Strategic Technology Planning: A New Imperative for Contingent Workforce and Services Procurement (Part 2) [Plus +]

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 [...]

Down the Procurement Pub with Basware, Wax Digital, Outsourcing Fails, and Amy Shark

Let’s get a bit personal today. This is me and my mother in law Lucy – who has her own Twitter following as a vegetable […]

Public Spend Forum – Public Procurement Highlights from this Week

Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public procurement and the public sector market. […]

Program Management: The Missing Link in Procurement Technology Modules and Suites (Part 5 — Analytics Strategy) [PRO]

Procurement doesn’t just drive value through “steady state” sourcing activities that pop up in the enterprise. It helps lead the transformation of the extended value chain and also supports and improves enterprise-level transformation activities. In both cases, such transformational activities will require strong supply analytics that procurement organizations are increasingly supporting through procurement centers of excellence where analytics and market intelligence (especially for sourcing processes) occupy the top functions within a procurement CoE (see more on the topic of procurement [...]

CIPS Paper – The Future of Procurement and Supply Management (Part 2)

Today we’re continuing our review of the recent CIPS publication, The Future of Procurement and Supply Management (PSM) (see part 1 yesterday). The second part […]

Agency Relationships and Growth in the Digital Economy

One of the panel discussions we heard at ProcureCon Marketing last month brought up some useful facts and recommendations for Marketing Procurement people to consider […]

Interview Your Bidders – Why Wouldn’t You?

I do less of it these days, but when I advise buying organisations, in public or private sector, on their supplier selection processes, one of […]

Building the Business Case for Managing Suppliers with Technology: 7 ROI Levers (Introduction) [PRO]

If Rodney Dangerfield had ever worked in procurement, he would have been in charge of supplier management. While supplier management does get some respect, the late Dangerfield certainly would have agreed it does not get the respect it deserves. Part of the challenge in garnering respect for supplier management is that it touches on so many workstreams, processes and business functions. And we’ve got to say, it’s also not as sexy as spend analytics, strategic sourcing, contract management or even [...]

CIPS Paper – The Future of Procurement and Supply Management

As we said last week, we will be looking at “the Future of Procurement” over the summer. The recent CIPS publication, The Future of Procurement […]

Dun & Bradstreet Spend Intelligence – Master Data Mastery

We mentioned here that we were featuring a banner on our website from Dun & Bradstreet recently (and as I said then, I worked for […]

Minister Announces New Measures for Government Procurement

An article in the Times last week from Oliver Dowden, who is the Minister for Implementation at the Cabinet Office, was the first we’ve heard […]

Tail Spend Management in the Trenches: Lessons Learned and Questions Answered [PRO]

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Spend Matters recently hosted a webcast exploring how Owens & Minor revamped its tail spend management strategy using Simfoni, a procurement solutions provider with specialized capabilities in this area. This Spend Matters PRO brief shares the detailed learnings — including segmentation approach, KPIs and ROI elements — and Q&A conducted during the session to aid procurement organizations in their own efforts to tame the tail. (For those who want a full download of the webcast, which features Owens & Minor-specific [...]