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How important is data cleansing in spend management?

Director’s Blog

Jan 13, 2011

Business-to-Business Commerce (B2B)

Business being conducted over the Internet between businesses. The implication is that this connectivity will cause businesses to transform themselves via supply chain management to become virtual organizations, reducing costs,…

Jan 7, 2011

Supply Chain Analytics: Part 2

On Day 2 of the SCRC meeting, Tom Holmes and Rob Ciamarra from BiogenIdec provided great insights into the effort, challenges and success factors associated with building a spend management…

Dec 2, 2010

Supply Chain Analytics: The New Frontier

Presentations by industry speakers and student teams at this year’s SCRC meeting on December 2 were once again outstanding.  The topic this year, supply chain analytics, provided a wealth of…

Nov 29, 2010

SEC Raids Offices of NY Hedge Funds: What is Considered "Legal Market Intelligence" in this Environment??

Last week the SEC raided many offices of small to medium hedge funds.  Research companies pay experts who provide information to their clients – typically information that is used to…

Nov 7, 2010

Are Companies Considering the Risks of BPO?

In our recent study of Business Process Outsourcing Trends, we identified a number of other interesting trends.  First, roughly 50% of companies surveyed have continued to maintain their current back…

Nov 5, 2010

Sustainable Supply Chains: Who's the Best (In Our Opinion)..

Students in my MBA610 Class, Sustainable Supply Chain Management, recently completed an evaluation of a set of 105 Fortune 500 companies.  The students assessed the companies using a maturity model…

Oct 1, 2010

New Research Paper on Spend Management

Over the summer, an NC State research team was assembled which performed a thorough analysis of spend analysis best practices (see the full version of the research paper). A number…

Sep 28, 2010

A Defined Process for Business Process Outsourcing: Will Core Competency Focus Take Jobs Offshore?

The administration in Washington is beginning to push around a bill that will punish companies who offshore US jobs overseas.  While the rationale is certainly appealing to the common man,…

Sep 20, 2010

BP Caps the Hole: Closure, or the Beginning of a New Era?

The announcement that BP finally capped the oil today brings about a number of questions related to on-going exploration in the gulf, the future of oil in the US, and…

Sep 4, 2010

How important is data cleansing in spend management?

I recently entered into an interesting debate with a software provider who was developing software for the healthcare industry.  (See the previous post and white paper on spend management in…