Tagged Content: L2

Free Research: Payables Datasets a Gold Mine of Savings

- October 17, 2014 8:27 AM | Categories: Learning / Research

While you may be accustomed to studying analytics from “spend” and “procurement” perspectives, we here at Spend Matters have published new, enlightening research on the savings and working capital insight that can be gained from studying payment analytics. Spend Analytics, Payment Analytics: The Gateway to Gold in Them Thar Hills by Jason Busch (managing group director, Spend Matters) is now available for free download.

more ▸

Supply Ecosystems: Co-opetition – Where Cooperation and Competition Meet

- October 16, 2014 6:16 AM | Categories: P2P, supplier networks, Supply Chain Management

We recently shared some thoughts around the premise of an article that will soon be published in the Journal of Business Logistics authored by Penn State’s Christopher Craighead, Auburn University’s David Ketchum and the University of Tennessee’s Russell Crook that argues why a new type of supply ecosystem will replace current sourcing and supply chain models. One of the arguments the authors make is that in this new model, rising levels of co-opetition will take place within supply ecosystems. Co-opetition does not just have to mean “supplier vs. supplier.”

more ▸

MBO Partners’ Gene Zaino on the Rise of the Independent Worker (Part 2)

- October 15, 2014 6:28 AM | Categories: Commentary, Perspective

Spend Matters recently interviewed Gene Zaino, president and CEO of MBO Partners, on his firm’s recent study looking at the rise of independent workers in America. In Part 1 of the interview, Gene began to share his thoughts on key takeaways from the MBO survey, surprise findings from the report and what it means for government and tax policy. Today, we continue our discussion with Gene.

more ▸

Providing Sustainable Supply Chain Guidance Upstream – Improving Both Price and CSR Impact at the Design Phase

- October 14, 2014 10:19 AM | Categories: Sourcing, Supply Chain, Supply Management, Sustainability

One of the hallmarks of direct materials sourcing in discrete manufacturing is the typical percentage of spend that is “locked in” during the design process – it can be has high as 90-95%. In other words, the design decisions that engineers make are also the “cost decisions” that procurement and the business must live with. These include factors that span materials, tolerances, processes, dimensions, durability and many other requirements.

more ▸

MBO Partners Gene Zaino on the Rise of the Independent Worker: Men, Women and Surprise Findings

- October 13, 2014 10:07 AM | Categories: Commentary, Learning / Research, Perspective

I recently had the chance to ask Gene Zaino, president and CEO of MBO Partners, to share his comments and thoughts on his firm’s 2014 State of Independence in America workforce study. In this two part-series on Spend Matters, we feature Gene’s perspective on the topic.

more ▸

The Freelance Workforce and Services Procurement: What is Your Share of $1 Trillion in Spending?

- October 10, 2014 2:31 AM | Categories: Industry News, Learning / Research

MBO Partners just released its 2014 State of Independence in America workforce study. Based on surveys and interviews with of more than 11,000 freelance workers in the past 4 years, the annual report highlights the rise of both the part-time and full-time freelance workforce. These workers earn over $1 trillion annually in North America and represent what appears to be the fastest growing segment of the overall workforce based on MBO’s survey data and other analyses we’ve seen.

more ▸

Rethinking Procurement – and Rethinking Talent (Part 1)

- October 9, 2014 10:24 AM | Categories: Procurement, Procurement Commentary

The most advanced procurement functions we research and work with are stepping beyond existing mandates and beginning to make us radically rethink the role of the procurement function and how it might look in the coming decade and beyond. In the first post in this series, Mind the Talent Gap in Procurement, we began to explore why most organizations have such a hard time aligning procurement and supply chain talent with today’s business requirements.

more ▸

Reforming and Rethinking Procurement Talent From the Beginning

- October 8, 2014 6:20 AM | Categories: Analysis, Procurement, Procurement Commentary

While more empirical evidence is needed, it is clear that what has been tried in the past is not working when it comes to procurement talent management. It is time to start over and become more scientific in how we think about talent and the complex organism that is procurement, using many of the ideas that we’ll be exploring in this series of posts on the topic.

more ▸

Mind the Talent Gap in Procurement

- October 7, 2014 6:23 AM | Categories: Analysis, Procurement

We once heard a joke (from a client in procurement, nonetheless) that asked the question: Where should people go to die or kill their careers? The punch line was, you guessed it, “Give procurement a try!” We can all laugh at ourselves, but money speaks louder than humor – even if old jokes die hard. During the past decade, procurement functions collectively have spent billions of dollars on software, procurement transformation programs and third-party services in an attempt to drive better and more efficient outcomes. And they've done this in an environment that is changing rapidly, as is expected of the function.

more ▸

CPOs Sourcing Locally: New Research Available from Spend Matters

- October 6, 2014 11:17 AM | Categories: Learning / Research

Chief procurement officers and supply chain organizations can employ the tactics laid out in this new piece of free, downloadable research from Jason Busch (founder and managing director of Spend Matters) and Thomas Kase (vice president of research for Spend Matters). Local Sourcing: Exploring Enablers of Supply Chain and Procurement Localization digs deeper into global spend visibility, sourcing and supplier management tools and leveraging local pricing data.

more ▸

Register Today for this Webinar Airing Live on Oct. 22

- October 3, 2014 6:12 AM | Categories: Learning / Research

The Death of Traditional Catalogs: Realizing Sourcing Savings with Next-Generation Requisitioner Support will take place Wednesday, Oct. 22 at 10 a.m. CDT. Join us as Pierre Mitchell (Chief Research Officer, Spend Matters) and Xavier Oliver (Spend Matters México y America Latina) discuss next-gen catalogs and how they can create more savings while boosting your bottom line. Register for this live event today!

more ▸

How Will Payments and Supply Chains Change by 2025? – Straight Talk With Traxpay’s John Bruggeman (Part 5)

- October 2, 2014 2:25 AM | Categories: Procurement, Procurement Commentary

Wrapping up our interview series with Traxpay’s John Bruggeman, we turn to questions of risk and safeguards with new supplier payment models and conclude by examining how payments could change how supply chains look by 2025. Also see our first, second, third and fourth installments published earlier this week in this series as well. Enjoy!

more ▸