Downloads: Procurement Research

Procurement Analytics: How to Plan (and Optimize) Your Process

Spend Matters - Free Research Download
Since procurement, the department, is responsible for supply management (or spend management, if you like), the process, the proper scope for “analytics” is to help answer the right set of questions surrounding the optimal management of supply. Therefore, the scope of this business process is massive, and so is the breadth of technology used for supply analytics. But the key thing to remember is the analytics is a business capability - not just about technology. This paper, excerpted from our Spend Matters PRO Procurement Information Architecture series, is here to help guide you through the analytics process.

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Metadata Explained: What it Means for Spend Analytics, Supply Risk, Supplier Performance, and More

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In procurement, especially in areas of risk management, the opportunity to develop additional value from metadata analysis is enticing. Sure, it requires a bit of initial programming and possibly some hardware to really massage the data, but after that there’s really no variable cost associated with this. The benefits can be tremendous – done right, this will be the most power risk analysis and opportunity assessment approach supply chain has ever seen. This paper illustrates some practical ideas regarding the benefits.

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Ask the Expert: Analytics & Analysis: Theory and Practice

Spend Matters Premium Content - Ask the Expert Video Replay
This Ask the Expert session features Spend Matters Netherlands’ Gert van der Heijden on the nebulous topic of spend analysis. Specifically, he’ll answer questions like: what is the current state of technology in this area? What are companies doing (or want to be doing) right now? How can you close the analysis and analytics gap? What are some examples in predictive analytics? What are the best practices (and the worst mistakes)? And finally.. what will the future hold?

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When Sourcing Becomes Supply Chain

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The migration to data-driven analysis as a constant must take place in procurement - and it is happening right now. Sourcing is becoming supply chain. This is an incredible shift that can reshape what strategic procurement can do for organizations of all types, industries, and sizes. By looking at a wide range of criteria and data that encourages options and supplier creativity in the sourcing process, a whole new range of potential supply chain and procurement outcomes emerge. This Spend Matters Perspective introduces readers to three specific case studies where we've seen sourcing become supply chain.

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Changing Roles of Procurement Leaders – The Analytical CPO

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To succeed in today’s quickly changing business environments, procurement leaders must be increasingly analytical and data-driven. Decisions have to be based on evidence and analysis, not just personal judgment. This paper sets the scene by describing why analysis is at the heart of procurement activity and then moves into seven key areas where success is necessary. We conclude with the skills and capabilities that are necessary to hone - will you measure up? Download now to find out.

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Where Spend Analysis Meets the Supply Chain

Spend Matters Perspective - Free Research Download
Explore the case study of how FMC Technologies, a large oil & gas firm, was able to shift the paradigm of spend analysis to supplier performance management. Download to read their story and come away with action items you can apply to your own organization.

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Market-Informed Sourcing: A game-changer for Procurement

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The latest advanced sourcing technology brings opportunity for organisations – but only if procurement changes the current approach to Category Management, one of our most fundamental processes and methodologies.

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The Future of Procurement Analytics and Content

Analytics & Spend Visibility Compass - Free Research Download
This paper presents three experiential scenarios that we hope will provide companies with distinct visions for what advanced procurement analytics can enable using off-the-shelf capabilities today.

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Analytics and P2P: Using Spending and Payment Insights

Analytics & Spend Visibility Compass - Free Research Download
Spend Matters research suggests that the most powerful approach in defining an ideal future transactional buying and P2P state comes not from what we’ve expected to achieve in the past, but what we can challenge ourselves to quantify, benchmark, define and measure in the future. Put another way, rather than simply implement P2P (e.g., eProcurement, EIPP, T&E, etc.) systems and related analytical tools to pursue and measure the previously bulleted activities, organizations should first understand both what’s possible from a quantitative improvement standpoint and where they are today.This Spend Matters analysis provides both tactical direction for understanding P2P savings and working capital management strategies both broadly and on a category basis as well as expert benchmarks to help companies get more from their efforts.

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Intersection of Analytics and Supply Chain Risk Management

Analytics & Spend Visibility Compass - Free Research Download
Simply having access to supply risk information does little to avoid supply chain catastrophes. This research shows you how you can leverage supplier intelligence and analytics to drive early intervention in potentially high-risk situations. Includes vendor coverage.

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Using Sourcing Intelligence to Combat Commodity Volatility – The Price Index Advantage

Spend Matters Perspective – Free Research Download Using Sourcing Intelligence to Combat Commodity Volatility – The Price Index Advantage Jason Busch, Executive Editor, Spend Matters If you ask just about any business executive in the manufacturing world to reveal their most difficult challenges, chances are that commodity volatility will top the list. At no other time in recent history have we seen so many commodities rise and fall in such a compressed period of time. Thanks in part to flexibly flowing capital in the global investment markets as well as growth patterns in developing economies like China and India, there has […]

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