PROCUREMENT OPTIMIZATION BLOG

Procurement Optimization Blog

  • Supplier Enablement Success on a Global Scale
    September 19, 2016

    Enabling 10,000 suppliers across the globe and incorporating them into a new procurement system is no easy task. While companies may be eager to load their suppliers into a new system and begin transactions within different channels, they tend to…

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  • The Supplier Enablement Success
    August 15, 2016

    One of the key success factors when implementing a new Procure to Pay (P2P) transformation is the imperative to connect electronically with suppliers. When working with suppliers to enable them to transact via a P2P system, there are a wide…

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  • The Importance of Meeting Notes
    July 12, 2016

    In business, projects are the building blocks of strategic advantage. And when it comes to projects, the most important goal is to complete them successfully – on time, within budget and with all the promises that were made. We all…

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  • You’ve been “Gotcha’d” – Now what?
    June 20, 2016

    It’s not unusual. After a lengthy selection process, your company has chosen a cloud-based solution that has garnered praise across the industry. All the higher-ups in the company are on board and think this is the best invention since sliced…

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  • Successful Global Platform Deployments: Executing Successfully (Part 2 of 2)
    May 23, 2016

    In my April blog, I stressed the importance of “Planning and Preparation” before commencing a global implementation deployment. Now that you have a global rollout strategy, identified governance ‘layers’ & team members and agreed to success metrics, you are ready…

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  • Outsourced Services: The Next Big Challenge
    May 23, 2016

    Outsourcing represents a fundamental component of an organization’s cost management strategy. But in the delivery of complex outsourced services, there is often a disconnect between the prices negotiated during the procurement phase and the actual costs of what is delivered…

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  • Successful Global Platform Deployments: Preparing for Success (Part 1 of 2)
    April 18, 2016

    All global projects have unique challenges, and here at The Shelby Group, we’ve had the “opportunity” to encounter many of them! When supporting our clients’ global deployments, we can easily pinpoint the ‘what to watch out for’ areas like taxes,…

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  • A $200 Billion Opportunity
    March 10, 2016

    The International Association of Outsourcing Professionals (IAOP) has confirmed that the Annual Contract Value of outsourcing relationships in global industry eclipsed $1 Trillion in 2014. Beyond the fact that this is an incredible milestone and validation of the strategy of…

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  • Insights from Blackstone’s eProcurement Initiative
    February 29, 2016

    In 2012, Blackstone–one of the world’s largest alternative asset management companies–set out to streamline its procurement processes with the implementation of the Coupa Procure to Pay (P2P) platform. While the challenges Blackstone faced are somewhat unique, the approach the company…

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  • How to Leverage Commodity Codes to Gain Greater Spend Visibility and Drive Hard Savings
    February 25, 2016

    Most organizations have a commodity code structure in place to support their purchasing. However, very few have an effective strategy that fully leverages the benefits of commodity codes within their sourcing and procurement platforms. A deeper understanding of the use…

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