Understanding the benefits of Robotic Process Automation (RPA) can help sell adoption to the rest of the business. In our first instalment, we described the fundamentals of robotic process automation (RPA), how it is typically used, and some pricing trends. Here, we discuss some of the benefits of RPA, as well as what to think about … Continue reading The Benefits Procurement Can Realise from RPA Adoption
No matter the sources available, procurement professionals trust above all else peers when it comes to information and supplier intelligence. Earlier this year, I participated in research that explored current trends in supplier intelligence. More specifically, tealbook wanted to know what sources of information are the most trusted when finding new suppliers. Here is what they … Continue reading The Human Side of Procurement Decision Making
The procurement industry is evolving at a rapid rate. But it still has broad issues with indirect procurement and how to determine value for money. No matter where you are in the world, indirect spend is a notoriously difficult area for CPOs to control. Because of this, it presents huge potential for savings for companies. Direct Procurement refers … Continue reading The Truth? Businesses Still Struggle with Indirect Procurement
A number of major companies are developing self-driving taxis. But have they been pipped to the post by a Singaporean start-up? Over the past few years, a number of organisations have been in a race to develop, and launch, self-driving vehicles. Google and Ford have both entered the market for self-driving cars, while Uber has … Continue reading Taxi! Have Google & Uber Been Pipped to Self-Driving Cabs?
Many procurement professionals aren’t taking all available routes to mitigate risk in overseas transactions. Cloud-based solutions can change this. A high percentage of procurement professionals aren’t doing everything in their power to mitigate risk when trading with overseas countries, according to an Australian fintech startup. Trade with international countries can be fraught with issues, warns Hugh … Continue reading Procurement Goes Cloud-Based To Mitigate Risk
Chris Sawchuk states that procurement needs to make agility core to all of its activities in order to survive. At the Big Ideas Summit 2016, we challenged our thought leaders to share their Big Ideas for the future of procurement. From ideas that have the potential to change the very nature of the procurement profession, … Continue reading Big Ideas Summit 2016: Big Idea #11 – Making Agility Core
Being a customer of choice in procurement is important. Ensuring your supplier feels part of the team is also important. As procurement professionals we care about the quality, delivery, cost, innovation and sustainability performance of our suppliers. These are usually wrapped up in Key Performance Indicators (KPIs), a key tool within the procurement community. Now that … Continue reading How Does it Feel to Be a Supplier to You?