What's next for procuremnet?

What’s Next for Digital Procurement?

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Our survey of the global procurement community and the subsequent report, Digital Transformation in Procurement: How Close Are We? revealed heightened awareness of digital technologies and their potential to transform the procurement function, but little progress over the past two years. It identified a couple of key challenges. We dealt with one of them in […]

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managing outsourcing risk

Managing Outsourcing Risk: A New Framework for Banking and Beyond

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In recent years there has been an increase in the outsourcing of services by banks in order to reduce costs and improve their efficiency and flexibility. Outsourcing makes it possible to take advantage of economies of scale and is a form of easy access to new technologies and to tools and services not available in […]

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How Close Are Global Procurement Organizations to Digital Transformation?

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The digital transformation of business is already underway. Digitalization is no longer viewed as the aspiration of a select few, but as an inevitability for businesses in nearly every sector. Over the past several years, the hype surrounding digitalization has also extended to procurement. These days, digital transformation is a top priority for most CPOs, […]

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What to Buy (and Not to Buy) This Labor Day Weekend

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It’s Labor Day here in the US… time to take off your corporate “purchaser” hat and play “consumer”. So let’s have some fun with this quick retail buying guide to the best deals found over the  weekend as we close the book on the summer of 2018. The last hallmark “three-day weekend” of 2018 is […]

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Tejari, JAGGAER re-launches
in Middle East

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Tejari and JAGGAER has re-launched in the Middle East following the recent acquisition of strategic procurement company, BravoSolution. During the highly anticipated re-launch events in Dubai and Abu Dhabi, JAGGAER CEO, Rob Bonavito, and CTO, Zia Zahiri, highlighted JAGGAER and Tejari’s future vision for the region including plans for developing the spend management industry’s first “super suite” that will […]

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Procurement Through the Ages

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March is National Procurement Month: a fine time to review procurement’s history and evolution. In the ancient world, supplies, materials, and workers were routinely recorded. One of the earliest known examples of this date back to the construction of the The Great Pyramid of Giza (2325 BCE). Using papyrus scrolls, scribes tracked orders through fulfillment, […]

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Increase Procure-to-Pay Productivity in a Mobile App

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We all love our smart phones. Voice calls, texting, email and calendaring are all daily activities we have access to right at our fingertips.  Plus you can find an app for just about any service you need. So why not utilize our phones more to speed the procure-to-pay process and help keep things moving while […]

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What is Spend Analysis?

What is Spend Analysis?

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Spend analysis is the process of identifying, gathering, cleansing, grouping, categorizing and analyzing your organizations spend data with a goal of decreasing procurement costs and improving efficiencies.  Using real-time data and analytics will give you the insight you need you to save money and gain efficiency. Spend analysis is a branch of the much larger […]

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Sustainable purchasing

Taking the Next Step Towards Sustainable Purchasing

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One of the most powerful facilitators of sustainability is habitual purchasing practices. Adopting environmentally friendly business practices makes real business sense, but our customers are taking it a step further. They are weaving sustainability purchasing best practices into their statements of direction. As it is up to procurement to manage an organization’s supply chain, you […]

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Procure-to-Pay Tips from Tetris

Procure-to-Pay Tips from Tetris: Fill the Gaps in Your Process

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Tetris: the fun puzzle game you played as a kid (or as an adult, no judgement here), where a “level-up” is the reward for your strategic block placement. Every new game begins with the blank screen. You put the first blocks down, filling in blank spaces and developing a game plan as you go. Each […]

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