Imagine that you have been given the task of evaluating supplier performance in a key spend category. Let’s assume that there are two incumbents that have been in place for just over ten years. The product...
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Isn’t simplifying the process of procurement a smart goal? Every person I have spoken with in the last year has put simplification at or near the top of their goal list. It is interesting to note that many...
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Effective workflow management for CPOs starts with a well-designed cockpit and/or dashboard. Imagine knowing the status of projects at a glance including the ability to drill down as needed. Overwhelmed and...
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Transformation is a hot topic in procurement today. It would be easy to think about this as the next project on your roadmap. I believe that this must be a mindset. Transformation is ongoing not static....
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At the Marcus Evans CPO Summit earlier this month transformation was a hot topic. In addition, almost every procurement executive listed adoption and collaboration as important challenges. Transformation can...
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What would make you believe Is it possible to spend 30% less time on sourcing events? A very good friend of mine, who is a defense attorney, once shared a diagram with me on the topic of belief. He drew a...
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I don’t suppose you have the time to implement strategic sourcing in your company… Every week I speak to purchasing professionals who desperately want to be more strategic. The challenges they face are...
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You have probably heard about optimization and might be wondering if it will give your sourcing team a strategic advantage. Let me start with a brief recap on the excitement surrounding optimization from past...
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