Next Level Sourcing & Commodity Management Compass
Jason Busch and Thomas Kase, Spend Matters
For us, the fundamental question that should come before all others when considering ERP provider tools is whether or not the primary purpose will be to focus on driving better sourcing and purchasing outcomes or impacting the business in different ways beyond procurement.
Jason Busch, Spend Matters
Explore the evolution of sourcing platforms from the basic reverse auction/RFX/e-sourcing capabilities of yesteryear to the more advanced sourcing and commodity management platforms available today, and discover ways to set up and manage approaches to implement savings programs that go to the bottom line.
This analysis takes a detailed look at the additional capabilities that mature companies are deploying in today's sourcing and commodity management arena. It examines, among other areas, the case for sourcing optimization outside of logistics (including both services and manufacturing) and commodity risk management platforms for tracking and managing hedging strategies, exposure, etc.
By Jason Busch and Lisa Reisman (with additional commentary from Brad Clark, FIS Senior Derivatives Broker)
This Compass research paper explores the capabilities that organizations need to better manage volatility across their spend portfolios primarily on the base materials/ingredients level including raw material spend "owned" by suppliers. It provides an essential background on commodity pricing and risk assumption models, forward contracts, futures, swaps, options, and ETFs.