Procurement transformation is an important new focus area for supply chain-driven companies, in which efforts are afoot to concentrate and realign resources on procurement process excellence.
Many of today’s more advanced sourcing solutions can help you drive five critical procurement transformation initiatives. (more…)
In an exclusive for SM, I would like to announce I am setting the deadline of 27 August 2015 to be when I am the first person to set foot on Mars.
I am just as likely to meet this target as the European Commission is to achieve its goal that all public sector procurement will be carried out electronically by mid-2016.
The Commission describes the target as “ambitious”. I would describe it as laughable. (more…)
We are living in times of a growing amount of digital data. Economist writer Ludvig Siegele claims 2012 will be the year in which the trend of ‘big data’ gets noticed more widely. “Many more firms will start to analyse huge piles of data to optimise everything from their supply chains to their customer relationship,” he wrote. (more…)
As technological advancements have impacted the business world, the way we work and interact with suppliers has similarly changed.
E-procurement became a buzzword in the purchasing profession as the internet transformed business. Even now, purchasing technology remains a topic of conversation as communication methods and processes adapt to reflect the modern world. (more…)
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