Supply Excellence

Could someone tell me what “spend under management” really is?

March 16th, 2010 · 1 Comment · best practices, financial value chain, spend analysis

At the recent webinar, Assessing the CFO’s View of Procurement, an audience member asked a question that I’d like to share: What exactly is “spend under management?” Andrew Bartolini, VP and group director of Global Supply Management Research at The Aberdeen Group, answered the question as follows:
It’s an area that I’ve been focused on in [...]

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How does Finance view Procurement?

March 12th, 2010 · 1 Comment · best practices

Here are some nuggets that Andrew Bartolini, Aberdeen Group shared earlier this week on a webcast - ‘Assessing the CFO’s View of Procurement’ - on how you can start building bridges between Finance and Procurement. This is a key focus area for companies enjoying best in class performance - those that are noted for superior [...]

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AMR Answers Top-of-Mind Questions from Recent Webinar

March 9th, 2010 · 1 Comment · best practices, supplier management, supply management

In the recent webinar, Correcting Your Spend Vision with Visibility, Mickey North Rizza, research director with AMR Research, discussed implementing spend visibility tools to bring more spend under management, gaining competitive advantage through analytics.
During the webinar, we received three really great questions from our audience, and wanted to share Mickey’s responses covering maverick spend, data [...]

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The Future of Commercial Payments

March 2nd, 2010 · 1 Comment · On Demand/SaaS, best practices, financial value chain, spend analysis, supply risk

Cash is king, credit is scarce, and stubborn clouds of uncertainty refuse to dissipate. In this time, maintaining a strong balance sheet and an eye on cash flows is a prerequisite for business leaders seeking to master the twin near-term imperatives of viability and maneuverability.
Scrutiny on money flows outside the four walls of a company, [...]

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RFPs for Magicians and Exploding Pirate Ships?

February 26th, 2010 · No Comments · best practices, contract management, costing, sourcing, spend analysis, supplier management, supply management, supply market dynamics, supply risk

When I say “casino”, what’s the first thing that comes to mind?
Probably for most of you, it’s money. Actually more like MONEY. Money being spent, won and lost at breakneck speed. And although you’ve possibly had trips to Vegas where you were up against The House (and ask a gambler, and they’ll always tell you [...]

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