This Q & A style paper looks at why the time is right for mid-sized firms to consider investing in purchase to pay technology, and answers the questions typically asked by CFOs and CPOs.
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!
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.
In this briefing paper, we look at the factors that contribute towards making a sourcing process or task “complex” – and explain why that matters to procurement functions and people.
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.
The history and growth of the US staffing market reflects many of the overall economic, technology and political trends of the last century. Increasing skills specialization in highly targeted areas (and the demand for such skills), the ending of the traditional “life employment contract” between worker/company, the embrace of greater variability in corporate cost structures and the need to “flex” to meet demand-driven requirements all contributed – along with a host of other inputs – to a staffing market that would ultimately represent approximately 2% of the labor workforce. Yet new trends appear to be favoring alternative models to staffing for contingent (non-employee) workers. What do these trends mean, and where are they taking this market segment today? Find out in this free download.
Spend Matters Premium Content - Ask the Expert Video Replay
Jason Busch hosts this session dedicated to discussing the next generation and services procurement and VMS technology coming down the pipeline. What should we expect from these technologies in the future? Tune in to find out.
This 3-part Spend Matters PRO brief, authored by Chief Research Officer Pierre Mitchell, provides an outlook on how best to manage supply risk programs in 2015. The lessons he presents are based on his experience working with and learning from best practice procurement and supply chain organizations – and academics in the field.
In this case study, we take an honest, detailed look at how France's giant national rail network, SNCF, implemented Sievo's spend management solution to improve procurement transparency and ultimately prove its value to the organisation.
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.
In our experience advising and doing research in the realm of risk management, many Spend Matters readers instinctively write longer and longer contracts with more and more regulations to follow. But these don’t necessarily prevent tragedies (even though they keep contract managers and attorneys in business). But how realistic is that? You will become cripplingly difficult to work with – and suppliers would pass along increased costs. This paper walks you through the Spend Matters risk management starting point.