Viewing Supply Chain Management

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Big Savings in Small Spend — Tales from the Tail - [Sponsored Article]
June 27, 2019 | Chirag Shah, Simfoni
In the world of strategic sourcing, realizing 5 to 8% savings is considered to be impressive. After all, these are the high-spend categories and are supposedly already well-managed and frequently revisited for improvement opportunities. In contrast, when our clients work with Simfoni on tail spend management or low-value spend engagements, we witness savings that can…
For CPOs, Life Is Getting Complicated - [Sponsored Article]
May 16, 2019 | Brian Umbenhauer, Deloitte and Lee Barter, Deloitte
During a routine meeting with one of our clients, the Chief Procurement Officer at a large Fortune 500 company, we were struck by something this person said: “I feel like I’m wearing so many hats these days, I need a hat stand to keep them all in one place!” Our client’s observation encapsulated something we…
Why Well-Run Hospitals Need Tailored Technology to Care for Patients, Business
April 22, 2019 | JP Morris
As one of the nation’s largest nonprofit health systems, BJC HealthCare needs to provide consistent, high-quality patient care across all of its hospitals while maintaining operational efficiency. When the St. Louis, Missouri-based healthcare provider began its search to upgrade how it supplies its facilities, it found the healthcare marketplace provider Prodigo Solutions, which knows what hospitals…
ISM 2019 Houston Conference: Highlights and Musings (Part 1)
April 16, 2019 | Pierre Mitchell
A small Spend Matters team descended on ISM 2019 conference this year in Houston (next year is in Boston, where I live!) and I wanted to share some thoughts on the event and a few of the great sessions there.
Procurement Technology, Digitization Can Blunt Economic Headwinds, GEP Report Says
April 10, 2019 | Tom Cosgrove
Although global GDP grew a healthy 3.1% in 2018, the year finished with a rocky fourth quarter. Against this backdrop, GEP has released its 2019 Procurement and Supply Chain Management Outlook, which predicts a tough business climate ahead, but one that can be addressed with advances in procurement technology.
Icertis Blockchain Framework: A Glimpse of CLM’s Expanding Footprint into the Supply Chain
March 4, 2019 | Nick Heinzmann and Pierre Mitchell
Icertis recently announced it has developed, in partnership with client Mercedes-Benz, a blockchain framework to address multi-tier supply chain visibility challenges. Called the Icertis Blockchain Framework, the new offering allows companies to deploy a permissioned, standards-based blockchain (using one of the ecosystem standards through Hyperledger) within the core ICM platform on Microsoft Azure, as well…
Is Direct Materials Procurement a Separate Technology Market in North America? (Part 1: Introducing a Decision Framework)
February 26, 2019 | Jason Busch
Germany, Austria and some adjacent markets have something North America doesn’t — a distinct technology market for direct materials procurement. In Europe, Pool4Tool (now Jaggaer Direct), Allocation Network, SynerTrade, SupplyOn and a range of other solution providers succeeded in creating a distinctive European direct materials procurement solutions market that exists outside the generic source-to-pay realm.…
Cold Weather Offers Lessons on Supply Chain Risks and Climate Change
January 30, 2019 | JP Morris
With nature dealing much of the U.S. an arctic blast of cold weather this week, it’s a good time to look at the supply chain risks created by severe weather and climate change. The distinction is that weather consists of the day-to-day events, like high and low temperatures, rain or drought that can fluctuate wildly.…
Supply Risk Management in Mexico: Tips and Analysis For Multinational Procurement Organizations - [Plus + Content]
January 25, 2019 | Xavier Olivera
Editor's note: This is a refresh of our 2015 briefing on supply risk management, which originally ran on Spend Matters PRO. Supply risk management continues to be an important topic of not just debate but practice, too, within global procurement organizations. And on a more frequent basis, supply risk management efforts are extending “south of…
For Hospitals Only (Part 3): How Prodigo Helps Pave Procurement’s Path to Clinical Integration - [Sponsored Article]
January 23, 2019 | Tom Finn
The hospital market in the U.S. is undergoing a significant transformation at all levels. Rapidly consolidating markets, declining revenues and a fundamentally new reimbursement paradigm that links provider payments to improved performance are the current headliners. The latter is a value-based form of reimbursement that holds healthcare providers accountable for both the cost and quality…
North America, Europe Include Top Business Performers in Anti-Corruption Efforts
January 7, 2019 | Kyra Senese
As companies become increasingly aware of their own corporate social responsibility (CSR) obligations, various watchdog groups are beginning to take stock of these indicators. While some companies might look the other way as conflict gold passes through their supply chains, others might be making efforts to do positive things with their power, such as donating…
Beyond Supplier Risk Management: How Procurement Can Take a Leadership Role in Enterprise Risk Management (Part 2) — Aligning Enterprise Risk to Supply Risk - [PRO Content]
January 3, 2019 | Pierre Mitchell
In Part 1 of this series, we described the process that most progressive procurement organizations use to relate enterprise risk to supply risk. Throughout such transformations, a single theme pervades: alignment. The premise here is that while value chains are, in fact, a chain of value that flows across multiple stakeholders, the “signal” often gets…

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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....