Procurement



Top Story Procurement


Study Shows CFOs Lack Visibility Into Their Organization’s Business Spend Management

CFOs may not always be the most publicly visible executives compared with CEOs and other senior leaders, but in a rapidly changing world full of new challenges and risks, finance executives can be the stewards who guide companies toward growth.

Latest Procurement Posts

This paper details how digital technologies are on pace to automate most routine procurement processes within three to five years.

Enabling digital transformation, connecting data and analytics to drive actionable insights and turning data into dollars

Supply chain partners that collaborate drive continuous improvement and innovation. But getting there takes a new approach.

A new research paper by AlixPartners on “sourcing and purchasing transformation,” reveals that supply chain managers may face fresh challenges in the coming months. Titled, “Rough seas ahead for procurement,” the paper notes that traditional business models of many industries are being disrupted by technological innovation, putting a cap on the ability to pass price increases on to consumers.

CFOs may not always be the most publicly visible executives compared with CEOs and other senior leaders, but in a rapidly changing world full of new challenges and risks, finance executives can be the stewards who guide companies toward growth.

A study of more than 500 CFOs and senior finance executives conducted by the Economist Intelligence Unit and commissioned by Coupa, reveals that more than 60 percent of CFOs lack complete visibility into the transactions within their organization. Sound familiar?

Procurement is getting its digitized act together and while supply chain managers have been slow to integrate digitization in the procurement function, the trend may finally be gaining traction, says a new report.

In this report, Accenture's business experts describe why it’s imperative that organizations start their digital procurement journey now to ensure they’re not left behind in the race for competitive advantage.

In these 2 papers, Elemica provides a quick primer on how to handle complex sourcing events, and how to leverage big data and analytics in your next transportation request-for-quote.

This white paper details how you can improve your procurement data to make a positive impact on your organization by explaining why procurement data is important, getting started with your procurement data, and what the experts are saying about the impact of technology and analytics.

Xeeva, a global provider of intelligent cloud-based AI procurement software and financial solutions, share some insights into Gartner's procurement and sourcing technology predictions for 2018 and details why the market is evolving quickly as technology continues to advance.

Procurement professionals have been upping their game in recent years. Those skills are going to come in handy in the years to come.

I was having lunch with a friend of mine who had recently conducted a transportation sourcing event. As we ate, he bemoaned the results of his recent attempt to obtain better rates through his company’s process. “Our rates are going up and the carriers are completely unwilling to negotiate with us—where did we go wrong?”

Manufacturers looking to gain control over their inventory through Lean principles are turning toward eKanban (electronic Kanban) software solutions that can effectively plug into their current systems and environment.

Amber Road’s solution enabled the Fashion company to centralize and automate their material management processes.