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Finding the Missing Link: Avoiding Supply Chain Risk with Complete Visibility
I’ll get right to the point: lack of data, or more specifically, lack of accurate data can spell disaster for an organization. Most organizations today know in some way, shape or form that they need to...
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The Supplier Management Journey to Best in Class
Companies that have achieved top performance for supplier management have many factors that contribute to their results, but nearly all of them followed a similar path in moving from laggard to average...
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The Fiscal Sweet Spot: The Overlooked Secret to Public Sector Procurement...
Stop me if you’ve heard this one before. Government Agency X recognizes that the systems in place no longer support their Agency’s mission. A decision is made to evaluate, select and invest in a new...
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The Adventures of eProcurement: 10 Clues Your Business Knows How to Save
"I have the advantage of knowing your habits, my dear Watson," said he. "When your round is a short one you walk, and when it is a long one you use a hansom. As I perceive that your boots, although...
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I Want My ROI!
During the initial days of spend management solutions it must have seemed like the Dire Straits iconic song, “Money For Nothing.” ROI was fast and relatively easy to come by. Maybe you got a blister...
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6 Ways Procurement Can Lower Your CIR
Competition is as fierce as ever in the European financial services industry as the move toward a harmonized market over the past decade has driven down margins. It’s Economics 101 – by pushing for...
View ArticleSpend Analysis and the Diverse Supplier Base
Procurement has gotten complicated, and that’s a good thing.Sure, procurement is not as simple as it used to be, when simply finding the best price meant a pat on the back and a “job well done” from...
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Hadoop There It Is: Tag Team of Hadoop and Procurement Come Up Big for...
In April of 2014, Hadoop celebrated its 8th birthday – and it’s amazing how far it’s come in less than a decade. At one time, its claim to fame was the role of potential savior for Yahoo’s troubled...
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Looking For More Spend Under Management? Refer to the Marketing Playbook
I’m a “process, flow chart, build a plan and work the plan” type of person. This is not associated with marketing, which tends to be labeled or positioned as “creative types.” One of the things I like...
View ArticleWebinar Preview – Excellence in Higher Ed Procurement: Get More Done for Less
While there is little doubt about the value of a college degree, the number of cost conscious families worried about rising tuition prices has left schools feeling the pressure to stretch their budgets...
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Agility: The Secret Ingredient for Spend Management Success
This week, the team at Ardent Partners released a research report titled “State of Strategic Sourcing 2014: Connecting the Dots.” I found it to be a great read, and I highly recommend you download and...
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Spend Analysis to Savings: Making Sense of Data to Build Your Sourcing Roadmap
Data analytics has been a hot topic this year, but is all the hype worth the business value it provides? In short, it can be, but you need to look at the right things. Data analysis is only as good as...
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