It has been a very busy summer for the SRC. We've been busily updating existing tools and templates and adding new ones.
I've now been at SIG for over four years. In that time I have managed over 400 Peer2Peer requests, the majority of which are archived in the SRC. Over 150 member companies have sent an average of seven requests per month, achieving a response rate of 96%.
Tell me, how often do you have an almost 100-percent chance to receive a useful, realistic response to really tough questions…and how often does that response come from a real practitioner, you know, someone who's felt your pain…and furthermore, how often does a quick email exchange (anonymous, of course) turn into an opportunity for transformation, cost-avoidance, and cost-savings?
Take advantage of what your colleagues have been through…browse our archived discussions, or post an inquiry of your own.
Take ten minutes here and explore some of just a FEW of the latest additions to the SRC, including Peer2Peer discussions. You will need an active username and password to access this information. Click
here if you need one or forgot yours.
SIG HfS Procurement Value Index 2014
Procurement organizations continue to experience intensifying pressures to deliver more strategic categories across a widening array of geographies, while responding to increasingly demanding levels of performance and insight. Consequently, many organizations have considered leveraging outside services from consultants and outsourcers to advance their capabilities, in addition to investing in new technology tools and platforms. This study's objective was to: 1) To examine buyers and potential buyers of BPO services view of technology currently being delivered as part of their BPO engagements and how they anticipate this changing in the future; and 2) To examine suppliers and advisors opinion of their clients current and future use of technology within BPO engagements. Respondents were: 335 people from buy-side organizations, 115 representing outsourcing advisors and consultants and 45 representing suppliers / consultants of Procurement Technology Solutions.
Developing Negotiation as a Corporate Capability
In business, we are negotiating every day. Whether negotiating over contracts and sales, negotiating internally over resources, or getting buy-in for a new project, it is hard to find a business initiative - or a day - that does not involve some sort of negotiation.
The Procurement Technology Lifecycle: Part I - Procurement Technology Landscape
Since procurement has started to have a greater impact on corporate strategy, the demand for enterprise procurement technology has reached new heights. While many organizations have automated portions of their supply chain and accounts payable, purchasing processes typically are still undermanaged. Some recent research indicates that nearly 60 percent of organizations are seeking additional support to manage both their direct and indirect spend—the solution is more often related to optimization of procurement through the use of modern technology. Procurement and financial decision makers are often tasked with justifying these relatively large technology investments. To assist these decision makers, Denali Group is publishing a three-part whitepaper series titled: The Procurement
Reconciling sourcing performance and P&L: necessary, possible and profitable
Many CFOs share the same issue: 4 out 5 are facing difficulties reconciling the savings generated by initiatives on external spend and the financial impact on the P&L. Why? It just appears too complex and too resource-consuming to invest in. Yet, the supposed complexity shouldn’t serve as an impediment, knowing that external spend accounts for 30 to 80% of the total cost-base… and as much of the cost optimization opportunity.