In times of uncertainty and rapid change, whether in sales, operations or spend management, fortune favors those who are positioned to confidently take decisive action and efficiently execute decisions.
For Spend Management organizations, spend data is the currency that allows us decide with confidence and move quickly to implement changes to our supply base. Time […]
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This quarter’s SupplyWatch report hit the virtual shelves Friday (print edition will go out to subscribers shortly). In addition to the Core Category Details, this issue includes an interview with Yahoo! CPO Ron Carcamo, a man who was brought into the company 18 months ago to get their spend under control and chart a course […]
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One last topic from Spend Management Day in Seattle has been in my queue for a while, and that’s the common theme from several presenters towards processes that empower their employees to work on exceptions to the rule rather than repetitive tasks.
A great example is Expedia, whose contracts department handles a staggering 45,000 active contracts […]
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Deloitte’s Ryan Flynn recently previewed the ICE (Immigration & Customs Enforcement) webinar and their Wal-Mart case study. As you likely recall, Wal-Mart received a very public PR black-eye a few years ago when some of their subcontracted cleaning crews turned out to be comprised of undocumented workers. The media hung the company out to dry […]
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Few would deny that spend management has taken hold and earned it’s place at the table in the C-Suite of large companies. But in the mid-market (<$2 billion in annual revenues), adoption of the principals and tools of the “big companies” has been slower to take hold. In fact, we recently conducted a survey of […]
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Last week, I posted an analysis of Accenture’s recent SRM report. Now,
Manufacturing Business Technology has a detailed take on the study as well. Tim “sound-bite” Minahan and Mickey North Rizza are quoted extensively. In the article, Tim refers to a new law of “diminishing returns” in procurement. “You can only take so much out […]
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Mark Hillman is doing a fantastic job at AMR Research, investigating an area which I follow very closely: supply risk management. His recent brief on the subject (registration / subscription required), Supply Chain Risk Management Hits Mainstream, describes some of the findings of a more detailed report which the firm will release later this summer. […]
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