Learning/Research Content

Thinking (about Procurement) Fast and Slow with Daniel Kahneman (Part 2)

Our last article introduced Daniel Kahneman’s brilliant “Thinking Fast and Slow” book, which explains how our thought processes work. He is a psychologist, but won the Nobel Prize for economics as his work explained how humans really think and behave, which turned out to be quite differently to how that was treated in classical economic theory. He introduces the concept of System 1 and System 2 thinking, where System 1 is intuitive and effortless, whilst System 2 is more considered and therefore harder work for us!

Thinking (about Procurement) Fast and Slow with Daniel Kahneman (Part 2) [Plus+]

Our last article introduced Daniel Kahneman’s brilliant “Thinking Fast and Slow” book, which explains how our thought processes work. He is a psychologist, but won the Nobel Prize for economics as his work explained how humans really think and behave, which turned out to be quite differently to how that was treated in classical economic theory.

E-Sourcing: What’s Changed in the Past Five Years (Part 2) [PRO]

In the first installment in this series, we talked a lot about the changing e-sourcing landscape based on observations from a deep dive sourcing analysis […]

25 Procurement Productivity Improvements You Can Make Right Now (Part 1) [Plus+]

In April 2013, Spend Matters conducted a research study (sponsored by Hubwoo) with ISM (The Institute for Supply Management) to focus on how to improve procurement productivity. Even though procurement has a >10X ROI as a function, it is still under the same pressure as other functions to improve productivity, especially since they’re typically asked to do even more (beyond spend savings) with less. So, we came up with a punch list of 25 things that procurement organizations could do to free themselves up from the tactical and focus on the strategic.

Indirect Category Sourcing Savings?

Today we'd like to feature a new research paper authored by Spend Matters UK/Europe's Peter Smith: Indirect Category Sourcing Savings : Fact or Fiction? Delivering Credible Benefits […]

How to Buy Procurement Research & Advisory Services

Procurement organizations, especially CPOs, are barraged daily by membership/subscription-based services that offer them research, advisory (i.e., non-project based consultation), peer networking, events, tools, benchmarks, etc.  […]

How to Buy Procurement Research & Advisory: Part 1 – The Landscape [Plus+]

One popular service procurement organizations spend some of their hard earned budget on is subscription-based procurement research and advisory. Since there are limited players, limited budgets, and limited time to evaluate them all, this first Spend Matters PRO piece will focus on the various providers and some overall guidance on choosing them based on my previous experience working for a few of them and talking to countless procurement organizations about their experiences. We will also provide some more in-depth comparative analysis of the individual providers and some market intelligence on how to best engage them.

Do We Really Need Another Category Scorecard?

Spend Matters welcomes a guest post from Andrew Bartolini, Chief Research Officer at Ardent Partners and publisher of CPO Rising. 1) Do we really need […]