Global crises and uncertainty demand new priorities to prepare for the future
After two tough years of trying to keep the wheels rolling for their organisations, procurement departments are emerging into the light with the potential to make strategic decisions rather than simply survive.
A Supply Management Insider straw poll, taken as part of a recent Celonis sponsored webinar, showed that 74% of participants’ organisations are undergoing a transformation this year. Yet this still may not be enough. It is still a very long journey for most organisations to achieve excellence in procurement. To find out more about how technology can help drive transformation in your oragnisation, read this upcoming article...
No one will be surprised to learn the pandemic has hit business travel, but what have procurement teams been doing during this enforced down time? Our recent virtual roundtable, in partnership with TripActions, discussed how travel policies are being reimagined with a much more sustainable approach
The ramifications of new rules being brought in by thePrudential Regulation Authority (PRA), and how they affect the world of procurement, were discussed during an exclusive virtual roundtable event hosted by Supply Management Insider and ivalua
Australian procurement and supply management teams need to be vigilant of a number of risks which could threaten the reputation of organisations and endanger supply, says Avetta’s Anthony Webster-Smith
The Covid-19 crisis has put procurement in the spotlight like never before. Purchasing departments are expected to ensure their supply chains are resilient and responsive. To do this they require transparency in order to make rapid decisions based on real-time data.
Find out what simple steps you can take - fast - to help your business pull through and prosper at this precarious time…
The world of expense management is changing thanks to fully digitised solutions that can save time, cost and alleviate much of the personal stress associated with this universal and necessary process. Read this Supply Management Insider article, produced in partnership with Traveldoo, to find out more.
For many companies, travel booking and expenses are treated as different processes and are managed by different teams. But when you consider that for most companies the majority of expenses that are processed through the expense management system are travel related, having separate processes may result in inefficiency, a lack of visibility across the business and incomplete data about the true cost of business travel.
Here are some of the key take-aways from a recent Supply Management Insider webinar, produced in partnership with unified travel and expense with Neo from American Express Global Business Travel, that discussed the benefits of a truly unified travel and expense solution.
More than 9000 procurement, supply chain and logistics professionals across a range of industries, job titles and organisations were asked for their views on diversity and inclusion. And their answers make for fascinating reading...
The start of a new series: The Seven Pillars of Procurement Wisdom.
Large global organisations seeking to master the complexities of procurement – and realise the hard-won savings specified in contracts – should start by thinking afresh about their culture and technology…
In 2018, many companies are still relying on telephone calls, faxes, complex spreadsheets and general fire-fighting techniques to manage their purchase to pay process, which is a huge drain on resources.
Research by Manchester Business School and RS Components into maintenance, repair and operations procurement found that data, and the insight it yields, can keep conversations with stakeholders objective and resolve potential conflict.