echo 'Spend Matters UK/Europe | Procurement News, Opinions, Insight and Analysis';

Martin Kochman at the Procserve roundtable – using big data to identify procurement fraud

- July 23, 2014 7:31 AM | Categories:

We wrote here about the recent Procserve roundtable and the potential power of big data and of spend analytics in our procurement world. (And another plug for the Procserve LinkedIn group which they’ve titled “The Great Procurement Debate”). In that piece, we promised to come back to the presentation from Martin Kochman, a partner at PA Consulting. He talked about the power of big data and analytics, going well beyond the pure “how much did we spend on what with whom” procurement paradigm. For instance, new areas of interest might include looking at how key contract terms might affect value […]

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Plan for Public Procurement – Food buyers need to look at more than cost

- July 23, 2014 4:31 AM | Categories:

Public sector buyers of food will be required (in central government) and expected (in other sectors) to use a new framework that defines the evaluation criteria to be used when selecting suppliers. The new report, “Enabling a healthy future for our people, farmers and food producers” is published by the Department for Environment, Food and Rural Affairs (Defra). Liz Truss , their Minister, has a dig against “Europe” in her Foreword (although we don’t suppose for a moment she wrote this given she only became Minister last week). “Often schools and hospitals, due to rules from Europe, feel obliged to […]

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New solution providers – LeanLinking brings social media principles to supplier management

Peter Smith - July 23, 2014 12:03 AM
Social media principles and approaches will inevitably make their way into the business and procurement world, yet progress has in reality been pretty slow. So we were interested t... more ▸
 

NAO on Cabinet Office Efficiency Savings – a mixed review for the procurement elements

Peter Smith - July 22, 2014 9:31 AM
We mentioned the National Audit Office (NAO) reports last week on rail procurement and on their assessment of the savings figures declared by the Efficiency and Reform Group (ERG) ... more ▸
 

Dr Ian George on Procurement Transformation – All One Team

Nancy Clinton - July 22, 2014 6:30 AM
Continuing the theme of Procurement Transformation, we’re delighted to feature the next in the series from Dr Ian George, a senior partner and practising consultant at Agile Par... more ▸
 

NHS Procurement Atlas – useful benchmarking or completely flawed data? (Turn left at Copier Paper Junction for Toilet Roll Avenue …)

Peter Smith - July 22, 2014 3:53 AM
The National Health Service today published their first spend ”Atlas”, available here. It is trailed in the Daily Telegraph by an article from Dr Dan Poulter, the junior Health... more ▸
 

Designing a Spend Category Taxonomy Properly is Harder Than You Think (Part 1: Do This, Not That) pro

Pierre Mitchell - July 11, 2014 6:34 AM
We had a question from a client of ours about whether there were any guidelines or an overall methodology to coming up with a spend category taxonomy. It’s a simple question, but... more ▸
 

GTCR & Opus Global Buy Hiperos: Consolidation Begins in Supplier Management Solution Market (Part 1) Plus

Thomas Kase - July 10, 2014 3:23 PM
Marketing can have a funny influence on things. Hiperos labels what it enables as “third party management” rather than “supplier management” or “supplier lifecy... more ▸
 

Purchase Price Variance (PPV) in Procurement and Savings Strategy: Limitations and One Potential Use pro

Jason Busch - July 9, 2014 3:24 PM
There are many reasons why purchase price variance (PPV) is not the best metric to track procurement performance. In last week’s Spend Matters PRO research brief, ... more ▸
 

Hiperos Acquired by GTCR and Opus Global Holdings: Analysis and Implications pro

Thomas Kase - July 8, 2014 12:30 PM
Earlier today, GTCR and Opus Global Holdings collectively announced they had acquired Hiperos, the supplier (and other third-party) management vendor. Hiperos ... more ▸
 

The Spend Matters Stock Portfolio — Half Year Round-Up Plus

Peter Smith - July 7, 2014 2:32 AM
We are halfway through 2014, and we're halfway through our Spend Matters stock portfolio challenge. Regular readers will know that we identified a portfolio of 21 companies with a ... more ▸
 

Why Purchase Price Variance (PPV) Should Be Banished From Procurement Measurements and KPIs pro

Jason Busch - July 3, 2014 2:26 AM
One of the biggest challenges to overall program impact and improvement in all but the most advanced procurement organizations are the raw elements that many procurement organiz... more ▸