Category: Best Practices

Class C purchases or spot buys representing a small 5% fraction of the total spend but a big 60% amount of PO is in general a pain and not …

It is interesting to realise that Digital Procurement doesn’t mean at all the same thing for everyone. Many are considering that using Sourcing & Procurement IT systems in the …

Spend analysis is high on Procurement agenda since the mid 1990 but remains a challenging matter. Spend analysis is a complex topic on its own and encompasses all activities related to “the process of …

I just went through the post from Spendmatters.com “Why Platforms are needed to accelerate Procurement agility“; if I am sharing the author’s point of view, I would even go beyond: …

In the course of my 15+ years in Sourcing & Procurement, based on my personal experience as well as leveraging market analysts reports, I came to the point of …

All of us in Sourcing and Procurement would agree: Analytics are great and required for top Performance . However, when talking of Procurement Analytics Maturity, many companies I’ve worked for believe …

You can segment Spend Content in 3 main buckets: Simple catalogs, Good & Services and Contract driven Content Simple Catalogs : Many small value transactions Lists of items with …

Where to start is always the question, for those who are initiating their journey or for those who are on their way and working on continuous improvement. This post shall help you to …

On average an organization/enterprise has: More than 3,000 indirect suppliers Not more than 250 catalogs available online through procurement application Not more than 50% of influenceable indirect spend under …

If you are in the exciting process of  setting up your Journey for a Best in Class Purchasing organisation , you’ll need a Vision, a structured Approach and right Priorities, namely a Sourcing & …