Downloads: Procurement Research

How to Wring Every Bit of Value Out of Spend Data

In this introductory analysis, we begin our exploration of how to wring every bit of value out of spend data. From basic Accounts Payable (A/P) spend analysis by supplier to more advanced topics, this is definitely the place to get started.

Understanding How E-Invoicing Fits

For some, an invoice is a piece of paper sent by a supplier to a customer with varying amounts of detail about services performed or items purchased or to be purchased, along with other details including mailing and remittance information, the maturity date of the invoice and the conditions, such as penalties, if the maturity date is not met. But in practice, an invoice is much, much more...

Proactive Supply Chain Risk Management (SCRM) in an Uncertain World

The target audience for this paper is not only internal (brand management, C-level, finance, legal, line of business owners, procurement) but also sales, where SCRM visibility provides an advantage with risk-averse prospects and clients. As for takeaways, we’ll explore SCRM’s potential ROI, including the main drivers to consider when building a business case. This doesn’t just include supply base assurance and brand management - but also immediate hard savings through process efficiency, avoidance and reduction of crisis costs, and insurance premium reductions. What’s not to like about that?

Supplier Catalogs for Maintenance: The Internet of [Getting] Things

In the industrial B2B world, and in the MRO (maintenance, repair, and operations) world in particular, relevance and personalization via a complexity-taming intelligent system is exceedingly important. If strategic capital assets are not maintained with the right items and services, whether it's new tooling and lubricant for a planned maintenance job or critical spares for unplanned emergency maintenance, millions of dollars can be lost in minutes and hours. Supplier catalogs matter: a lot.

Technology RFPs: Are You Wasting Time and Money?

This might sound like a bold statement, but sometimes (maybe even most of the time) it just doesn't make sense to go to RFP! Sourcing practitioners might scoff at this, but this paper is worth a download just to read how author Thomas Kase challenges the notion that an RFP is the best path to a successful solution provider selection outcome.

Cloud P2P Deployment: A How-To Guide to SAP and ERP Integration with eProcurement and Beyond

It is our hope that CPOs, CFOs, and other senior procurement and finance decision makers that must develop a P2P integration strategy (and program) will find this report invaluable in their efforts. IT and other resources are likely to find useful tidbits as well. At its core, this report doesn’t just look at success criteria for ERP integration. It provides general strategy options for P2P cloud integration as well. The best news? All of this can be way easier than you think. Download to find out how!

Procurement Performance Management (PPM) – The Ultimate Alignment Tool

Spend Matters Premium Content - Ask the Expert Video Replay
Everyone wants to do things right, but are they also doing the right things? If not, you’re either destroying value (or foregoing it). In this session, one of world’s pre-eminent experts in PPM, Pierre Mitchell, walks you through how the best procurement organizations use PPM not to track their lagging metrics of the past, but to look to the future, stay aligned with stakeholders, create an effective procurement operating model, and elevate the supply management value proposition and transform functions beyond world class performance.

Choosing Procurement Technology That Grows With You

Spend Matters - Free Research Download
As a procurement practitioner, when you start looking at the portfolio of solutions you have available today, some patterns will likely emerge. First, you’ll have a range of tools in your arsenal. There will be a few painfully obsolete tools that are creaking along. There will be specific procurement tools (analytics, sourcing, etc.) not used by many. There will be several mainstream ERP solutions that are used nearly daily by all. And there will be peripheral tools where the procurement technology waters get murkier. What does this tell us about how we select and use procurement technology and what are the lessons learned? This paper is part of one of the most important parts of a Spend Matters PRO series we’ll publish this fall for companies looking to get more from their solution investments (whether you’re ramping up organized programs for the first time or replacing earlier solutions, it does not matter).

Procurement Centers of Excellence (CoE) – What’s In Them and How to Set Them Up

Spend Matters - Free Research Download
There is no one perfect way to organize your procurement CoE. As you may have guessed, it all depends on your existing organization structure and operating model. You'll quickly find that it's not really about the size of the toolbox, but rather making sure you have the right tools for the job (and the master craftspeople to use them). That said, there is some standardization that can be followed, and Pierre Mitchell walks you through that and many other Center of Excellence how-tos in this research. 

Procurement Consultants: Sourcing, Implementation, and How to Get the “A” Team

Spend Matters - Free Research Download
Over the years, we've come to realize what a significant disconnect there is between those on the inside of the consulting world and those who buy services, especially in the operations and procurement areas. If you're looking to hire Mr. T in this regard, we unfortunately can't help you. But we can tell you how to get the most out of a consulting team.

Putting the “Supply” in Supply Networks (Part 1)

Spend Matters - Free Research Download
The typical CEO's agenda centers around growth and innovation. For the CFO, this profitable growth agenda must also be predictable – and efficient. The head of supply chain must then align with these strategic priorities for reducing cost and risk, while supporting growth and customer satisfaction. "How the heck do I do that?" you ask. You just can’t get there if you’re stuck in reactive execution mode and in the land of ERP systems, spreadsheets, EDI, and duct tape. Part 1 of this two-part series gives you the tactics and tools you need to enter what Spend Matters terms Supply Management 2.0. Ladies and gentlemen, welcome to the digital supply chain.