Downloads: Procurement Research

Supercharging Category Management: Free Yourself from Siloed Sourcing to Unlock Breakthrough Value

By framing categories holistically and flexibly you can find new ways to model and manage supply markets to extract more value out of the supply chain. Supply markets are constantly changing and innovating, and so must your approach in managing supply. Off-the-shelf market intelligence reports and category strategies developed years ago will not likely give you a big boost. As such, you must look at category management as a living, breathing thing. It is both an art and a science. This ebook can only give you a broader palette of colors and some methods and tools to consider.

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?

Supplier Enablement for Invoice Discounting and Supply Chain Finance: Background, Tips, and Secrets for Success

Since the arrival of ERP purchasing, eProcurement, and e-invoicing systems in the 1990s, procurement and accounts payable departments have increasingly realized that supplier enablement is a critical process in achieving the expected returns on original investments. How to actually do this is another story. In this paper, Jason Busch walks you through background in this area before diving into tips and secrets for success.

Sustainability in Procurement: Prevent the Next Bangladesh Factory Fire From Happening Again

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.

A Radical Rethink of Commodity Management and Advanced Sourcing Strategies – Advanced Tactics That are Possible Today

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This is a collaborative research paper where we took an approach we haven’t taken before – it takes our internal knowledge (and that of Trade Extensions) and attempts to come up with pragmatic scenarios for the application of advanced sourcing/optimization capability to commodity management scenarios. In co-investing with a handful of manufacturing organizations, our goal is to produce working models that can be put into production. We feature three use cases in this paper of guinea pigs who have agreed to test out our new method of bridging the gap between sourcing, supply chain, and commodity management.

Reducing Costs By Optimizing the Financial Supply Chain

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Let’s face it: organizations are under more pressure than ever before to maximize current investments, increase productivity, and reduce costs to stay competitive. Procurement teams need to partner with their finance departments and third-party technology providers to ensure that critical suppliers can attain cash as efficiently and effectively as possible. This report shares results from a survey of over 300 procurement executives that Spend Matters conducted in partnership with ISM for their perspective on the state of the financial supply chain as well as what smart companies are doing to stay competitive and increase the bottom line.

Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization

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On the surface, supply chain localization may seem simple. In fact, it's far from easy. Requirements and practices in localization are often incongruous with some procurement and supply chain trends leading to greater centralization of efforts and management. Without the right structure, design, and technology, localization efforts can self-destruct before they're even up and running. And nobody wants that. Download this paper for some tricks of the localization trade from Jason Busch and Thomas Kase.

Putting the “Supply” in Supply Networks (Part 1)

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The typical CEO's agenda centers around growth and innovation. For the CFO, this profitable growth agenda must also be predictable – and efficient. The head of supply chain must then align with these strategic priorities for reducing cost and risk, while supporting growth and customer satisfaction. "How the heck do I do that?" you ask. You just can’t get there if you’re stuck in reactive execution mode and in the land of ERP systems, spreadsheets, EDI, and duct tape. Part 1 of this two-part series gives you the tactics and tools you need to enter what Spend Matters terms Supply Management 2.0. Ladies and gentlemen, welcome to the digital supply chain.

Putting the “Supply” in Supply Networks (Part 2)

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How do you typically think about procurement? As a straight line, where you find low-cost sources of supply, make a purchase, and that's it? We see this as a problem in a lot of firms. What if all of your suppliers could provide better part-level performance on a broader/balanced supply scorecard? It turns out that they can, if your supply chain were managed more holistically and orchestrated better.

Ask the Expert: From Russia With Risk — Sanctions, Embargoes, and Your Supply Chain

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Supply Risk is coming to you! We couldn’t convince Putin to join us on this Ask the Expert session, but we did secure Gert van der Heijden of Spend Matters Netherlands. He covers how Russian sanctions might impact your supply chain, risk management tactics for this specific situation, different scenarios to consider, and solutions to support your contingency strategy.