Among those using automation in business, it’s common knowledge that Robotic Process Automation (RPA) can be used to connect workflow systems without the need for complex scripting and Application Programming Interfaces (APIs.) Put simply, automation software joins different parts of your business infrastructure in an often-simple way.
Posted: 11/18/2019 - 00:52
Posted: 10/08/2019 - 02:11
Sourcing professionals know that companies make significant investments in software to run and drive their businesses. They see first-hand how software subscription costs might run as high as hundreds of millions of dollars annually. Yes, the Office of the Chief Technology Officer and various business units collaborate to determine what software is needed, but typically it’s the procurement office that makes the purchase, and employees that use the software. Therein lies the problem.
Posted: 08/29/2019 - 23:11
Can you outline why your team embarked on this project and the problem that needed to be solved?
The client, a telecommunications major, was looking to optimize their procurement operations and streamline their ongoing technology transformation initiative. Owing to GEP’s depth of offerings and expertise in procurement and supply chain, and top-of-the chart analyst ratings, the client chose GEP as their procurement services partner to address the following challenges:
Posted: 08/08/2019 - 23:34
According to U.S. Census Bureau population estimates, millennials will become the nation’s largest living adult generation this year. Pew Research Center has estimated that millennials are now the largest generation in the U.S. labor force, surpassing both Gen Xers and Baby Boomers. In 2017, millennials constituted 35% of the U.S. labor force, while Gen Xers accounted for 33% and Baby Boomers represented 25%.
Posted: 06/07/2019 - 03:16
Tell the readers here at Future of Sourcing a little about your role and your career path.
I have been part of the Virtual Operations team as Process Excellence Lead since 2016, prior to which my career had followed an admittedly unusual path from its beginnings in applied physics, via Operational Excellence consulting.
Posted: 06/06/2019 - 03:06
Posted: 05/02/2019 - 23:52
A traditional managed service provider (MSP) solution’s plan begins with analyzing the prevailing business constraints in a talent supply chain and then addresses the standard set of program issues using a well-worn solutions playbook. However, this leads to a tactical “one shoe fits all” approach to service delivery, generally resulting in only marginal improvements in a client’s contingent workforce program and is usually limited to operational (i.e., tactical) program features.
Posted: 04/04/2019 - 02:46
Dedicated procurement software applications have existed since the 1990s, and their use is still growing. By 2025, more than 50% of large and mid-size companies around the world will have deployed procure-to-pay applications, according to Gartner’s 2018 Magic Quadrant for Procure-to-Pay Suites.
Posted: 12/14/2018 - 01:33
Is your organization about to embark on an initiative to purchase and implement procurement software? Well, you’re bound to fail. Unless, of course, you address these land mines.
1.) You don’t know what your requirements are
Posted: 11/20/2018 - 01:04
The management of purchased services continues to lag relative to other categories of spend. And while the reasons are varied and debatable, virtually no one argues the availability of big savings opportunities. So what gives? No doubt, the decentralized nature of many purchased services confounds attempts to introduce more manageable processes. And we can’t overlook the “stiff arm” that procurement leaders often receive from stakeholders who treat certain categories of spend like organizational sacred cows.