With the proliferation of enterprise procurement systems available today, buyers are confronted with an anxiety inducing paradox of choice. There are well over 100 procurement software companies worldwide today, each focusing on different parts of the Procurement value chain. Certain larger providers even argue they can be your “one-stop shop” for the entire Procurement value […]
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 […]
Listen to the Podcast that inspired this infographic HERE. ———————————Do you see any other critical success factors that were missed? Which one do YOU think is the most important? How would you ensure it is appropriately covered during a project? Let me know in the comments. If you liked this post, why not
I recently discussed the critical success factors of Source to Pay implementations with Thierry Jaffry on episode #2 of the Pure Procurement Podcast. Thierry is Vice-President for the North-American market and Global Chief Marketing Officer (CMO) of Fluxym, a global leader in Source to Pay consulting services. During the episode, Thierry and I discussed the […]