White Paper Wednesday- Profit Growth through Procurement
“Focusing on employees” is undervalued best practice these days. However, employees play an integral role in managing a company’s total costs and negotiation of better contracts. This blog discusses statistics of procurement employee training and the importance of acquiring the right people.
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Spend Matters Perspectives recently released its latest coverage of topics in the procurement world, this time the focus was on the value of certifications. As usual, Jason Busch does a fine job of writing comprehensive and comprehendible content to examine the landscape of talent in procurement. The research starts out with some very [...]
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In a past position I held, I remember our CEO hiring a consultant that specialized in Knowledge Management to help our company become much better at retaining and sharing the collective knowledge of our global organization. Just like most business / process improvement concepts the idea behind this was very solid and worthwhile, but the [...]
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I was recently reading through the Financial Times, which was running a special section on digital business. In it were a number of interesting articles about IT procurement and the current state of investments, architecture, homogeny and best practices.
Via a study by PwC partner, Bob Zukis, some conclusions are being drawn to the productivity [...]
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One of the things that is frustrating about commenting on oil markets, is the virtual guarantee that the price will significantly different between writing and publishing an opinion. That is true is this one, too. As I write, the price per barrel has sky dived to $65 and pump prices are below $2.50 [...]
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Reuters reports that software patents will start to have a tougher ride in the coming years. As the holder of a couple of patents in the purchasing space I have mixed feelings about the decision but overall I believe this decision will have a net positive impact on innovation.
“The U.S. Court of Appeals for the [...]
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Next week, I will publish the first post from Paladin Associates, our newest Affiliate Partner. Paladin is a well established sourcing advisory firm, with decades of executive procurement experience.
Paladin offers an extensive array of services to assess issues, reduce costs, improve processes, and accelerate growth, resulting in improved productivity and profitability. Paladin Associates have [...]
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The current economic climate has brought an increased focus on costs across many companies. Procurement managers around the globe see this as their opportunity to step up and deliver value. But it is much more than that: It is an opportunity to step out of the box.
If we really want to demonstrate procurement leadership, we’ll [...]
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