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Strategic Sourcing’s Evolution: A Roadmap For Improvement (Part 2)[Plus+]

Editor's note: This is a refresh of our 2012 series on strategic sourcing's evolution over the last and next decade, which originally ran on Spend Matters PRO. Click here for Part 1 in this analysis. In providing a more complete picture and set of working hypotheses in terms of where strategic sourcing is headed in the coming…

Strategic Sourcing’s Evolution: A Roadmap For Improvement (Part 1)[Plus+]

As a level set on strategic sourcing enablement, tools-wise, most solutions approach the sourcing challenge the same way today as the best solutions did 10 years ago. On the one hand, the level of maturity is good (few, if any, truly bad solutions have survived in the marketplace – thankfully). But on the other hand,…

FMS and Beyond: Filling in the ‘White Space’ of Sourcing and Engaging the Independent Workforce (Part 1)[Plus+]

Editor's note: This Spend Matters Plus brief is a refresh of our 2015 series on engaging the independent workforce, which originally ran on Spend Matters PRO. Freelancer management system (FMS) is a vendor-driven term and concept that achieved buzzword status in staffing and contingent workforce management circles within just a year of its inception. It…

Lost Sourcing Savings: Survey Data Suggest a Crisis (Part 3)[Plus+]

Editor's note: This Spend Matters Plus brief is a refresh of our 2013 series on sourcing strategies, which originally ran on Spend Matters PRO. Check out Part 1 and Part of this series first. If we were to point fingers at where technology can help companies drive implemented savings, five areas would rise to the top:…

Lost Sourcing Savings: Survey Data Suggest a Crisis (Part 2)[Plus+]

Editor's note: This Spend Matters Plus brief is a refresh of our 2013 series on sourcing strategies, which originally ran on Spend Matters PRO. Check out Part 1 of this series here. As much we like to jump to some “geek” answer to solve savings and supplier implementation challenges, hopefully you have realized by now…

Lost Sourcing Savings: Survey Data Suggest a Crisis (Part 1)[Plus+]

Editor's note: This Spend Matters Plus brief is a refresh of our 2013 series on sourcing strategies, which originally ran on Spend Matters PRO. During an ISM webinar highlighting how (and why) procurement organizations fail to implement sourcing savings, Spend Matters asked the audience (approximately 500 practitioners) a number of poll questions: Does your organization…

Direct Material Sourcing and Supplier Management Platforms (Part 2)[Plus+]

In the first installment of this series, I introduced six distinct platform areas that manufacturers are making investments in as part of core efforts to drive more successful savings, efficiency, compliance, collaboration and supplier engagement programs. The first, design/engineering and sourcing enablement solutions, represents a new class of direct materials e-sourcing toolsets that attempt to…

Direct Material Sourcing and Supplier Management Platforms (Part 1)[Plus+]

In enabling basic strategic sourcing capability for indirect, services and basic direct materials spend, there are now a lot — and we mean it — of solid choices in the market. And it’s a space that’s getting more crowded everyday. Yet in comparison to the broader sourcing marketplace, the direct materials market is, unfortunately, given short shrift.…

Crowdsourcing: New Trends and Developments (Part 2)[Plus+]

In Part 1 of this two-part series, we provided an overview of crowdsourcing, defining what it is and how it is different from online freelancer marketplaces. We not only provided examples of different crowdsourcing platform providers (of which there are many) but also provided illustrations of real crowdsourcing in action. Today in Part 2 of…

Crowdsourcing: New Trends and Developments (Part 1)[Plus+]

早在2015年代中期,我们在crowdsou发表一个简短的rcing, “Clarifying Crowdsourcing: Contingent and Services Procurement Examples, Definition and Analysis,” to provide procurement professionals with a clearer understanding of this valuable, innovative tool kit for business problem solving. We’re not sure of how many practitioners took note at the time or, if they did, what they…

Self-Sourcing Contingent Workforce: What it is and Why it Matters Now[Plus+]

Many services procurement and contingent workforce managers in mid-to-large enterprises are already at various stages of implementing supplier and spend management programs to control and enable their businesses’ consumption of the contingent workforce. These programs typically allow business users to submit a request specifying the characteristics of the kind of worker(s) or business outcome(s) they…

IT Talent and Services Sourcing: Innovation in a Challenging Environment (Part 2)[Plus+]

In this two-part series, we examine the state of technology-based sourcing, specifically in the IT workforce/services category. In Part 1, we looked into environmental factors that are driving innovation and other elements that are motivating openness to new approaches. In Part 2, we investigate different kinds of innovative sourcing solutions within the IT category and…

IT Talent and Services Sourcing: Innovation in a Challenging Environment (Part 1)[Plus+]

Technology-based innovation in workforce and services sourcing has been a major focus here at Spend Matters over the past years. And though we have tracked the trend of increasing work platform specialization (platforms serving up anything from data scientists to marketing content deliverables to food service workers), we have not really zeroed in on sourcing…

Legal Sourcing and Billing: Category Sourcing, Maturity Models and Services Procurement Linkages (Part 2)[Plus+]

Legal spend is a bit different than other categories in part because it cuts across all aspects of the business and the lines between “make” and “buy” can be drawn differently based on customer, need and timing. The fundamental challenge in this regard is that legal spending must be aligned with sales (customers), procurement (vendors),…