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 [...]

[Read more →]

While the past 12 months represent the most trying economic climate since the Great Depression with hardships experienced seemingly around every turn, from a strategic sourcing perspective, the recession can best be summed up in one word - opportunity. With commodity prices plummeting almost across the board and suppliers desperate for business, the strategic [...]

[Read more →]

My creative colleagues came up with a new way to highlight the importance of spend visibility, particularly what it can do for a company … AND a career.

The messenger - Spendman - may be funny, but the message is for real.
Spend can and should only be addressed with good data. Without it, you’re either faced [...]

[Read more →]

Past Supply Excellence posts have (with much controversy) documented CPOs reporting that hard cost savings is the “only KPI that matters” to their CFO. In the past year, this refrain has only crescendoed as the economy has made cutting costs to maintain profitability (and survival) job #1.
Yet, a frenzied focus on cost cutting can prompt radical [...]

[Read more →]

Diebold CEO Tom Swidarski just wrapped up his “Spend Management: A CEO’s View” presentation. When Tom took over the reigns as Diebold (a company with $3.2B in revenue in 2008 and celebrating their 150th year), he set an ambitious goal of cutting $100 million from costs structures by the end of 2008. But rather than [...]

[Read more →]