. So primal. Wham, bam, spend cube, thank you ma’am – you’re done right? Not so fast. Spend analysis is not a quickie event on your long term procurement transformation…” So begins Pierre Mitchell’s ongoing series that combines spend analysis tips for already highly advanced companies with a whole bunch of allusions to a certain popular novel, now a film due to arrive in theatres around Valentine’s Day next year.
FCPA Inc.: How the Foreign Corrupt Practices Act Became an Industry Unto Itself – Scarcely a tidbit, this article by Thomas Kase, based on interviews with Mike Koehler, the “FCPA Professor,” explains how any company with clients or prospects in the public sector overseas is at risk of violating the FCPA and how law firms are benefiting from it.
HANA Rail! Our First Animated Parody Combining SAP with The Simpsons – Sometimes incendiary tidbits come in video (and song) form. Video by Taras Berezowsky, lyrics by Pierre Mitchell.
Toothless Bumbles and the Search for Objectivity in the Procurement Solutions Market – It’s no secret that the bulk of Spend Matters’ revenue comes from provider sponsorships, which leads many to question our objectivity. Pierre Mitchell has much to say about this, as well as about the objectivity of other sources, whether it’s mainstream business press, freelance analysts, white paper firms, or IT industry analysts.
Why Purchase Price Variance (PPV) Should Be Banished From Procurement Measurements and KPIs – Jason Busch and Pierre Mitchell argue that procurement organizations should stop measuring internal and individual performance against this metric, backing up their assertion with 10 reasons.