If you’re sourcing commodities this year, then don’t go any further before reading our 3 Best Practices for Buying Commodities in 2015. Jason Busch, founder and managing director, Spend Matters, and Lisa Reisman, CEO, Azul Partners, and executive editor, MetalMiner™, teamed up for this must-have FREE PDF for purchasing professionals everywhere. With it, you will: Learn why sourcing on the spot market is inherently speculative and therefore risky; know why using indexes is just plain bad strategy; and wring every possible bit of value from your direct material commodity spend. So stop speculating and learn concrete, tangible practices that will yield strong ROI, in addition to the most favorable outcome possible. Get your copy today!
Category Archives: Category Management
When you think of electronic catalogs, do you get excited? Probably not. My colleague Jason Busch penned a piece on this last week that needed a retort. Although you might not find catalogs very sexy, if you look at the data on how the best procurement organizations use them properly, and the performance uplift those organizations get, you probably would.
Last Chance to Register for Tomorrow’s Webinar and Learn Advanced Case Studies in Smarter Catalog Management
This is your last chance to register for tomorrow's webinar, Teaching an Old Dog New Tricks: Advanced Case Studies in Smarter Catalog Management. Join us at 10 a.m. CDT as the Spend Matters and jCatalog teams walk you through how progressive procurement organizations are enticing stakeholders with more nuanced approaches to support complex category-specific supply chain requirements. The old-school catalogs that often get a bad reputation are history. Advanced smart catalogs are replacing them and promoting a guided buying process essential to the procurement and supply chain world. Register today!
Out with the old and in with the new ... catalogs. Join us next Wednesday, Nov. 4 at 10 a.m. CDT for the webinar, Teaching an Old Dog New Tricks: Advanced Case Studies in Smarter Catalog Management. The Spend Matters team and jCatalog will talk trends and highlights with case studies in using smarter catalogs for a guided buying process to make procure to pay (P2P) manageable for stakeholders and the procurement function.
Earlier this week, more than 20 states and a host of industry groups officially filed suit against the Environmental Protection Agency (EPA)’s Clean Power Plan. Before that, a U.S. Circuit Court of Appeals stayed EPA’s new “water rule” in all 50 states. Both of these developments came after a late June ruling in which the US Supreme Court struck down EPA-directed regulations for limiting mercury and toxic emissions from coal and oil power plants – known as the MATS (Mercury and Air Toxics Standards) rule. From a procurement and supply chain vantage point, that ruling was arguably the most important decision the nation’s highest court has made in the past decade. Not only does it cut to the very heart of procurement’s mission to manage costs, but it has direct linkages with energy sourcing and category management. This Spend Matters Plus brief analyzes the implications of these three EPA-driven regulations for procurement practitioners and supply chain organizations and provides recommendations for both manufacturers and non-manufacturers on how to take action around policy and regulations.
Webinar Thursday continues in October as we present Supercharging Category Management: Free Yourself from Siloed Sourcing to Unlock Breakthrough Value on Oct. 22, at 9 a.m. CDT. This is the concluding event on supercharging category management, following a wildly successful e-book and preview webinar held last month. From this webinar, you will learn case studies, technology support examples, specific industries and verticals, as well as participate in a closing Q&A. Register today!
Attention category managers: This Flashback Friday post is just for you. We reached into our Ask the Expert archives to bring you a detailed presentation from Xavier Olivera, editor of Spend Matters Mexico/Latin America, about how to build a spend category workbook. Xavier walks listeners through how to create this “knowledge guide” to a spend category that can serve as a supporting document to your procurement organization and fellow category managers. Check out the full webinar, Ask the Expert: Do You Know How to Build a Category Workbook, in this post!
This is your final opportunity to register for tomorrow morning's webinar and learn how transactional data and advanced analytics are the future of spend analysis and procurement savings. Join Jason Busch, founder and managing director at Spend Maters, and Tungsten for The Future of Spend Analysis: Big Data, Item & Invoice Insights, Category Analysis, Savings Pipes, and More on Thursday, October 15, at 10 a.m. CDT. Register now!
In just two weeks, we'll present the concluding webinar from our ongoing coverage of Supercharging Category Management: Free Yourself from Siloed Sourcing to Unlock Breakthrough Value. Join us Thursday, Oct. 22, at 9 a.m. CDT, as Pierre Mitchell, chief research officer at Spend Matters, and Mickey North Rizza, vice president of strategic services at BravoSolution, present the nine different ways you can evolve from simple category sourcing to category management 2.0. Register today!
From one of the most popular e-book downloads in Spend Matters history to an equally popular preview webinar, we're now ready for the main course. Join us Thursday, Oct. 22, at 9 a.m. CDT, for the webinar Supercharging Category Management: Free Yourself from Siloed Sourcing to Unlock Breakthrough Value. Pierre Mitchell, chief research officer at Spend Matters, will be joined by Mickey North Rizza, vice president of strategic services, BravoSolution, to walk you through the nine different ways you can effectively transition from category sourcing to category management 2.0. Register today!
The future is now. Spend analysis now requires advanced analytics and creative approaches to reveal maximum savings and spend opportunities. Join us Thursday, October 15, at 10 a.m. CDT, for the webinar, The Future of Spend Analysis: Big Data, Item & Invoice Insights, Category Analysis, Savings Pipes and More. Jason Busch, founder and managing director, Spend Matters, will be joined by Tungsten for a look at transactional data and how to approach spend analysis to best benefit your organization.
One of our most popular research downloads of all time is now a webinar! This is your last chance to register for Tuesday's 10 a.m. CDT presentation, Supercharging Category Management: Pierre Mitchell Comments Live on Recent E-Book. This brief 30-minute webinar will feature Pierre, who will walk you through what he considers the main takeaway of the e-book while also fielding questions from you, the audience. The category management revolution is happening, people! Get on board!