Downloads: Procurement Research

Design Thinking in Procurement: Re-imagined Supply Services in a Digital Value Chain

In the 1980s, General Motors learned a difficult lesson about technology when it copied Japanese auto manufacturers in their use of robotics — but didn’t copy anything else. Thinking that large capital investments in technology were the key element to the success of Japanese automotive supply chains, GM spent billions purchasing hundreds of industrial robots. Management claimed the increased automation would significantly boost productivity. Instead, the robots broke down and started painting themselves, breaking windshields and even welding doors shut at a Cadillac plant. Yet beyond the production delays and the expensive repairs required to straighten out the wayward robots, GM missed an essential point. The Japanese automakers saw robots as just one element of a larger supply chain design. GM’s competitors were successful not because of a technological silver bullet but because they had designed an operating plan that translated customer-focused product design into a simplified, flexible, self-improving supply chain. The lesson? There are no quick fixes or cure-alls. You need a comprehensive approach. Download this paper to learn how!

4 Ways to Drive Down Energy Costs in a Historically Low Energy Market

Spend Matters Video Content - Webinar Replay
In this webinar replay, Insight Sourcing Group’s Tommy Greer and Spend Matters’ Pierre Mitchell discuss how high-performing procurement organizations are managing their energy spend and the top four ways that you can drive down energy costs.

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

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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.