It’s no secret that the entire RFP (request for proposal) process can be a chore. Even if you’re working with the best team, the process is still a lengthy one, and it may be a part of procurement that you...
Learn More
Once upon a time, companies had to manage purchasing departments and procurement management as though it was the Dark Ages. Everything was done by hand—there were no computer software programs to help, there...
Learn More
Going through the spend analysis steps is a very important part of the procurement management process. You can’t go through procurement and purchasing without spending money—but spend analysis involves...
Learn More
Spend analysis is, quite simply, exactly what it sounds like—analyzing how much you’re spending and what you’re spending it on. Spend analysis and procurement roughly means the same things, but there is a...
Learn More
If you are navigating the challenging process of choosing an eSourcing platform, I recommend that you consider analyzing results from the latest Spend Matters SolutionMap. Since the first SolutionMap was...
Learn More
RFPs that fail to deliver expected cost savings and/or efficiency gains frustrate procurement professionals and stakeholders. The issues typical revolve around insufficient planning or conflicting goals. As...
Learn More
This week I offer the most common challenges that are shared with me by procurement professionals. Most folks that contact me are: Grappling with a system that is difficult to use and utilization is very low...
Learn More
Optimization can put your team in a strong negotiating position that should translate into profitability and a strategic advantage. Today it is far easier to collect big data then it is to use it to create a...
Learn More