PROCUREMENT OPTIMIZATION BLOG
Procurement Optimization Blog
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Making Procurement Performance Metrics Matter: 3 Questions to Ask Before Settling on KPIs
November 25, 2015Read MoreLast month, Kari Ostgaard presented a comprehensive list of 15 Procurement Metrics that Save Money in her blog post. While each of the metrics listed represent real and measurable value, tracking all 15 may seem like a daunting challenge. As…
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15 Procurement Metrics that Save Money
October 22, 2015Read MoreDo you know these metrics off the top of your head? Or how to pull them from your system into a regular report? If not, this is your first step on the path to smarter spend management. Far too often…
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The Pressure’s on for Procurement to be Faster and Simpler
October 15, 2015Read MoreRunning a business is like weeding a garden – you have to be vigilant about complexity “sprouting up” in your organization. Many times “weeding” is left undone, and our organizations become overly complicated and slow. With the pressure on business,…
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3 Steps for Preventing, “That’s Not Quite What I Had in Mind.”
September 16, 2015Read MoreIt happens all too often on new projects. You’ve nailed down the project requirements, established a budget, and set a date for completion. Next, you identify the project team, assign roles, and conduct the kick-off meeting, and you’re off to…
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Spend Analytics Challenges?
August 10, 2015Read MoreConsider the “Carrot vs. the Stick” Approach to Compliance A spend analysis, when properly performed, can lead to insightful findings and sustained savings, and often can act as a catalyst to driving business decisions. A vast majority of organizations have…
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Overcoming Professional Services Sourcing Challenges
July 21, 2015Read MoreThere are few categories in Corporate America that are harder for a procurement organization to influence and source than Professional Services. There are several reasons for this, not the least of which is that many of the negotiator/decision makers for…
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The Dangers of Getting AP Automation Wrong
June 9, 2015Read MoreSomehow, we went from being 15 minutes early to being 25 minutes late in the blink of an eye. Why? What happened here that caused such a drastic shift from a plane full of happy satisfied customers to a plane…
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Supplier Enablement: A Strategic Roadmap for Success
May 15, 2015Read MoreSupplier Enablement is a critical success factor for returning solid value on a Procure-to-Pay (P2P) investment. Along with Change Management initiatives to drive user adoption and compliance, Supplier Enablement is a key strategic ‘make or break’ activity by bringing most…
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Four Steps for Ensuring Effective Stakeholder Communications
April 16, 2015Read MoreHow many times have you received an email or meeting request that caused you to wonder, “Why did I receive this, what is expected from me, and why should I care?” Unfortunately, this kind of poor communication happens on a…
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What Happens After Go-Live? Three Steps for Ensuring Success
March 17, 2015Read MoreTechnology is available to enable every facet of the procurement process today. As a result, all of the organization’s energy often gets spent on technology deployment as the goal, and the go-live date as the objective. However, technology is only…
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