Viewing Category Management tagged with 'PRO'

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Let the bots battle to their elimination. They won’t help you either! - [PRO Content]
December 14, 2020 | Michael Lamoureux
Editor’s note: This Spend Matters PRO post has been unlocked to continue our exploration of how to get the most value out of your procurement technology and to provide a sample of the depth we go into in our PRO material. In our piece titled “Have You Mastered the Procurement Basics yet?” we explained how…
An update on Mastercard Track Business Payment Service & B2B Payments - [PRO Content]
December 10, 2020 | David Gustin
“We see every single invoice rendered by a supplier sent to a buyer as an opportunity for a better outcome for both buyer and supplier. That is a foundational principle.” — James Anderson, Executive Vice President, Commercial Products, Mastercard When I first heard of Mastercard Track Business Payment Service a few years ago, it caught…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 3) — Digitally Enabled Engagement, Outcomes, Demand and Spend - [PRO Content]
September 22, 2020 | Pierre Mitchell
In the first installment of this Spend Matters PRO series, we kicked off our analysis of how progressive organizations are influencing spend and stakeholders at a deeper level beyond traditional sourcing influence. In Part 2, we discussed how progressive procurement organizations were improving their influence through coherent communication and alignment of procurement “services” to various…
Beyond Spend Influence: Enabling Procurement’s Emerging Roles in Business Transformation (Part 2) — Empathy, Alignment, Mission, Brand and Procurement Service Delivery - [PRO Content]
September 3, 2020 | Pierre Mitchell
In the first installment of this Spend Matters PRO series, we kicked off our analysis of how progressive organizations are influencing spend and stakeholders at a deeper level beyond traditional sourcing influence. In this next edition, we’ll dive into some strategies for deeper and more meaningful engagement with stakeholders, and some examples from some progressive…
Alibaba.com: Ecosystem marketplace designed for SMB (Overview & Analysis) - [PRO Content]
August 24, 2020 | David Gustin
Businessman Jack Ma had a vision to use technology to democratize global trade. Alibaba.com was born 21 years ago, and for the first 17 years, it was a way to source from China or find OEM companies, contractors, etc. Basically, it was a directory of Chinese OEM capability But the vision was always for Alibaba.com…
Making Sense of the Supply Risk Management Solution Landscape (Part 1) - [PRO Content]
July 6, 2020 | Pierre Mitchell
Enterprise risk has never been higher. The COVID-19 crisis has been an accelerant to other enterprise risks, such as cyberthreats, employee health and safety, and most certainly, supply risks affecting suppliers in complex value chains. For procurement and supply professionals, managing this risk is challenging because they might not necessarily get credit for reducing supply…
Cirtuo: Vendor Analysis (Solution Overview, Product Analysis, SWOT, Selection Checklist) - [PRO Content]
March 9, 2020 | Nick Heinzmann
For all the talk of “strategic sourcing” and elevating procurement as a “strategic partner” in the business, a lot of technology features in the S2P market today, to be frank, has nothing to do with strategy. Instead, their focus is often on transaction facilitation or generating operational efficiencies, which providers suggest will free up procurement…
What’s the Price: Expert product cost management vendor review — a PRO Collab brief - [PRO Content]
March 3, 2020 | Eric Hiller
Editor’s note: This vendor review of What's the Price is the first in our "PRO Collab" series. Spend Matters will be inviting our expert friends in the industry to collaborate with us and complement our PRO coverage of the procurement, finance and supply chain solution landscape. Eric Hiller, the most knowledgeable person we’ve ever met…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 4 — IT, Marketing and Should-Cost Software) - [PRO Content]
February 14, 2020 | Spend Matters Analyst Team
This final PRO installment of Spend Matters’ assessment of category analytics and category intelligence looks at providers focused on IT, marketing and should-cost modeling/analysis. Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 3 — Labor/Services and Transportation) - [PRO Content]
February 12, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 2 — Direct Materials, Indirect Materials and Cross-Category Specialists) - [PRO Content]
February 11, 2020 | Spend Matters Analyst Team
Accurate intelligence and benchmarks on goods and services are essential to effective sourcing, yet few procurement organizations have comprehensive coverage for all data sources across all categories that they manage. So to help practitioners get a better lay of the category intelligence and analytics landscape, Spend Matters has begun a market scan of technology, data/benchmarking…
Category Analytics and Intelligence Providers: Defining and Exploring a Nascent Market for Procurement Solutions (Part 1 — Introduction) - [PRO Content]
February 10, 2020 | Spend Matters Analyst Team
If data is the new oil, then identifying the reservoirs and shale formations from which to extract prices, benchmarks and other pertinent purchasing information is a critical task for procurement and supply chain organizations. Why? Because the success of any sourcing effort depends on not just identifying the appropriate specifications and suppliers to satisfy a…

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Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Kapil Paliwal said : While Buyers will try to optimize the cost, Suppliers would also equally or even more keen to look f...

Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Bhagyashree Indane said : Brilliant Article! Discovering innovative strategies in the procurement processes can help industrie...

Delivering Value Beyond Savings — Procurement’s Role in Times of Disruption : Punam Nevatia said : Very well put together. Kudos!...

Clarifying Robotic Process Automation: What It Is (and Isn’t) for Procurement : David Harris said : Companies tend to assign procurement as an expanded and more important role of a strategic partner. ...

2021 Procurement and Supply Chain Predictions from the market — The Smart Cube and Capita : Ande Sampathi said : It is valuable information &knowledge help for me intelligent procurement! Thank you very much....