Viewing Procurement Research tagged with 'PRO'

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Complex services are complicated — What’s procurement to do? (Part 1) - [PRO Content]
February 9, 2021 | Andrew Karpie
Spend on services by US-based organizations is estimated to be over $10 trillion. Contingent workforce (the engagement of temp workers and individual contractors) represents only a small fraction of total services spend. External spend in the other complex services categories (e.g., marketing, facilities management, IT, BPO, etc.) is vast, and it is complicated. Numerous problems…
Artificial intelligence levels show AI is not created equal. Do you know what the vendor is selling? - [PRO Content]
June 30, 2020 | Michael Lamoureux
Just like there are eight levels to analytics as mentioned in a recent Spend Matters PRO brief, artificial intelligence (AI) has various stages of the technology today — even though there is no such thing as true AI by any standard worth its technical weight. But just because we don’t yet have true AI doesn’t…
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…
2020 Procurement Predicaments and Predictions — Part 1 (Series Wrap-Up) - [PRO Content]
January 30, 2020 | Pierre Mitchell
As the first month in 2020 is drawing to a close, the holiday season is a distant memory and sleeves are being rolled up in earnest. As such, we’ll wrap up the Spend Matters analysts’ 2020 procurement predictions series for PRO subscribers as we look forward to this new year and new decade. We’ll first…
Segmenting the Procurement Tech Market: A Simple Visual Guide to Picking the Right Software Tools - [PRO Content]
January 7, 2020 | Spend Matters Analyst Team
Identifying potential software vendors that fit your procurement organization’s current (and possibly future) needs is unfortunately easier said than done. We won’t place all the blame on any one instigator, but the Google search algorithm is doing more harm than good when directing technology evaluators toward “definitive” directories for procurement solutions. Many of the top…
E-Procurement Tech Selection and the CIO Friendly Persona: Analysis & Commentary - [PRO Content]
December 24, 2019 | Xavier Olivera
The e-procurement solutions market has been growing for the last seven years. Because of this rapid growth, the market is also fragmented, with numerous vendors competing for procurement organizations’ attention. Yet no one vendor is an ideal fit for all companies, due to the unique requirements of different organizations’ sizes, industry/vertical and prior technology investments…
Workday and Scout RFP: Customer Recommendations - [PRO Content]
November 12, 2019 | Pierre Mitchell and Jason Busch
This Spend Matters PRO research brief provides analysis in support of Workday and Scout RFP customers following last week’s news that Workday is acquiring the sourcing provider. Previous coverage of the transaction with content aimed at CEOs, strategy / corporate development leaders and investors can be found on Spend Matters Nexus (see Part 1, Part…
Allocation: What Makes It Great (Sourcing SolutionMap Analysis) - [PRO Content]
November 11, 2019 | Spend Matters Team
Direct materials procurement technology has always been a bit of a blind spot for North American manufacturers. Many such businesses are already using indirect materials-centric and services-centric applications (e.g., procure-to-pay, vendor management systems), but few also have specialized direct materials-centric procurement tools as a part of their solution belt. A host of factors, however, is…
Mintec: Vendor Analysis (Part 1 — Background and Solution Overview) - [PRO Content]
November 11, 2019 | Nick Heinzmann
No matter how well they prepare, commodity buyers can do nothing about the weather. So until a supervillain decides to make a mid-life career shift to be a SaaS vendor — weather-as-a-service (WaaS), anyone? — procurement organizations buying in the food & beverage categories will have to manage commodity price volatility as it happens. To…
E-Procurement Tech Selection and the Deep Persona: Analysis & Commentary - [PRO Content]
November 8, 2019 | Xavier Olivera
The e-procurement solutions market has been growing for the last seven years. Because of this rapid growth, the market is also fragmented, with numerous vendors competing for procurement organizations’ attention. Yet no one vendor is an ideal fit for all companies, due to the unique requirements of different organizations’ sizes, industry/vertical and prior technology investments…

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Incremental to exponential: 5 overlooked benefits of procurement automation : Michael Shaw said : Good summary. Great points, Alan....

Modernizing the healthcare supply chain in the coronavirus era : Jam Saeed Ahmed said : yes, investments in advanced manufacturing capabilities make it easier to build products in the Unit...

'Sell me this procure-to-pay solution' : Thierry Jaffry said : I truly agree with Mark's analysis. And I would add a couple of things from the SI point of view: mo...

What Really Drives Valuation For Technology Companies These Days? : Pranav Trivedi said : Interesting read indeed !...

'Sell me this procure-to-pay solution' : Jason Busch said : To be revisited! I've been involved in far too boring stuff of late, but I too look forward to the r...