The Hackett Group’s research shows that addressing the impact of digital transformation on business has become the most critical imperative for enterprises in every industry. What exactly is digital transformation? The Hackett Group defines enterprise digital transformation as: “the creation of business value by improving customer experiences, operational efficiency and agility by fundamentally changing the way … Continue reading Digital Transformation: The Bigger Picture
Software supply chain cyber attacks look set to be one of the biggest cyber threats facing organisations in the coming years. This week, the US intelligence community issued a new warning regarding future attacks… The US intelligence community has issued a new warning on cyber attack risks. The Foreign Economic Espionage Report, which was published … Continue reading Supply Chain Cyber Attacks On The Up
There’s no denying that negotiations can be tough. And the best thing you can do to lessen the tension and prevent a negotiation blow up is to be prepared… Palms are sweaty, knees weak, arms are heavy… No, it’s not the start of an Eminem song… (well, it is, but that’s not what we’re getting … Continue reading 6 Ways To Prevent A Negotiation Blow Up
If one in five procurement managers are psychopaths, how should you manage them? A recent study of senior managers found that one in five procurement managers are psychopaths. No, this doesn’t mean they are likely to wear clown makeup and brandish a chain-saw. But it does mean the organisations which employ them need to exercise … Continue reading Is Procurement Full Of Psychopaths?
We’re told Blockchain is a huge game changer, that it’s the biggest innovation since the internet. But we’re also told it’s overhyped, it’s no big deal and that it has some serious limitations. So…what’s the truth? “Depending on who you ask, blockchains are either the most important technological innovation since the internet or a solution looking … Continue reading Blockchain: The Technology, the Myth, the… Legend?
When spend analysis solutions have failed to solve the problem they were designed to fix, they leave their users wanting more. But there are always ways to salvage your investment…. At a high level, companies utilising spend analysis solutions are leveraging spend data for the purpose of gaining visibility into cost reduction, performance improvement, supply … Continue reading Delivery Failure Notification: Your Spend Analysis Tools Could Not Deliver On Their Promise Of Good Data
In the past five years luxury retail brand Burberry has burned more than £90m worth of stock. What’s the justification? British fashion giant Burberry hit the headlines this week as it was revealed, in its 2017/2018 annual report, that it has set fire to over £28 million worth of products. According to the BBC, this … Continue reading Burberry Under Fire Following Reveal of Mass Product Burn