Downloads: Procurement Research

Spend and The Art of Cost Reduction

Spend Matters - Research Download
There is a Zen Buddhist riddle that says, “If you seek it, you can not find it.” If you seek happiness as an outcome in life for its own ends, rather than a byproduct of merely living life fully, you’ll likely not be happy. The same goes for cost savings. Procurement organizations that focus only on the same approaches for finding purchased cost savings will not be happy, nor will their stakeholders, who own the spending. Not only is it impossible for procurement to save its way to zero, but stakeholders also will view these efforts as narrow and self-serving, rather than helping them maximize the value of their spend to accomplish their objectives. Download this paper - sponsored by BravoSolution - to learn the true art of managing spend and cost reduction.

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!

How to Wring Every Bit of Value Out of Spend Data

In this introductory analysis, we begin our exploration of how to wring every bit of value out of spend data. From basic Accounts Payable (A/P) spend analysis by supplier to more advanced topics, this is definitely the place to get started.

Implementation Considerations in Quantifying and Tracking Hard Cost Savings

Spend Matters PRO Only - Premium Research Download
“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.

Indirect Category Sourcing Savings: Fact or Fiction? Delivering Credible Benefits from Sourcing and Category Management Programmes

In this paper, co-authored by Peter Smith (Spend Matters) and Ed Cross, Executive Director, Procurement Services at Xchanging (XPS), we look at why most organisations would benefit from more focus on the area of programme and delivery management, including rigorous benefits tracking and reporting. We also look at "the Vault" – a new tool developed by XPS which combines capability to support effective programme management and governance with rigourous savings tracking and verification.

NEW! Is your Supplier Selection Process a Source of Competitive Disadvantage?

Spend Matters - Free Research Download
In this Spend Matters Research Paper we describe how pre-qualification can help – or hinder – your efforts to improve procurement performance, and why it is an important part of the overall sourcing process. We explain the different purposes of the pre-qualification process, why it is important and how it can add value. We look at how to construct and manage an effective pre‑qualification programme, and the different stages involved in the process.

Market-Informed Sourcing: A game-changer for Procurement

Spend Matters - Free Research Download
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.

Getting the Most From Analytics and Benchmarking

Services Procurement Innovation Compass - Free Research Download
Explores two key (and often confusing!) services procurement subjects, analytics and benchmark data. Includes actionable and practical use cases on the types of basic reporting capabilities, queries and data sets that VMS providers can support, and more advanced analytical strategies and capabilities.

A Foundational Look at P2P Technologies

P2P and Working Capital Compass - Free Research Download
Explore the market state of P2P platforms from basic, hosted e-procurement capabilities to broader deployments combining both best-of-breed and ERP technology components. Provides a short list of vendor recommendations in different arenas based on a variety of buying requirements and needs.

Trapped by Procurement BPO – Pull Out of the Mire

Expecting More From Procurement BPO Compass - Free Research Download
Explores challenges and common pitfalls to procurement BPO at all points in the decision and implementation process — from initial design to sourcing, transition and steady state operations. Includes a number of key recommendations.

Tips for Making the Promised BPO Benefits Real

Expecting More From Procurement BPO Compass - Free Research Download
There are a number of prescriptive organizational, operational and technology components that companies all too often don't fully think through before heading down the BPO path and pulling the trigger on a relationship – not to mention while evaluating their potential partner. This jointly authored Spend Matters / HfS Compass Series paper explores a number of insider tips in great detail, albeit in a fun and informal way.

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.