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Global Supply Management
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From Preservation to Prosperity: The CPO's Agenda for a New Decade
The traditional view of procurement focuses on cost savings through effective sourcing and contract negotiation, which are central to fulfilling organizational objectives without exceeding budget allocations. Beyond direct savings, however, the benefits of effective procurement can extend beyond functional boundaries. This study, which surveyed over...
Spend Analysis: Visibility for Intelligent Decision-making
Spend analysis has gradually become the top process in the procurement executive's toolbox, placing itself in the top-tier of functionalities alongside e-sourcing, e-procurement and strategic sourcing solutions. Aberdeen research over the last half-decade has chronicled the rise of spend analysis and its true value within the procurement organization....
Effective eProcurement: Assessing Options for the New "Economic Normal"
Successful technology management provides an opportunity for procurement departments to meet or even exceed established business targets by increasing spend and capturing savings generated through the innovation it provides. To attain procurement goals through technology in 2010, companies may look to expand, update, or even replace their current...
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