Spend Matters http://spendmatters.com Fueling Procurement Transformation: News, Research, Community, Blog Wed, 28 Jun 2017 14:40:37 +0000 en-US hourly 1 46020013 Catalant Raises $41 Million to Expand Its Transformative Enterprise Talent Solution and Bring in the Future of Work http://spendmatters.com/2017/06/28/catalant-raises-41-million-expand-transformative-enterprise-talent-solution-bring-future-work/ http://spendmatters.com/2017/06/28/catalant-raises-41-million-expand-transformative-enterprise-talent-solution-bring-future-work/#respond Wed, 28 Jun 2017 13:00:20 +0000 http://spendmatters.com/?p=110393

Categories: Services and Indirect Spend, Services Procurement & Contingent Labor, Services Procurement & Contingent Labor Management, Technology

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Boston-based Catalant, perhaps the leading technology platform for “business expertise,” announced this week that it has raised an additional $41 million in private equity. This brings the total investment in the company to $73 million since its founding in 2013. The new investment, which comes from the full complement of earlier investors (including Greylock Partners, GE Ventures, Mark Cuban), signals continuing confidence in the company and its future.

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“The Robots Are Coming” Pub Debate – The Line-Up Is Complete! http://spendmatters.com/uk/pub-debate-line-complete/ http://spendmatters.com/uk/pub-debate-line-complete/#respond Wed, 28 Jun 2017 12:30:28 +0000 http://spendmatters.com/?post_type=uk&p=110234/

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We can now disclose the final line-up for your forthcoming pub debate on July 13th, 6pm prompt start, at The Clarence pub – a very […]

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Indirect Spend Management: An Easy Putt for the Quick Serve Restaurant (QSR) Industry http://spendmatters.com/2017/06/28/indirect-spend-management-easy-putt-quick-serve-restaurant-qsr-industry/ http://spendmatters.com/2017/06/28/indirect-spend-management-easy-putt-quick-serve-restaurant-qsr-industry/#respond Wed, 28 Jun 2017 11:00:47 +0000 http://spendmatters.com/?p=110388

Categories: Category Intelligence (Indirect), Procurement Strategy & Planning, Technology

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While the market for procure-to-pay (P2P) solutions has exploded over the past decade, in terms of spend coverage, several notable blind spots remain across all industries. Usually, the gaps exist in notoriously complex areas of direct. On the indirect side of the house, the holes generally manifest in purchased services. But in the case of the quick serve restaurant (QSR) industry, the coverage problem isn’t limited to a few categories — it’s the other half of the enchilada.

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How To Determine the Business Impact of Our Digital Marketing Investments http://spendmatters.com/uk/determine-business-impact-digital-marketing-investments/ http://spendmatters.com/uk/determine-business-impact-digital-marketing-investments/#respond Wed, 28 Jun 2017 09:40:47 +0000 http://spendmatters.com/?post_type=uk&p=110366/

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As we said last week, not everyone at ProcureCon Marketing agreed that the phenomenon that is digital media is sweeping the advertising world with far-reaching […]

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Strategic Technology Planning: A New Imperative for Contingent Workforce and Services Procurement (Part 2) http://spendmatters.com/2017/06/28/strategic-technology-planning-new-imperative-contingent-workforce-services-procurement-part-2/ http://spendmatters.com/2017/06/28/strategic-technology-planning-new-imperative-contingent-workforce-services-procurement-part-2/#respond Wed, 28 Jun 2017 09:00:28 +0000 http://spendmatters.com/?p=110379

Categories: Procurement Strategy & Planning, Services and Indirect Spend, Services Procurement & Contingent Labor, Services Procurement & Contingent Labor Management, Technology

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In Part 1 of this series, we provided a context and rationale for the adoption of strategic technology planning for contingent workforce and services (CW/S) procurement. We also began the discussion of what strategic technology planning explicitly means for an organization and how it can be enacted. Part 2 of this series continues that discussion.

By way of summary, we defined “strategic technology planning” as a specific type of strategic planning that lets an organization (i.e., CW/S procurement) know where it is now, where it wants or needs to be some time in the future, how technology can be leveraged as an enabler and what changes in resource allocation and investment must occur or what constraints will condition progress. We should emphasize that strategic technology planning is not the same as a tactical plan or roadmap, though ideally it would lead to these.

