Rethinking and Reclaiming “Tail Spend”: 6 Key Variables to Consider [Plus +]

AnyData Solutions

The idea of “tail spend” doesn’t seem very complicated at first. Run a Pareto analysis on your spend categories and suppliers to make a cutoff at, say, the 80% that represent only 20% of your spend. Your numbers will, of course, vary, but the idea is to find a way to better manage such “nuisance” low-dollar spend that doesn’t detract from your efficiency, or worse yet, from spending time managing the truly strategic spend categories more deeply. You might think [...]

Forget Sir Humphrey – Sir Jeremy Brings Home the Bacon As Pharma Firms Pay Up

Well, we do hope that Sir Jeremy Heywood (the real-life "Sir Humphrey" for fans of Yes Prime Minister) negotiated himself a “share of savings” deal […]

Beyond the Traditional SRM Scorecard: Supplier Management Metrics to Diagnose Your Supplier Management Operations (Part 1: Search and Enablement) [PRO]

In recent years, prominent procure-to-pay (P2P) providers have increasingly offered opt-in peer benchmarking capabilities. This newly available data has changed the way consultants and advisors evaluate procurement performance. Benchmarks and key performance indicators (KPIs) once analyzed on a periodic basis, for instance, are now becoming embedded into procurement processes and continuously updated with new information as it becomes available. Because of this, procurement organizations are becoming increasingly aware of the benefits measuring performance based on a standard set of benchmarks [...]

Lettuce and Supply Chain Risk – Some Mitigation Strategies (not just for lettuce …)

We wrote here about the recent lack of iceberg lettuce and courgettes in supermarkets because of poor weather in the Spanish Mediterranean growing area, where […]

Socially Sustainable Public Procurement and a Day-Trip To Leicester

Last Thursday we took the impressively on-time train service from East Midlands Trains up to Leicester for a one-day seminar on Socially Sustainable Public Procurement […]

Kraft Heinz and Unilever Merger OFF – Might Have Been Good News For Procurement?

(Breaking News - Sunday 6pm - Kraft Heinz pull out of after reading that Spend Matters has some misgivings about the proposed deal  ... seriously, […]

Down the Procurement Pub with CIPS, SMEs, IfG, WPP and Inheaven

Another picture from Public Spend Forum founder Raj Sharma’s visit last week, as we met some of the senior team members from procurement tech firm […]

Work Intermediation Platforms: Examples Within 3 Basic Categories [Plus +]

In a series last year, we set out to explore the digital evolution of the contingent workforce supply chain — a specific area of the services procurement world that, dare we say, has been getting hot. We began tracing a line from the vendor management system (VMS)-dominated atmosphere starting over 15 years ago up to the more recent technology-enabled platforms such as Work Intermediation Platforms (WIPs). Related: Join me and Jason Busch for a free webinar next week on 2017 [...]

Public Spend Forum Europe – Public Procurement Highlights from this Week

Public Spend Forum Europe is dedicated to European public sector procurement, and aims to be a global community and knowledge network for public procurement and the public […]

Role of Technology in Strategic Procurement Transformation

ProcureCon is probably best known for its series of global procurement events that bring together Procurement, Purchasing, and Supply Chain experts from across industries and […]

HCSA News: Conferences, Charity and Procurement Improvement

The HCSA (Health Care Supply Association), which represents procurement professionals in the health sector, has developed strongly in recent years, with a series of chairs […]

Top 10 Airline Sourcing Strategies [Plus +]

This month’s installment of Accenture’s category insights may just to be the best yet in terms of rigor and practicality. The specific spend category in question is airlines, but there are also broader issues here surrounding travel management in general. Although consumerized airline shopping can make this category seemed commoditized, it is anything but. You have an extremely diverse set of stakeholders with different business objectives surrounding the airline travel, and a supply market that looks like a supply chain [...]