What's next for procuremnet?

What’s Next for Digital Procurement?

separator

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 […]

Read More

How Close Are Global Procurement Organizations to Digital Transformation?

separator

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, […]

Read More

Tejari, JAGGAER re-launches
in Middle East

separator

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 […]

Read More

Procurement Through the Ages

separator

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, […]

Read More

Increase Procure-to-Pay Productivity in a Mobile App

separator

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 […]

Read More
What is Spend Analysis?

What is Spend Analysis?

separator

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 […]

Read More
Sustainable purchasing

Taking the Next Step Towards Sustainable Purchasing

separator

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 […]

Read More
Procure-to-Pay Tips from Tetris

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

separator

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 […]

Read More

Supplier Management: How to Capture Information and Take Sourcing to the Next Level

separator

Managing supplier lists when sourcing goods and services is a challenge that many companies face. From collecting and managing basic contact information, quotes, contracts, product information and geographies served, to including additional information such as performance data that is critical in making informed decisions. There is a lot of supplier information to collect and manage, […]

Read More

5 Ways Organizations Sabotage Supplier Performance Management

separator

We are kicking off our Supplier Performance Management series detailing five tips on how to make SPM more effective. Supplier Performance Management (SPM) drives meaningful results and improves your business. But how do you ensure that the practice provides the necessary data to achieve the promised results? How do you make supplier performance management meaningful […]

Read More