Downloads: Procurement Research

Smart Spend Compliance: Using Spend Analytics to Reduce the Cost and Risk of Non-Compliance

This paper won’t dive into the mechanics of spend analytics related to identifying potential savings from strategic sourcing (e.g., reduced pricing via competitive bidding to aggregate spending to preferred suppliers). Instead, we will focus on how firms can expand their spend analytics to identify and fix non-compliance scenarios that cost real money and introduce real business risk.

Total Talent Management and the Contingent Workforce Paradox

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Organisations realize they must consider the contingent workforce similarly to how they manage internal staff — in the search for talent, in managing performance and even in retention or exit. At the same time, the contingent workforce is different, and thus requires different processes and management, from the permanent group. The current regulatory environment, while not the only driver, means that governments will increasingly require careful management of the contingent workforce if organisations are to stay within the law and avoid reputational and financial risk.

The Past and Future of Strategic Sourcing – Looking Back to Look Forward at E-Sourcing

The future for e-sourcing is bigger and brighter. But as it evolves, it's becoming something different, stretching far beyond what others originally conceived it to be. This future may even seem foreign to those brought up to think about the tools as just a way to model a traditional seven-step process. Yet we can promise you this: emerging e-sourcing scenarios and capabilities will create far greater value for the business and help procurement’s stature rise more than simply pushing through as many events and auctions as possible.

A Case Study in Global Supply Chain Risk Management: How AGCO Implemented an SCRM Solution to Save Millions

This is a case study of how AGCO worked with riskmethods on their supply chain risk management solution. Supply chain risk management is still in its infancy. If we're honest, the solutions on the marketplace today are only scratching the surface of what is possible. Any company that has grown beyond a trivial size realistically has to be proactive about risk, not reactively fighting the fires when emergencies strike. AGCO's foray into the space was forward-looking and extremely successful. Read on to discover how SCRM can help your organization!

Full Value Buying: Moving Beyond Price Negotiation

We look at range of procurement mechanisms that can drive better value, and then consider two aspects in more detail – demand management and specification – which can drive far greater benefits than a pure price focus!

Guided Buying: Making P2P Consumerized and Compliant

Rote “drive-by sourcing” events and a resultant contract thrown over the wall into a poorly designed and automated P2P process/system doesn’t make for the best buying experience. Requisitioners who are not able to easily find what they’re looking for (and then get hand-slapped when they bypass preferred vendors) are not exactly going to have a delightful experience with procurement’s designed buying process. Let’s make it easy. Here’s how.

Ask the Expert: The State of Trade Financing Technologies

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Jason Busch and David Gustin talk trade financing news and technology in this Ask the Expert session. They dissect the market, giving a glimpse of the behind-the-scenes action with solution providers, what companies are partnering up and discuss integration efforts with P2P, services procurement and other areas.