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Procurement in Practice: BT Sourced — Redefining procurement and the CPO for the 21st century
July 20, 2021 |Nancy Clinton

We talk to the head of new standalone procurement company, BT Sourced, and CPO of BT Group, Cyril Pourrat. The organization’s vision was to redefine procurement from top to bottom; to build a more digital, and more sustainable, business model to drive continuous transformation and create value for everyone – customers, suppliers, partners, colleagues and…
Brexit — a challenge or an opportunity for CPOs?
April 8, 2021 |Guest Contributor

花很重要welcomes this guest post from Philip Woode, Principal at Efficio Consulting. Britain leaving the EU brought about the biggest change in the UK’s trading relationships for decades. While Brexit appears to be the main factor for some disruptions, global supply chain problems resulting from the pandemic and the impact on trade in general…
What role can procurement play in freeing up cash in the wake of Covid?
March 30, 2021 |Guest Contributor

Companies in diverse industries, including manufacturing and retail, are bracing for a hit to their results amid halted production, supply issues and changed consumer behavior. Reduced revenues can impact a company’s overall financial situation and force them to rely on liquidity reserves, raise additional capital or reduce spending to make up for a shortfall. Adding…
Biden’s review of US supply chains stirs experts from the procurement world to react
March 9, 2021 |Nancy Clinton

As the world is reeling from President Biden’s latest Executive Order (EO) on domestic sourcing of currently imported critical components, primarily computer chips and medicines, to help the US become less dependent on foreign supplies, Spend Matters turns it eye to the general thoughts of the procurement sector. The EO is intended to help protect…
Procurement, private equity and the pandemic
March 4, 2021 |Guest Contributor

Alejandro Alvarez, Partner: Operations Performance at Ayming UK, offers four impacts and effects of the events of 2020 on the private equity value-creation process. "In our experience, when working with private equity firms and their portfolio businesses, robust VCPs that address multiple areas of the business to deliver sustainable improvements are the foundation for success. But…
Vendors will never make money off optimization unless they originate the opportunity!
November 6, 2020 |Michael Lamoureux

Editor’s note: This post from Michael Lamoureux, aka the sourcing doctor, answers Jason Busch’s counterpoint to Michael’s original post (Optimization is not optics — it’s obligatory!) that both published last Friday. Vendors have every right to make money from buying organizations just as buying organizations have every right to make money off their customers. And…
Optimization is not optics — it’s obligatory!
October 30, 2020 |Michael Lamoureux

Optimization is making a resurgence for the third time, with a number of suite vendors recently implementing or expanding their capabilities, but will this time be the charm? It should be, especially considering the COVID-19 disruption. In this point-counterpoint article, Spend Matters analyst Michael Lamoureux argues for optimization. And Jason Busch, Spend Matters' Founder, argues…
Beyond Supplier Risk Management: How Procurement Can Take a Leadership Role in Enterprise Risk Management (Part 2) — Aligning Enterprise Risk to Supply Risk- [PRO Content]
January 3, 2019 |Pierre Mitchell

在本系列的第1部分中,我们描述了这一过程that most progressive procurement organizations use to relate enterprise risk to supply risk. Throughout such transformations, a single theme pervades: alignment. The premise here is that while value chains are, in fact, a chain of value that flows across multiple stakeholders, the “signal” often gets…
Supplier Management: Dozens of Markets in One (Market Introduction)- [PRO Content]
December 17, 2018 |Jason Busch

The supplier management technology and services market is one of the broadest, most complex and mysterious to those who try to make sense of it — and take advantage of the many solutions that it offers. Spend Matters tracks well over 100 providers in this market, and they fall into more than a dozen individual…
So You Want to Build a B2B Marketplace: 8 Business Scenarios & Case Examples (Part 2)- [PRO Content]
November 20, 2018 |Jason Busch

Just what is a B2B marketplace and, most important, why would you, as a procurement organization or distribution/business intermediary, want to build one? This Spend Matters PRO series provides insight into these and other questions. Part 1 and today’s installment begin by segmenting the market into (and defining) eight business scenarios they can enable that…
Number of High-Earning Independent Workers Is Rising, MBO Report Says
October 22, 2018 |Taras Berezowsky

A select group of high-earning workers has been increasing, according to a recent research brief from MBO Partners, stemming from the firm’s eighth-annual 2018 State of Independence in America report. The report estimates that of the more than 15 million full-time independent workers, 3.3 million are high earners — defined as earning $100,000 per year…
Key to Supply Chain Innovation? Early Adopters of Technology Do Well, Study Says
October 8, 2018 |花很重要Team

With disruption upending every segment of business over the past decade, it may not be surprising that new research ties technological innovation to high supply chain performance. A 2018 web survey by Adelante SCM and BluJay Solutions found that over 80% of companies that identified as “innovators” or “early adopters” of new technologies also ranked their organization’s performance as slightly or significantly above average.

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SKU/Supplier Standardization in Procurement: Simple Best Practices:Diana Dengsaid : it is very important for standardnization. Combine volumn, increasing bargin power...

A History of Purchasing: From “Materials Men” to Today (Part 1: 1850s - WWII):Diana.Dengsaid : Purchasing play important role for company, for cost control, for VAVE change, risk control, marketi...

A History of Purchasing: From “Materials Men” to Today (Part 2: 1950s - Present):Diana Dengsaid : Purcahsing is very important for company, especialy for compliance, cost control, risk management, s...

A partner-first strategy is the future of procurement at Jaggaer:Adrianasaid : Esta bien...

Women in Procurement Wednesday: Angie Claeys on gaining confidence through learning your craft:The Brands Infosaid : Thanks for sharing this information. This is really a informative article....