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2021 Procurement and Supply Chain Predictions from the market — GEP
December 28, 2020 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months and beyond,…
2021 Procurement and Supply Chain Predictions from the market — EcoVadis and Ivalua
December 23, 2020 | Nancy Clinton
Last year at the end of December 2019, we ran a series of predictions about procurement and supply chain trends for 2020 from expert tech and service providers in the market. But who could have foreseen what happened in 2020! This year, the market again provides its predictions for the next 12 months, using learnings…
Covid pandemic — a forerunner for the impact of Brexit on consumers and the supply chain?
December 17, 2020 | Guest Contributor
With the UK leaving the EU customs union and single market, new bureaucracy is on the way, whether there is a deal or not. From the EU point of view, the UK becomes a “third country” – we just don’t know whether it will be one where a trade deal is in place. Now more…
Future 5 start-up winner Prewave talks risk intelligence and the role of social media
December 14, 2020 | Nancy Clinton
Prewave, a risk intelligence platform, has taken a unique approach to supply chain risk management by monitoring social media, news media and third-party data feeds and was recently named a Future 5 start-up by Spend Matters. We chatted with Prewave’s co-founder and managing director, Harald Nitschinger, to learn more about the solution and to get…
What exactly is a ‘sustainable turkey’?
December 10, 2020 | Guest Contributor
Thanks to our friend and former colleague Peter Smith for addressing this seasonal burning issue. Knowing my interest in “procurement with purpose” and the sustainability agenda generally, a friend recently asked me the question "What exactly is a sustainable turkey?" with Thanksgiving and Christmas in mind. Their angle was that a turkey can’t be “sustainable”…
Agility Matters — getting connected to suppliers right when you need them
October 28, 2020 | Nancy Clinton
On Thursday, November 5, we will bring together experts to engage in a Q&A on supplier connectivity to help us understand how we create, and why we need, supply chain resiliency. Hamish McKechnie-Sharma, an Associate Partner, Consultancy, UK from Ernst & Young, and Tony Harris, a Global VP Network Solutions at SAP Procurement, will partake…
Procurement with purpose must encompass social justice
October 9, 2020 | Guest Contributor
Spend Matters welcomes this guest post from Paul Polizzotto, the Founder & CEO of Givewith, providing insights into social justice and procurement. Not only do we find ourselves in the middle of a global pandemic — which has rattled supply chains and exposed cracks in a system that has been optimized for decades — but…
Release note, SolutionMap Fall 2020: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Strategic Procurement Technology (SPT) Suites
October 1, 2020 | Spend Matters Analyst Team
This Spend Matters SolutionMap Insider release note provides insight into the SolutionMap Fall 2020 release for the following five categories: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management, and Strategic Procurement Technologies Suite. The note reviews the process we follow and highlights what has changed since the last release. This…
Making Sense of Supply Risk Management Solutions (Part 3) — A Look at 8 Supplier Management Providers - [PRO Content]
July 9, 2020 | Pierre Mitchell
“Supplier management,” often called “supplier lifecycle management,” is an area that procurement practitioners struggle with because of its complexity (as is the intersecting area of supply risk management that we’re covering in this series). Supplier management generally breaks out into two main areas: Extracting value from supplier relationships. This includes supplier performance management (SPM), supplier…
Coronavirus disruption puts spotlight on nations in 2020 FM Global Resilience Index
May 27, 2020 | JP Morris
As the coronavirus disruption affects nations around the world, the insurance firm FM Global recently released its 2020 Resilience Index, examining economic indicators, risk factors and supply chain issues in 130 countries around the world — ranking the nations by the resilience of their business environments. “The pandemic of 2020 has tested the resilience of…
Coronavirus-era advice: Tips on asking suppliers for payment-term extensions and other concessions
March 26, 2020 | Jason Busch
Disruption from the coronavirus outbreak is forcing some tough conversations about payments. It’s never an easy topic, but asking suppliers for concessions on a call or video chat in an empathetic manner — or even pre-empting the discussions by socializing ideas early — is far more effective and conducive for relationship-building and joint development than…
Spring/Q1 2020 SolutionMap release note: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management and Strategic Procurement Technology Suites
March 24, 2020 | Spend Matters Team
This Spend Matters SolutionMap Insider release note provides insight into the Spring/Q1 2020 SolutionMap release for the following five categories: Sourcing, Spend and Procurement Analytics, Supplier Relationship Management & Risk, Contract Lifecycle Management, and Strategic Procurement Technologies Suite. The note reviews the process we follow and highlights what has changed since the last release. Also,…

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Supplier collaboration: Turning the dial on the innovation and sustainability agenda : Tindo James said : Supplier partnerships sounds like a great concept. Moet established players in the chemical supply c...

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. ...