Downloads: Procurement Research

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?

Empoderando al área de compras: Soluciones de technología de información para la función de compras

En Spend Matters buscamos empoderar a las áreas de compras con contenidos de valor, en esta ocasión realizamos un estudio sobre el uso que las empresas mexicanas le dan a las tecnologías de información para habilitar o fortalecer su función de compras, en especifico las relacionadas con: Compras electrónicas, análisis del gasto, contratación de servicios, catálogos electrónicos, contratos, proveedores, abasto estratégico, gastos de viaje y facturación electrónica; esperamos que este estudio sea de valor para ti y nos des tu retroalimentación.

50 Shades of Pay: Giving the Car Keys to Those Who Own the Cars

Business users should be brought in early as part of a spend analysis requirements definition and solution evaluation, but we do find that many procurement organizations hold off until they have built out a reasonably solid-to-spend cube at the line-item level (by supplier, category and cost center) before they really start turning over the keys of the spend analysis tool to the end users for their own inquiries. That's all well and good, but the biggest source of failure in spend analytics is the same source of failure with any type of systems: non-adoption. You want people to use systems? Then you have to hand over the car keys.

Supply Risk Management 2015: Lessons from Leaders

When it comes to supply risk, you may have heard the term "think globally and implement locally" as a way to align risk and reward. You also know that it's critical to create the right set of metrics and benchmarks in this area, but in our experience, we haven't spoken to many people who have a good idea of where to even start. In this paper, Chief Research Officer Pierre Mitchell will walk you through some good starting points based on lessons learned from industry leaders.

Implementation Considerations in Quantifying and Tracking Hard Cost Savings

“What are cost savings, really?” you may ask yourself. It’s a simple question with a surprisingly complex answer. In this new research download, Pierre Mitchell walks through various ways procurement can lock down hard cost savings in all sorts of areas beyond reducing spend. Download now to learn exactly how to get procurement the credit it deserves.

Three Occasions When Procurement Should Spend More

Spend Matters - Free Research Download
In this paper, Peter Smith of Spend Matters UK/Europe looks at why cost reduction isn’t always the right strategy. He also introduces the concept of value categories - spend areas where spending more can add to overall shareholder value. Finally, Peter solves an age-old procurement problem (with maths)! 

Re-thinking and Re-claiming “Tail Spend”

Spend Matters - Free Research Download
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.

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

Spend Matters PRO Only - Premium 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.

How to Justify Spend Analysis to Finance / IT When There’s No Clear ROI

Spend Matters PRO Only - Premium Research Download
Analytics are all the rage. And spend analysis is Procurement 101. So, getting some reasonable investment shouldn't be a problem, right? Wrong. The problem with analytics is that the identified value is all “option value.” You don't know how much value opportunity you will uncover with the analytics until you actually perform them (and implement the identified opportunities)! This article, which previously appeared on Spend Matters PRO, gives you ten ways to overcome this Catch-22 problem.

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?

For Want of Clean & Accurate Supplier Data, the Supply Chain Was Lost

Spend Matters PRO Only - Premium Research Download
The typical Global 2000 firm sits on a broad and deep range of supplier and related spend data that is typically far from adequate. Does a collection of overlapping point solutions, spreadsheets, file cabinets, e-mail inboxes, and SharePoint directories sound familiar? You’re not alone. Read this extensive analysis of how best to approach the big picture around supplier data quality - with a primary focus on the business benefits of SLM (supplier lifecycle management) combined with the supplier-centric subset of MDM (master data management).

Everything You Wanted to Know About MRO Sourcing But Were Afraid to Ask

[pprhead]Spend Matters - Free Research Download[/pprhead]
If your procurement organization is applying old techniques to a category where new approaches, options, and technologies can dramatically impact the cost and quality of the MRO experience, then you’re losing out on potentially tens of millions of dollars of savings. The effective sourcing of the most strategic and largest MRO areas requires that procurement organizations invest the time to segment their spend effectively by fully exploring different supplier options and understanding internal preference. This paper offers the strategies and tools to do just that!