Procurement Leaders, Make Your Ecosystem Work for You

The  procurement industry has shifted dramatically in recent years. Rapid Digitization, Talent gaps, new regulations and niche business needs are driving much of this change. As 20+ years industry veterans, WNS-Denali, we are excited and impressed to see procurement teams creating value through new channels and previously untested approaches. It’s an exciting time to be in procurement, but it can also be confusing and overwhelming. 

How do you give your team the right tools, capabilities, and priorities to succeed and plan for the future?

The Risks of a "Hero" Culture

Posted: 02/07/2020 - 00:00
Author: Rafal Chomicz
Risks of a hero culture.

What is a hero at work?

At some point, most of us have worked for an organization steeped in a “hero” based culture.  This culture can be found within a company dominated and ruled by employees that go the extra mile, and are dedicated, intelligent, knowledgeable and hard-working. Your classic hero is generally ambitious and at the top of their game.

What 100k Assessments Taught Us About Supply Chain Sustainability

Posted: 02/03/2020 - 00:00
Author: Sylvain Guyoton
Supply Chain Sustainability

At EcoVadis, we recently reached a major milestone on our road to improving sustainability and CSR performance across global supply chains — our 100,000th sustainability assessment. Since our first assessment in January 2008, we have collected data on more than 55,000 suppliers in 198 industries from 150 countries. Believe me, much has changed over the years.

As we look forward to our next 100,000 assessments, here is a look back at four things we’ve discovered.

Intelligent Automation: How Robotic Process Automation Accelerates Due Diligence

Evolving regulations, growing risk exposure and shrinking budgets—today’s risk management professionals have their work cut out for them. What can you do to more efficiently identify red flags across global networks of customers, suppliers and other third parties?  

Take the next step in optimizing your risk management process by attending this educational webinar on Robotic Process Automation (RPA).  

The State of Procurement’s Value Measurement: Evolution and Best Practices

Digital transformation is not just changing the way we define value -- it's changing how we measure it, as well. In Procurement, measuring and proving the value delivered to businesses and customers has traditionally been focused on cost savings, but evolving objectives and expectations require a new approach.

Today, successful value measurement in procurement requires understanding the mindset of stakeholders and leveraging the trove of procurement data that's available.  

Join Sourcing Industry Group and Ivalua for this webinar to learn:

Millions of Choices

Posted: 01/29/2020 - 00:00
Author: Amanda Prochaska
Millions of Choices

Welcome to the new decade and new year. This is when we set big lofty goals to accomplish changes in our lives and careers. Unfortunately, we often set these goals and they remain as just that — goals. They stay in our heads, in our journals or in our hearts. Commonly, at this time of year, we also tend to feel many regrets that another year passed and we are still nowhere closer to our goals or, worst case, even farther away.

To quote one of my all-time favorite songs:

Dumbed down and numbed by time and age,

Procurement Is the Ultimate Guardian of Responsible Supply Chains

Posted: 01/27/2020 - 00:00
Author: Thomas Udesen
Procurement Is the Ultimate Guardian of Responsible Supply Chains

Imagine a world where all people thrive within the environmental boundaries of our planet. Picture a planet where the immediate threat of climate disaster has been avoided and where global businesses have evolved their business models to support a responsible and low-carbon economy.

Whilst is seems a bit far-fetched looking at today’s realities, we fundamentally believe this world vision is possible and millions of procurement professionals worldwide are mission-critical in making this come true.

5 Procure-to-Pay Trends to Watch in 2020

With the new year upon us, it’s the perfect time to take a look at look at the future of procure-to-pay (P2P). To keep up with the changing P2P landscape, while looking forward to new innovations in the marketplace, join our upcoming webinar on “5 Procure-to-Pay Trends to Watch in 2020”.

Don’t miss out on the top trends that are going to make the biggest impact in the new year.

The Predictably Irrational Appeal of Print Marketing

Posted: 01/17/2020 - 01:05
Author: Sarah Scudder
The Predictably Irrational Appeal of Print Marketing

For years, many advocates of print-based marketing channels and tactics have argued that the physical and tactile nature of tangible marketing materials make them more appealing and persuasive than purely digital forms of communications. Until recently, however, these arguments have been based mostly on instinct or intuition rather than on hard scientific evidence.

Scrap Early New Product Excel BOMs to Accelerate Sourcing

Posted: 01/15/2020 - 00:00
Author: William Crane
Scrap Early New Product Excel BOMs to Accelerate Sourcing

Let’s face it — many of our company’s functions still operate largely in silos as we batch our work together to then throw it over the wall to the next team in the value chain. Much lip service has been dedicated to catchy buzzwords like “agile” and “collaborative new product development.” Unfortunately, these newer ways of working together remain largely untapped.

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