Procurement Owns Spend Management: Procurement Myth No. 15
Sure, procurement "manages spend" but does it "own" spend management?
View ArticleProcurement ROI Is The Single Best Procurement Metric: Procurement Myth No. 16
If you had to pick 1 metric to use, what would it be?
View Article“No PO, No Pay” is a Best Practice – Procurement Myth No. 17
This "procurement" rule presents some problems.
View ArticleSpend Categories Taxonomies Are Hierarchical: Procurement Myth No. 18
Spend categories are modeled by hierarchy – and that's a problem.
View ArticleHow Would Jerry Maguire Do Spend Management? Procurement/Finance Alignment...
Insights on our snap poll conducted with ISM on procurement and finance alignment
View ArticleGet Legal Involved in Collaboration – 17 Ways Finance can Help Procurement:...
No. 17 on our list of how to get procurement and finance better aligned.
View ArticleCoordinate Risk & Compliance Activities – 17 Ways Finance Can Help...
Procurement wants finance's help with risk and compliance coordination.
View ArticleOptimize Working Capital – 17 Ways Finance can Help Procurement: No. 15
Finance: Don’t reduce working capital at expense of supplier health and TCO
View ArticleNo General Ledger For The Spend Data Warehouse – 17 Ways Finance Can Help...
Procurement has another request for finance regarding spend data
View ArticleEradicate “Use it or Lose it” Budgeting – 17 Ways Finance can Help...
No more rushing to spend all the money in the budget at year-end
View ArticlePutting the Steak Before the Sizzle in Consumerized B2B E-Procurement
“Guided buying’ is more than a sexy simple user interface
View ArticleIncrease Savings and Spend Insight – 17 Ways Finance Can Help Procurement:...
Procurement wants more visibility into contracts, savings and spending
View ArticleFind an Ultimate Supplier MDM Process – 17 Ways Finance can Help Procurement:...
Master data management needs to be freed from its transactional shackles.
View ArticleWhat Procurement Can Learn From Quality Management in the 1980s (Besides Bad...
How has quality management evolved over the decades?
View ArticleUsing Financial Controller Policies – 17 Ways Finance Can Help Procurement:...
Controller processes and internal audits can help procurement too.
View ArticleProcurement Needs a Mandate: Procurement Myth No. 19
How to become a valued business partner – not a gatekeeper.
View ArticleSupply Management is a Department: Procurement Myth No. 20
How procurement can establish itself as a thought leader inside the organization.
View ArticleUnderstanding the Perfect Order Metric
While a heavily a heavily logistics-oriented KPI, this metric has a great deal of relevance to procurement.
View ArticleHow to Perfect Imperfect Perfect Orders
If you're going to implement the perfect order metric, think about broader performance measurement and how robust your processes and systems are.
View ArticleForget Category Management, Start with Customer Management and Context...
Shouldn't procurement be a valued business partner rather than just an internal service provider?
View Article
