Note: This post is the transcript of the episode. If you prefer listening to audio, you can listen to the episode on the podcast page. On the last episode, we explored the criticality of vendor data for Source-to-Pay system benefits realization. On this episode, we widen our focus to see how you can quickly get value from the spend data you currently […]
Note: This post is the transcript of the episode. If you prefer listening to audio, you can listen to the episode on the podcast page. On the last episode, we explored the critical success factors for your Source to Pay system implementation. One of the factors that came up and got a strong reaction was vendor […]
In Deloitte’s 2019 Global CPO Survey, 53% of the 481 top procurement leaders surveyed reported that they are not satisfied with the results of digital technology implementations within their organizations. Why is it still so hard to get a Procurement digital transformation right? I think this is due to two main factors. First, the general […]
As Procurement, we generate value for the business in a number of ways. These all require Procurement stakeholder engagement: Stimulating supplier innovation Finding cost savings opportunities Negotiating terms & conditions that create better outcomes for the business Etc. Without your internal customers’ implication, it’s almost impossible to generate value for the business. You are left […]
In nature, cross pollination can yield wonderful new varieties of plants. As bees and other insects buzz between different plant species, magic can happen and a new type of plant is born. I think this is a great analogy for one of the ways you can bring innovation to your field; that is, getting inspired […]
