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Where are CPOs focusing their time, effort and investment this year? WNS Denali finds out
March 18, 2021 | Nancy Clinton
Procurement advisory and managed services provider, WNS Denali, has released the results of its “Procurement Pulse Check for 2021” benchmark survey which it carried out in conjunction with Procurecon. The report looks into the strategies of CPOs for 2021 and where they intend to focus their time, effort and investment. Having surveyed more than 100…
Trust in data and how businesses use data affect decision making, according to study by NC State, IBM, CIPS
March 1, 2021 | Sally Ehrmann
Not all data is created equal, and it turns out that companies that don’t treat their data well or that have low “data literacy” also don’t make the best business decisions either, according to two authors of the 4th annual Data Quality & Governance Study, published by NC State University, IBM and CIPS. Spend Matters…
A.T. Kearney’s great shakeout report anticipates national self-sufficiency, accelerated M&A in the wake of Covid-19
February 18, 2021 | Alex Behrens
On top of the health effects already seen across the globe from Covid-19, the pandemic has affected governments, businesses and citizens in ways that will have lasting effects on the world order and economy, according to A.T. Kearney, which explores these seismic changes and examines possible trends from 2020-2025 in its “The Great Shakeout” report.
Supplier barriers to entry in public sector markets
December 18, 2020 | Nancy Clinton
Public Spend Forum, the market intelligence platform and community for public sector buyers and suppliers, and Govshop, its free-to-use database that houses supplier data from various markets, have been conducting a survey to explore the barriers to entry that suppliers are facing when trying to get into public sector markets. They have looked at all…
To combat corruption, businesses want more technology and training, survey finds
May 20, 2020 | Alex Behrens
Companies around the world face corruption and need technology, training and insights into the varied legislation to strengthen countermeasures, according to The Global Anticorruption Survey conducted by the consulting firm AlixPartners. The biggest concerns by far surrounded procuring and effectively using digital tools in the fight against corruption, where 81% of respondents said they lacked…
Coronavirus Response survey: Spend Matters needs YOUR insights on the crisis
March 25, 2020 | Spend Matters Team
In response to the current COVID-19 pandemic, Spend Matters technology analysts have developed a Coronavirus Response series to help our readers understand the array of ways that procurement practitioners are using tools and techniques to respond to the crisis in the short-to-medium term. This is a non-commercial effort to see where procurement organizations can help…
Recession is on the mind of many procurement, finance professionals: Study
July 15, 2019 | Kyra Senese
Despite economic growth, recent headwinds have procurement and finance professionals considering how to deal with a possible recession in the next year or so, according to a survey by the data-aggregation firm Suplari, which published “Plans & Tactics to Recession-Proof the Enterprise in 2019 and Beyond.” The study notes that many recent surveys spotlight executives’…
Deloitte 2019 CPO Survey — Insights Needed on Procurement Mastery in Action
May 13, 2019 | Pierre Mitchell
Deloitte has opened up the 2019 version of its annual CPO survey for participants to share their insights. It’s important to participate because the survey’s depth, rigor and relevance produce influential findings that have set the gold standard for procurement studies. And this year’s edition is very exciting, especially for me. I’ve been doing procurement…
SupplyHive: Vendor Analysis (Part 2) — Product Strengths and Weaknesses - [PRO Content]
April 26, 2019 | Nick Heinzmann
In our last brief, we introduced you to Supply Hive, a provider based out of Chicago that is deploying a new platform for supplier performance management (SPM), specifically around simplifying the process of gathering and analyzing supplier performance reviews. Combining savvy UX/UI design and an apt use of natural language processing (NLP), SupplyHive has built…
SupplyHive: Vendor Analysis (Part 1) — Background and Solution Overview - [PRO Content]
April 25, 2019 | Nick Heinzmann
The market for supplier relationship management and risk solutions is broad and fragmented. Procurement organizations have their choice of point solutions for single areas of the supplier management lifecycle, broader suites that provide SRM capability as one module among many, and consulting firms and service providers that offer technology as an add-on to engagements, to…
How to Get Independent Professionals into Your Company’s Contingent Workforce Plan
April 4, 2019 | Alex Behrens
In a look at the contingent workforce, MBO Partners' “Client of Choice Report 2019” explores the changing needs and expectations of the independent professionals and what corporations are doing to attract and retain the best talent in this emerging labor market.
CSR Update: Corporate Social Responsibility Can Lead Customers to Spend More, Study Says
January 10, 2019 | Alex Behrens
Consumers are hungry for more information of all kinds when it comes to corporate social responsibility practices, and many are willing to pay more to companies that can provide it, according to a report in the Manufacturing and Service Operations Management Journal. The study, "Supply Chain Visibility and Social Responsibility: Investigating Consumers’ Behaviors and Motives,"…

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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...