EC Sourcing Group – A Practitioner’s Perspective by Kumar Kannen at Procural: I am going to dig into the fast-evolving world of sourcing technology from a practitioner’s perspective as part of an on-going series. Most reviews that I have seen are too high level and don’t provide enough detail to decide on whether a software […]
Is managing emerging supplier risks a priority for you or your team in 2021? Join us for a best practices webinar on supplier-funded strategies for mitigating today’s top risks. Bring your questions and we’ll bring our insight. If any of these Supplier Risk Questions resonate with you or colleagues, this is an event for you: […]
Objectives of Procurement Management The objectives of procurement management can range from the most general, such as “buying goods and services,” to the more complex, such as “supporting organizational goals within the team.” Procurement and purchasing is one stop on the supply chain, but everyone suffers if there’s a break in the chain. Every […]
One School District’s Purchasing Staff is Successfully Operating Virtually During Coronavirus The purchasing group of one of the largest school districts in New Jersey is successfully navigating the Coronavirus pandemic without missing a beat. This wouldn’t have been possible less than two years ago. At that time, they were using a system straight out of […]
A crisis will shine a light on the weakest links in your supply chain. Wouldn’t we all like to have a supply chain built to withstand a ramming like the cruise ship RCGS Resolute? It was built to sail through icy waters including trips to Antarctica. Not only did the cruise ship escape with minimal […]
As a procurement professional who has worked remotely for years, I will share some tips on how to stay engaged and productive during the Coronavirus crisis. About half of our team works from home at least one day a week and we often chat about the challenges that this type of freedom brings. The current […]
Do you want more time to run RFPs or more time to analyze them? What if supplier onboarding and management were simplified? If intake was automated would stakeholders be happier and engaged? If you are like most people I speak to, they have more things to accomplish and don’t have the time to do them […]
In my experience automating cross functional scoring is the easiest way to increase stakeholder engagement. Every prospect I have spoken with in the last 4 years has asked about automating cross-functional scoring. Every prospect. It continues to surprise me that successful companies are still using a manual system based on spreadsheets, PDFs, in person discussions […]
A simple way to increase supplier engagement is to utilize your RFI tool. Most organizations list supplier engagement as a top goal. Motivated suppliers help your bottom line and organizational efficiency. If it is a headache to do business with your company, many suppliers will look for other business partners. Your RFI tool can help […]
Increasing stakeholder collaboration is a goal I often hear from procurement professionals. Stakeholders typically say that the existing procurement process is cumbersome and time consuming. Here are some of the common frustrations that have been shared with me: “The current intake process has so many steps even for routine purchases.” Procurement always seems to be […]