Analytics

10 Ways to Find Savings Through Analytics

Posted: 07/09/2019 - 06:48
Businesses need faster and more comprehensive spend management solutions, without the need for additional subject matter experts. To this end, our clients have benefited from improvements in insight and service delivery using 4C’s analytics platform 4Spend. Here are ten ways in which new savings can be found using analytics. 
 
1.) Categorisation and Benchmarking 
 

A Vision for Procurements Future, with Conor Quarry, and Komal Patel

Posted: 10/04/2018 - 05:50
Dawn Tiura: Folks, I'm excited to introduce you to Conor Quarry. Conor is nominated as a Rising Star and he's from IBM, and Conor, I want to welcome you to the podcast.
 
Conor Quarry: Well, I'm happy to be here.
 
Dawn Tiura: You have just the most amazing recommendation that was sent in which is why you are a finalist in the Rising Star nomination category. Can you tell me a little bit about your inspiration? What inspires you every day, and what makes you do such an amazing job for IBM?
 

Artificial Intelligence: What’s Now and Next in IoT-Driven Supply Chain Innovation

Posted: 03/24/2018 - 02:32

Like most people, coffee is one of the most important rituals in my morning routine. There’s something about the aroma and taste that kick-starts my ability to have a great day. So, imagine my surprise when I found out that a favorite coffee shop was closed before I had to jump on an early-morning flight home. The employees were in the shop, but the gate locked out coffee aficionados, like me, who really needed that jolt of caffeine.

Embrace ambiguity: building a case for business value

Posted: 06/28/2016 - 20:03

Sourcing executives today are all about innovation and adding business value: buying smarter to drive business benefits such as increased customer satisfaction, reduced error rates and insights into product design. In other words, procurement operational strategy aspires to demonstrate alignment with factors driving the success of the business, which is more than just cost takeout.

Who could argue with that?

Building a sales force multiplier

Posted: 05/18/2016 - 01:58

Likely all of us have heard the expression (or something close to it), “If I was starting this company all over now, I would do it much differently.” Often such break-away thinking yields new companies, or in some cases, new divisions or subsidiaries of companies. To achieve true transformation, one must employ “trans-process” thinking. I’m not sure if anyone has coined the term yet, but if they did my credit is hereby given. If not, I will claim it now.

The digital transformation journey

Posted: 05/06/2016 - 19:59

Business leaders and technology executives are deluged by the rhetoric about disruptive digital technologies coming of age, companies and whole industries going digital.

Maturing and new technology tools, combined with rapidly changing technology usage patterns of businesses and consumers, are forcing a rethink, even a re-imagination of what companies can do. Obviously there are leaders and there are followers, with every success story probably preceded by unsung failures.

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