Procurement

Crafting a KPI Playbook to Enhance Supply Performance
Apr 14, 2021    0
As Peter Drucker famously said, “If you can’t measure it you can’t manage it.” Today, technology tools enable real-time collection and analysis of near endless amounts of big...
7 Tips to Shape the Future of Supplier Diversity in the Enterprise
Apr 06, 2021    0
My last article was an overview of how large enterprises have historically approached supplier diversity initiatives and why they have underperformed. This article will focus on ways the enterprise...
Payables and Procurement collaboration.
Mar 31, 2021    0
The COVID-19 pandemic underscored the need for better collaboration between finance and procurement as organizations needed to act quickly to increase their focus on their cash position, cash flow...
Procurement Has Yet to Solve Its Data Challenges
Mar 26, 2021    0
LogicSource and Sourcing Industry Group recently conducted a joint procurement technology survey. The results revealed some consistent, yet alarming, trends in procurement spend analytics. In short,...
Practical Lessons from the Front-Line Automating Procurement
Mar 23, 2021    0
The stark reality is, many, if not most, businesses fall short when implementing automated processes within procurement. Company leaders driven to improve efficiency and flexibility often attempt to...
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