Spend Matters - Free Research Download
This is the second part of a paper that draws on the real issues faced today by procurement teams managing the growing area of contingent labour spend. It takes these challenges, explores what they might mean for the future of the market, and makes recommendations for procurement professionals to get most value out of their expenditure.
In the 1980s, General Motors learned a difficult lesson about technology when it copied Japanese auto manufacturers in their use of robotics — but didn’t copy anything else. Thinking that large capital investments in technology were the key element to the success of Japanese automotive supply chains, GM spent billions purchasing hundreds of industrial robots. Management claimed the increased automation would significantly boost productivity. Instead, the robots broke down and started painting themselves, breaking windshields and even welding doors shut at a Cadillac plant. Yet beyond the production delays and the expensive repairs required to straighten out the wayward robots, GM missed an essential point. The Japanese automakers saw robots as just one element of a larger supply chain design. GM’s competitors were successful not because of a technological silver bullet but because they had designed an operating plan that translated customer-focused product design into a simplified, flexible, self-improving supply chain. The lesson? There are no quick fixes or cure-alls. You need a comprehensive approach. Download this paper to learn how!
Spend Matters - Free Research Download
This paper draws on the real issues faced today by procurement teams managing the growing area of contingent labour spend. It analyses market structures, maturity levels and makes recommendations for senior procurement executives.
What typifies a good user experience with procurement technology today? And why is it a myth that if technology is powerful, it must be difficult to use? Jason Busch discusses this and much more in this paper focused on why procurement should be focused on UI/UX.
Unfortunately, for most procurement organizations, the intelligent procurement scenario seems like science fiction and disconnected from their world of simply trying to see how much money they spend with suppliers at an actionable level. How do you go from Excel to machine learning? This paper can help you begin to bridge the gap.
Pierre Mitchell walks readers through how to connect the often disconnected internal silos of supplier enablement, sourcing, and contract management.
Digital and electronic signatures can play a significant role in accelerating procurement and supplier management processes, reducing cycle times and eliminating latency across a range of activities. They can also help create value in other areas, from organizational and vendor compliance to saving money.
This Spend Matters PRO series exploring e-signatures and digital signatures provides a foundation for procurement organizations to understand, evaluate and implement these solutions to enable a variety of use cases, including contract implementation and contract lifecycle management. In this research brief, we explore the business drivers for digital and electronic signature usage as well as selection considerations when evaluating potential solution providers.
Download this paper to find out more.
Spend Matters Founder and Head of Strategy Jason Busch walks readers through how they should be prepared for the OMB Federal E-invoicing mandate in the United States.
Procurement maturity is increasingly becoming holistic and integrated – as is procurement technology. No longer can we think of maturity models for various areas of the function (or the use/adoption of solutions) in silos. Step change improvement comes from thinking of the whole – not the parts or even the sum of the parts. In short, we must think about end-to-end process and integration – including the overlap between buying, transactional connectivity, supplier management, supplier portal/connectivity, payment and more.
Spend Matters Video Content - Webinar Replay
In this webinar replay, Insight Sourcing Group’s Tommy Greer and Spend Matters’ Pierre Mitchell discuss how high-performing procurement organizations are managing their energy spend and the top four ways that you can drive down energy costs.
It's time to broaden your organization's horizons on how you manage contingent workforce suppliers. Expand beyond the procurement of supplier-delivered labor and engage in a broader spectrum of talent. This research brief answers the questions "What is this broader talent spectrum and how can I engage it?"