The tools of Procurement and Supply Automation have been with us for well over 20 years, yet many organizations still struggle to gain efficiencies though technology.
Billions have been spent on Enterprise Resource Planning Systems (ERPs), Supplier Management Automation, Inventory Management Systems, electronic marketplaces and e-Sourcing Tools, but the promised value doesn’t always yield the expected [...]
As the economy continues to plunge, companies around the world are not only looking at obvious cost reductions, but increased efficiencies in how their businesses run.
The move to a shared services structure can deliver both for any large organization looking to achieve savings. But centralizing functions such as accounts payable and procurement is only the [...]
The scenario is known: corporate consolidation via merger and acquisitions, a global economic slowdown, and a crunch in resources.
The world’s Supply Chain may have reduced its throughput, but on one side companies more than ever need to be able to source from the most adequate vendors and be smart about their spending. On the other [...]
Continue reading about Can Performance Management Transform Your Business? (Part 1)
The global market has taken a beating lately. With credit drying up, more regulatory pressures, soaring transportation costs and general supply market instability, executives are hunkering down and thinking “what next?” But the beacon of light in this financial murkiness remains the strategic importance of the supply chain management discipline and its innovation. Most will [...]
With many global enterprises facing one of the strongest worldwide recessions in a lifetime, Chief Procurement Officers (CPOs) and other procurement leaders will be forced to do even more with even less over the next 12 to 18 months. While desperate times may call for desperate measures, a majority of procurement departments need only take [...]
As businesses look to survive this strong economic downturn, help may indeed be in the clouds, or cloud as the case may be. So what do I mean? Well, think of it like this. The next big upgrade to your supply chain network may be something you use, but never see. And better yet, it [...]
Continue reading about This “cloud” could clear everything up for supply chain managers