Tagged Content: L1

An Open Call to Hotels to Not Poison Their Customers: A Procurement Perspective

- January 30, 2015 6:39 AM | Categories: Friday Rant

coffee-coffee-machine-cup-3042-825x550 Being a relatively frequent traveler, I’ve been noticing a steady increase in the placards employing me to conserve energy, to conserve water (by not washing my towels) and to appreciate all the wonderful eco-friendly things the hotel is doing to be more sustainable and help us all be more healthy and happy. And then my eye turns to the coffee condiments...

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Donations Decreasing the Amount of Wasted Food in Chicago (Waste Matters! Part 9)

- January 29, 2015 6:28 AM | Categories: Supply Chain, Supply Chain Management

13777990626s8em The Greater Chicago Food Depository helps to feed more than 812,000 men, women and children in Cook County, Illinois, each year. One in every 6 people within the county turns to a local food pantry or soup kitchen for assistance. The Food Depository gathers food from local grocery stores throughout Cook County - food that may otherwise be excess supply and therefore wasted - and distributes it to these programs that distribute food and prepare warm, fresh meals for those in need. It's one way some grocery stores in Chicago are reducing the amount they may throw out - by donating it to a worthy cause.

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Creating a More Sustainable Food Supply Chain, But at What Cost? (Waste Matters! Part 8)

- January 27, 2015 6:22 AM | Categories: Supply Chain, Supply Chain Management

Clouds and corn How do we make the supply chain more sustainable? What changes can we implement to reduce the amount of wasted food? While businesses are clearly losing money either overbuying or underselling their food products, efforts to make changes to the supply chain cost money, too. Would that cost travel down to the consumers? That’s something else businesses need to think about. And would consumers be willing to pay extra for food products from a store that practices sustainable practices?

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P2P and ERP Integration: New Requirements, Evolving Tactics

- January 23, 2015 6:12 AM | Categories: ERP, Learning / Research, P2P

file000898499863 Without tight ERP linkages, the value of e-procurement and e-invoicing systems is greatly diminished. The Spend Matters P2P research team recently teamed up to write the white paper, Cloud P2P Deployment: A How-To Guide to SAP and ERP Integration with eProcurement and Beyond, which delves into strategies and tactics for making P2P and ERP integration work.

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Beyond Approved Invoices: Using a PO to Trigger Financing

- January 22, 2015 10:03 AM | Categories: Analysis, Finance, Invoicing, Trade Financing

1350658030t6lus While invoice discounting is getting nearly all of the attention today at the intersection of P2P, business networks, supplier networks and trade financing, might a purchase order (PO) actually be a better event trigger? The answer, if you can mitigate risk, is: absolutely. Financing off a PO allows, in theory, a significantly greater term over which to finance (and gets cash into the hands of suppliers more quickly).

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What Procurement Can Learn From the New England Patriots

1402599653zouip My colleague Peter Smith penned a great article earlier this week on what procurement can learn from Russell Wilson and the Seattle Seahawks and their amazing come-from-behind win against the Green Bay Packers. The Seahawks will face the New England Patriots in the Super Bowl XLIX – what should be a terrific game. As I write this article from my home near Boston, I thought it’d be good to provide another perspective– this time from the Patriot’s point of view. I know: big eye roll from fans of the other 31 teams and the all Patriot’s haters. Don’t attach too much of your ego to any team, it’s just a game right? Rather, let’s learn from one game and apply it to another, namely the Great Game of Procurement.

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Integrating Cloud P2P Solutions with SAP: Framing the Case For Robust Integration

- January 20, 2015 10:02 AM | Categories: Analysis, Cloud, Learning / Research, P2P

blue-clouds-cloudy-3768-978x550 P2P integration has come a long way. Even in the cloud, for that matter. No longer is it necessary to have armies of consultants descend into the depths of the IT dungeon to get an e-procurement module to talk to various SAP instances. The Spend Matters P2P research team including Xavier Olivera, director of P2P research, Jason Busch, founder and managing director, and Thomas Kase, vice president of research, recently teamed up to provide an in-depth look at P2P integration strategies. Not for the superficial faint-of-heart, their analysis, Cloud P2P Deployment: A How-To Guide to SAP and ERP Integration with eProcurement and Beyond, explores specific integration points, strategies and tactics to make cloud procurement solutions talk to on-premise ERP (with Coupa as the use case).

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Will Ariba and SAP Increasingly Abandon “Upstream” Innovation in 2015?

- January 19, 2015 6:48 AM | Categories: Ariba, Innovation, SAP

file000748535368 In 2015, Ariba and SAP will continue to put a lot of stock at the intersection of building a broad P2P (finally inclusive of the final P: “Pay”) capability with increased network power and services. This will include native integration to the capabilities from Fieldglass and Concur (especially to generate a positive ROI on nearly $10 billion of investment in buying these 2 firms) into their general procurement value proposition and solution set. If Ariba and SAP get 50% of their activities in these areas right in the next 24 months, momentum alone will carry the day from a commercial perspective (provided they can preserve the talent and expertise from Fieldglass and Concur).

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Everything You Thought You Knew About Taulia and Tungsten is Wrong

Screen Shot 2015-01-15 at 4.05.36 PM A bunch of folks on the Spend Matters analyst team have collectively spent thousands of hours in the past year digging into the intersection of receivables financing, payables financing and purchase-to-pay (P2P). We’ve explored vendors from all sides, including Taulia and Tungsten. Read on to hear the "myths" and the reality behind these two companies.

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SAP and Ariba: Morphing or Moving to Full EDI Network Replacement and Support?

- January 15, 2015 9:45 AM | Categories: Ariba, Procurement, SAP, Services and Indirect Spend

1378150916w6rzd A move we’re watching closely at Spend Matters in 2015 is SAP’s and Ariba’s continued investment in expanding its supplier/business network outside of primarily enabling indirect procurement connectivity (and now contingent/services and T&E as well with Fieldglass and Concur). Indeed, the ability to support additional transactional document types and have network-based workflow, routing and translation across different standards for direct specific use cases (e.g., change orders, goods receipting and labeling) will be central to enhanced offerings for direct spend enablement. Customers are also looking for increasing levels of integration and connectivity services from their technology partners as part of a “single throat to choke.”

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Tackling Commodity Management Within Procurement – Beyond the Oil Crash

- January 14, 2015 10:13 AM | Categories: Analysis, Commodities

OLYMPUS DIGITAL CAMERA Because of our work tracking, analyzing and forecasting industrial metals prices, commodity management is something we spend quite a bit of time thinking about at Spend Matters and MetalMiner. But too many procurement organizations only give it enough consideration when there’s a crisis – positive or negative. In the February issue of Surplus Record, Lisa Reisman and I penned a column that covers some of the basics of creating good commodity management strategies for procurement. We’ve also linked quite a bit of our Spend Matters PRO coverage and other site commentary on the topic at the end of this post.

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Why Are Financial Supply Chains Not Keeping Up With Physical Supply Chains?

- January 13, 2015 6:18 AM | Categories: Finance, Supply Chain, Trade Financing

file00088836384 Financial supply chains and global capital flows are highly complicated. So, too, are physical supply chains. Yet the way cash flows around the globe is actually quite antiquated compared to the flow of goods and materials (and the information trail that can enable better procurement and supply chain management compared with trade financing). In the white paper, “On-Demand, Event Triggered Finance With Network Models – A Game Changer?,” my colleague David Gustin captures this idea when he notes that, “In many industries, the financial supply chain has lagged behind the advances made by the physical supply chain by a decade.”

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