Procure to Pay

Oct 8, 2018

Procurement AI: From Promise To Realization

I had the pleasure of being on a great webinar with Jon Hansen, Jack Shaw, and Sally Hughes last week, hosted by Zycus and EBG Network. The session focused on Procurement AI, and it was great to listen to Sally, […]

May 17, 2018  |  Articles

Master Data System Enables Quick Wins Through Component Standardization

Having a robust master part and master supplier list can yield many low hanging fruit for organizations in the early stages of their procurement transformation.  Many of these opportunities can be driven by looking at redundant part numbers, contracts that […]

Apr 10, 2018  |  Articles

Strategic Roles in Procurement Haven’t Changed Much

A recent post on Public Spend Forum asked the following question: What are the key 4-6 roles (e.g. Buyer, Commodity Manager, etc …) common to all public procurement organizations that help you align the “right skills” with the “right roles”, to achieve […]

Feb 27, 2018  |  Director's Blog

Predictive analytics in procurement means using whatever data is available

Predictive analytics is still relatively new in procurement, but it’s increasingly important, particularly in organizations that have already been through the cycle of spend analytics, supplier leveraging, segmentation, and consolidation. Prediction requires a deep understanding of the technical and commercial […]

Jan 26, 2018  |  Director's Blog

Emerging technologies impacting contract management in the Financial sector

A meeting of financial supply management executives, faculty, and IACCM thought leaders took place on January 26, 2018 in New York.  A number of different topics were discussed during this session, and the agenda was kept fairly open in discussing […]

Dec 22, 2017  |  Articles

Supply Chain Predictions for 2018: Real-Time, Innovation, Cognitive, Blockchain, Industry-Academic Partnerships, and Taking a Stand!

I had an opportunity to work on a number of exciting projects this past year, and in the process, spent a lot of time talking about digital supply chains with a lot of really informed people.  Here are a few […]

Dec 17, 2017  |  Director's Blog

SCRC Innovation and Social Responsibility Supply Index: A Critical Input to “Drucker Management Top 250 List”

Research by NC State Poole College Professor Robert Handfield, director of the Supply Chain Resource Cooperative based Poole College, and Yung-Yun Huang, a recent graduate of North Carolina State University’s interdisciplinary doctoral program in operations research, supplied two of the […]

Jun 27, 2017  |  Director's Blog

Assessing the True Return of Procurement Transformation on Total Shareholder Return: A Tough Proposition

In my earlier book with Gerard Chick on “The Procurement Value Proposition“, we advance the notion that buildoing a business case for investing in people, process, and technology improvement in procurement is key.  Many procurement assessments developed by consultants seek […]

Mar 10, 2017  |  Articles

Can Blockchain become the solution for anti-counterfeiting and chain of custody?

Recent articles in the New York Times and in the International Business Times highlight the emerging role of blockchain as a key enabler of improved integration between parties in the extended global supply chain.  For instance, IBM and WalMart are […]

Jan 11, 2017  |  Director's Blog

New YouTube on Procurement Analytics from IBM Empower Conference

I was interviewed at the IBM Emptoris conference back in November on some of the emerging trends in terms of the value added that procurement can add through analytics, the importance of data governance as the foundation for analytics, sources […]