Downloads: Procurement Research

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. 

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Reducing Costs By Optimizing the Financial Supply Chain

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Let’s face it: organizations are under more pressure than ever before to maximize current investments, increase productivity, and reduce costs to stay competitive. Procurement teams need to partner with their finance departments and third-party technology providers to ensure that critical suppliers can attain cash as efficiently and effectively as possible. This report shares results from a survey of over 300 procurement executives that Spend Matters conducted in partnership with ISM for their perspective on the state of the financial supply chain as well as what smart companies are doing to stay competitive and increase the bottom line.

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Spend Analytics, Payment Analytics: The Gateway to Gold in Them Thar Hills

Traditional approaches to spend analytics go deep by focusing on cost and price. Yet by going so deep – especially with more advanced queries – procurement might be missing out on a potentially bigger, easier and more consistent prize that is easier to obtain and keeps “paying back” versus simply driving one-time savings opportunities. Might there be potentially better (or at least supplementary) information sets to start with that focus more on the AP and treasury side of the P2P house rather than procurement alone? Read this paper to find out!

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Procurement is from Mars and Finance is from Jupiter: How to Align Planets

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There is no Venus here (that's a paper for another day on working with Marketing). Mars might be the god of war and mighty in his own right – ready to battle any time with a combative supplier or recalcitrant internal stakeholder. But Jupiter is the king of gods: large, distant, cold, foreboding. These gods might seem similar, and in the business world, Procurement and Finance should in theory be highly aligned and focused on cost management, risk mitigation, quantitative analysis, and other areas. But how do you make it work, sans self-help book from the early 1990's? That's where we step in.

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Re-thinking and Re-claiming “Tail Spend”

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What's your definition of tail spend? We come across a lot of people who don't think it's very complicated (just some pareto analysis on your spend categories, find the "nuisance" spend, voila!) - but that's a completely ineffective strategy if you can't define what you mean by "tail spend" in the first place. In this paper, Chief Research Officer Pierre Mitchell explains different types of spend segmentation that you can apply to your own company - whether you define them as "tail spend" or not.

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

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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.

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Ask the Expert: Intellectual Property, Patents & Proprietary Procurement Solutions

Spend Matters Premium Content - Ask the Expert Video Replay
Thomas Kase, VP Research, talks about Ariba’s cache of patents, what they cover, and who might be in violation. He looks at the most recent of Ariba’s 74 patents, in particular those awarded over the past three years – and those published in the same time period but still awaiting decision by the US Patent Office. This session covers ground for both practitioners and providers.

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Decoupling Creative and Production Procurement – Handle with Care!

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This short paper addresses an important issue for buyers of marketing services and of course budget holders in the marketing area. We look at the idea of ‘de-coupling’ spend – the separation of different elements within the marketing process in terms of commercial management, so (for instance), looking to split the procurement of creative and production activities. What are the key factors to consider when deciding how to structure marketing services supply chains? Read about the opportunities – and risks – here.

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Applications Unlimited Oracle vs. We Know Best SAP/Ariba

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It's rare for a large ERP/MRP and business applications deal between top enterprise software vendors (Oracle, SAP) to hinge on the competitive capabilities of the procurement suite. Yet with SAP buying Ariba, the importance of direct comparisons between Oracle and SAP will increase in the procurement area for several reasons. In this paper, Jason Busch outlines what you need to know about Oracle and SAP/Ariba's differing outlooks on their individual solution approaches - and why it matters for the future of procurement.

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

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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.

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Putting the “Supply” in Supply Networks (Part 2)

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How do you typically think about procurement? As a straight line, where you find low-cost sources of supply, make a purchase, and that's it? We see this as a problem in a lot of firms. What if all of your suppliers could provide better part-level performance on a broader/balanced supply scorecard? It turns out that they can, if your supply chain were managed more holistically and orchestrated better.

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Why Procurement Should Control Payments

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Learn ten reasons procurement shouldn't forget the second "P" in "P2P" (if you did forget, it stands for "pay"). Payment matters much more than most folks in procurement think. By taking control of the area, we can do an end-run around the administration hassles and supplier headaches that poorly-run A/P functions create. And that's just one reason for procurement to get involved in payment strategy and execution - download this paper for the other nine!

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