Why procurement pros need to help with cash-to-cash cycles
Procurement professionals should reach out to colleagues in finance and offer to help out with vendor payments and the cash-to-cash cycle (CCC)
The value of digital automation and analytics to procurement
A new study from The Hackett Group has shown that leading procurement organisations that have comprehensively optimised their technology architecture
Why procurement should focus on stakeholder interaction
Most internal stakeholders in an organisation are under the misconception that procurement worries just about cutting costs.
As a result, departments
Data + metrics = improved procurement processes
A new article in Supply & Demand Chain Executive magazine warns that continued improvements in procurement processes can only be achieved on the basis of accurate data. Noting that most companies have yet to upgrade their technological sophistication, the article...
New smart algorithm promises improved supply chain inventory management
Procurement and supply chain professionals who use data based on customer purchasing habits to recommend operational decisions
Christmas procurement: tips to make it smooth and organised
When Christmas is approaching, procurement professionals get busy trying to source gifts. It can be stressful to find the right gifts and accommodate last-minute