Strategic planning is more about high-level understanding (insight and foresight) than it is about immediate, direct action. We believe it must become a critical component to any CW/S procurement function and program that wants to avoid being caught flat-footed and aims to deliver a new (and necessary) level of business value over a reasonable planning horizon (e.g., three to five years). This type of planning effort may represent a shift of gears for many procurement practitioners. For this and other reasons, we suggest and outline a process in this Spend Matters PRO research brief that is intended to help practitioners get started and pointed in the right direction.

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Guy Allen Finds Procurement Savings in All Sorts of Places … http://spendmatters.com/uk/guy-allen-finds-procurement-savings-sorts-places/ http://spendmatters.com/uk/guy-allen-finds-procurement-savings-sorts-places/#respond Wed, 28 Jun 2017 05:05:36 +0000 http://spendmatters.com/?post_type=uk&p=110230/

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Last week, Guy Allen (our friend and ex CPO from Santander, Fujitsu, etc) ran the latest in the Real World Procurement webinar series, sponsored by […]

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Afternoon Coffee: Catalant Raises $41 Million in New Funding, Amazon to Augment Whole Foods Warehouse Operations with Robots http://spendmatters.com/2017/06/27/afternoon-coffee-catalant-raises-41-million-new-funding-amazon-augment-whole-foods-warehouse-operations-robots/ http://spendmatters.com/2017/06/27/afternoon-coffee-catalant-raises-41-million-new-funding-amazon-augment-whole-foods-warehouse-operations-robots/#respond Tue, 27 Jun 2017 17:30:55 +0000 http://spendmatters.com/?p=110361

Categories: Afternoon Coffee

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Boston-based Catalant announced Tuesday it had raised $41 million in new funding, according to Forbes. One result of Amazon’s $13.7 billion acquisition of Whole Foods could be a total revamp of the way the organic grocer approaches distribution. Afternoon Coffee brings you the latest in procurement and supply chain news.

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On the Future of Direct Procurement Tech: An Interview with Dan Willmer, VP Sales and Operations at Jaggaer http://spendmatters.com/2017/06/27/future-direct-procurement-tech-interview-dan-willmer-vp-sales-operations-jaggaer/ http://spendmatters.com/2017/06/27/future-direct-procurement-tech-interview-dan-willmer-vp-sales-operations-jaggaer/#respond Tue, 27 Jun 2017 13:30:41 +0000 http://spendmatters.com/?p=110344

Categories: Category Intelligence (Direct), Commodities, Metal Miner, Procurement, Technology, World Trade

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Today we present another installment from our ongoing series exploring where manufacturing procurement technology is headed. Produced in collaboration with our sister site MetalMiner, these interviews feature questions from Spend Matters Founder Jason Busch posed to multiple experts at technology vendors on topics such as the current direct procurement renaissance, the increasing centralization of procurement departments, the volatile commodity environment and more. The most recent interview, published earlier Tuesday on MetalMiner, features Dan Willmer, vice president of sales and operations at Jaggaer.

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BASF and Thyssenkrupp – Two Giants Talk About Global Procurement Transformation http://spendmatters.com/uk/basf-thyssenkrupp-two-giants-talk-global-procurement-transformation/ http://spendmatters.com/uk/basf-thyssenkrupp-two-giants-talk-global-procurement-transformation/#respond Tue, 27 Jun 2017 12:31:24 +0000 http://spendmatters.com/?post_type=uk&p=110228/

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At the recent SAP Ariba Live event, there were several very good customer case study sessions. Two that shared some similarities were from BASF and […]

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Predictive Analytics Named Top Priority in New Survey of Category Managers http://spendmatters.com/2017/06/27/predictive-analytics-named-top-priority-new-survey-category-managers/ http://spendmatters.com/2017/06/27/predictive-analytics-named-top-priority-new-survey-category-managers/#respond Tue, 27 Jun 2017 11:00:56 +0000 http://spendmatters.com/?p=110338

Categories: Analytics, Procurement, Technology

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While some customers may protest that corporations already have us under heavy surveillance — spinning the metaphorical straw that is our purchases, internet history, socioeconomic data and more into predictive analytics gold — a majority of companies said in a recent survey that they are behind in their use of technology to understand and predict consumer behavior. And they’re very much motivated to improve.

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