Procure to Pay

Feb 27, 2018

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.… 

Jan 26, 2018

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… 

Dec 22, 2017

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… 

Dec 17, 2017

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… 

Jun 27, 2017

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… 

Mar 10, 2017

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… 

Jan 11, 2017

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… 

Jan 8, 2017

NC State ranked as a top 25 global supply chain programs at SCM World… and here's why!

Great news this week for NC State as SCM World announced its top 25 supply chain management programs globally.  The NC State Supply Chain program was listed as one of the top 25… 

Nov 5, 2016

Data is the Real Gold At the End of the Rainbow for Contract and Spend Management Systems

Contract management analytics are critical for tracking transactional compliance with contract pricing, terms and conditions, but also as a vehicle for workflow management around negotiation of contract renewals, and aggregation of… 

Oct 5, 2016

Contingent Workforce is a Major Focus for Procurement

The number of workers who are “contingent is growing rapidly.  Brian Hoffmeyer from IQ Navigator, a procure to pay solution, spoke today at IBM’s Empower event on this trend, and…