Comprehensive information about global sourcing and procurement strategies, covering software, spending analysis, order management, supplier evaluation and e-Procurement.
Organizations that remain successful over the long run always invest significant resources in nurturing their “people capability” because they “get it”—they understand that people are the heartbeat behind organizational performance.
Thursday, May 5, 2016 · Yves Thill and Jennifer Garlitz
Many companies have little visibility into their external spend in a detailed and holistic manner; it is fragmented, managed in silos by disparate stakeholder groups, and under-leveraged as a result.
There are three distinct categories of talent necessary for achieving optimal performance: “procurement employees” are just one of the three categories.
It has become clear that the most effective procurement departments rely not just on their own departmental capabilities and resources but also leverage internal partners to support their work.
On the heels of the historic climate agreement signed in Paris by nearly 200 nations in December, climate change has been increasingly on the minds of procurement executives of Fortune 1000 companies.
Procurement offers millennials the opportunity to learn the business from end-to-end, secure executive access and exposure, and have a significant impact on business performance.But skeptics ask: "Do we really need another framework, or do we just need to do a better job…
The second annual ROSMA Performance Check Study is once again a collaboration between A.T. Kearney, the Institute for Supply Management (ISM), and the Charted Institute of Procurement & Supply (CIPS).
Many organizations seek to improve their procure-to-pay processes by adopting technology that can increase the efficiency of procurement and accounts payable activities. APQC's research indicates that although a large amount of organizations have adopted technologies to…
The Hackett Group's World-Class Procurement Performance Advantage Research is based on an analysis of results from recent benchmarks, performance studies, and advisory and transformation engagements at hundreds of large global companies.
According to new research from The Hackett Group, Inc., a key differentiator is the superior ability of world-class procurement organizations to gain a deep understanding of the needs of their business, react more quickly to changing requirements, and drive higher overall…
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