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Channel: Procurement Metrics – Spend Matters
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Analytics8 SpendView: Solution Review & Analysis

Categories: Analytics, Solution Providers, Spend Analysis, Technology, Vendor SnapshotsTags: PlusThere’s a new spend analytics vendor in town: Analytics8. The Sydney-based provider recently introduced...

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Using DMAIC 2.0 to Blow Up the N-step Procurement Process

Categories: Procurement Commentary, Procurement Strategy & PlanningTags: PlusAn n-step chevron process is a siloed procurement-centered sourcing methodology geared towards supplier rationalization....

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Top 10 Ways to Radically Expand Category Management Value Creation

Categories: Best Practice, Category Management, SourcingTags: PlusIn the never-ending quest to deliver more value, procurement organizations are trying to squeeze more savings and innovation out of...

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A 21-Question Health Check to Score Your Procurement Scorecard (Part 1)

Categories: Procurement Research, Procurement Strategy & PlanningTags: PlusAs the old business adage goes, “what gets measured gets done.” This is certainly true in procurement. If you want to do...

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A 21-Question Health Check to Score Your Procurement Scorecard (Part 2)

Categories: Procurement Strategy & PlanningTags: PlusAs the old business adage goes, “what gets measured gets done.” This is certainly true in procurement. If you want to do the right things for...

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A 21-Question Health Check to Score Your Procurement Scorecard (Part 3)

Categories: Procurement Commentary, Procurement Strategy & PlanningTags: PlusAs the old business adage goes, “what gets measured gets done.” This is certainly true in procurement. If you want to do...

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How to Justify Spend Analysis to Finance/IT When There’s No Clear ROI (Part 1)

Categories: Best Practice, Finance, Procurement, Procurement Financials, Procurement Strategy & Planning, Procurement Systems & ArchitectureTags: PlusAnalytics are all the rage. And spend...

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Procurement Metrics: Understanding the Economic Language of Value (Part 1) —...

Categories: Cost Management, Procurement Financials, Procurement Strategy & Planning, Savings TrackingTags: PlusOne of the challenges that procurement faces is "speaking the same language" as...

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Procurement Metrics: Understanding the Economic Language of Value (Part 2) —...

Categories: Cost Management, Procurement Financials, Procurement Strategy & Planning, Savings TrackingTags: PlusIn the first installment of this series, we discussed the term “spend” (the noun, not...

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Navigating The Path From Tactical Procurement Analytics to Strategic Supply...

Categories: Spend Analysis, Spend ManagementTags: PlusSpend visibility is foundational to any procurement transformation because to better manage supply, you have to manage spend. Spend is what you pay...

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Why Purchase Price Variance (PPV) Should Be Banished From Procurement...

Categories: Procurement Research, Procurement Strategy & Planning, Total Cost ManagementTags: PlusOne of the biggest challenges to overall program impact and improvement in all but the most...

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Foundational Procurement KPIs Every CPO, Supply Manager and Buyer Needs To Know

Categories: Analysis, Best Practice, Procurement Strategy & PlanningTags: PlusThis research brief is intended as an aspirational piece for more transactional-focused procurement team members who...

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Are Your Procurement KPIs Balanced or Obsolete?

Categories: Analysis, Contract Management, Procurement Strategy & PlanningTags: PlusAs our Spend Matters Plus analysis of procurement key performance indicators (KPIs) continues, we will turn our...

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An Introduction to Sourcing Business Intelligence (Part 2): The Leap from...

Categories: Innovation, Market Intelligence, Procurement Strategy & Planning, Strategic Sourcing, Supply Chain, Supply Chain Management, TechnologyTags: PROIn Part 1 of this Spend Matters PRO...

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Procurement KPIs Series (Part 4) — Deep Diving into ‘Spend Under Management’

Categories: Procurement Strategy & Planning, Spend Management, Supplier Management, TechnologyTags: PROOne of the goals of a business is to have as much spend (with a capital “S” for all...

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