Downloads: Procurement Research

How to Connect Inventory with Research Procurement: A Global Pharmaceutical Company’s Journey

Spend Matters - Free Research Download

Numerous industries are critically dependent on inputs that aren’t neatly wrapped and packaged in cardboard boxes. From ingredients, chemicals, powdered metals and slurries to other bulk materials, many industries have unique purchasing challenges.

Even amidst this diversity, the research lab is a special breed. Its inputs are acquired spontaneously and from diverse suppliers and information sources, have to be available quickly and often come with special handling and exposure compliance rules. From extreme outliers like radioactive materials to day- to-day compounds, all chemicals need to have clear handling guidelines, even fairly innocuous ones. Researchers, who are often prized for their independent thinking, are key decision makers. Gaining their adoption requires processes that are simple, effective and add value.

Download this case study to see how a global pharmaceutical research leader drives procurement success!

Making the Business Case for Procurement Suites

Spend Matters - Free Research Download

It’s hard to talk about the evolution of procurement technology without using at least a few buzzwords. So before we delve into the heart of our argument in this paper, let’s dispense with some industry jargon (which we’ve put in scare quotes below), as we share a quick history of the sector and how the market began to favor suites over point solutions.

When procurement applications first hit the scene, in the early 1990s, they were what we might term “module-based,” “best-of-breed solutions” that addressed “point-based problems” that, when properly deployed, could often generate a significant return to procurement. In many ways, they brought the then-called purchasing function out of the spreadsheet-laden dark ages and into modern times. But these tools, like all promises that appear too good to be true, had their downsides.

Download this paper to learn more!

The Merger – A Procurement Story

Spend Matters - Free Research Download
The Merger is a short novel in four chapters. It follows and scripts the daily lives of two CPOs whose businesses have been recently merged: the one, a fully tech-savvy, source-to-pay function, the other, relying on personal expertise and hands-on manual processes. We learn of their opposing challenges and how they resolve them -- together.

9 Things Contingent Workforce Procurement Can Do to Prepare For Online Talent Platforms

Spend Matters - Free Research Download
The use of Work intermediation platforms (WIPs), has grown rapidly over the last 10 years. According to Spend Matters analysts, the number of WIPs worldwide grew to nearly 300 platforms in mid-2015 from just 25 in 2005. Despite this growth however, they have not yet become a real part of enterprise contingent workforce sourcing and more traditional buying programs. Given the enormous opportunities these platforms present for businesses, ignoring their increasing presence could be a major mistake. You’ll need to not only become an expert yourself on this segment, but also explain to and collaborate with your managers and end users to realize these opportunities.

Procurement Technology and Services

Spend Matters Video Content - Webinar Replay
While there isn't a mobile app just yet for matching your organization with the most attractive and appropriate technology fit, we think we have a solution. Jason Busch, founder and head of strategy at Spend Matters, joined Beeline to discuss the good (and bad) of the ever-growing procurement technology and services spectrum.

What Do Procurement People Do All Day? (And What Should They Do?)

Organizations as well as individuals should absolutely think about what they do all day, and then compare it to the allocation of what they should be doing all day. Being disciplined about what holds value for you (and your stakeholder) and then measuring and managing (including building capabilities to achieve those measures) to that is a foundational competency that is often overlooked!

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.