We recently conducted our annual Spend Management Priorities and Challenges survey, where over 225 companies weighed in on their approaches to maximize savings and profits and mitigate risk in today’s struggling economy. The objective is to understand what companies are doing today to maximize savings and impact profits NOW and also what separates the [...]

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I recently wrote about Tata Motors collaborating with their suppliers to foster innovation and costs savings while creating their $2,500 Nano. Reactions to this model on the blog and in various LinkedIn Groups ranged from wonder and jealousy to disbelief that it would work in the US, where some readers accused processes and paradigms [...]

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Interest in enterprise contract management automation continues to grow and for good reason. Improved compliance of procurement contracts drives additional savings hitting the bottom line while faster, more efficient sales contract negotiation results in increased revenues and lower costs. In a recent report, independent analyst Forrester opined that contract lifecycle management (CLM) could [...]

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My visits with business executives and media mavens over the past few weeks involved heated discussions about the future role of the Chief Information Officer in this age of Software as a Service (SaaS). Public perception is that SaaS is in direct competition with the CIO, chipping away at the death grip this top IT [...]

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I recently laid out my thoughts how Web 3.0 will change sourcing and procurement by increasing the volume of information about buyers and suppliers. B the time that evolution occurs, the internet itself will be massive. Actually…what am I saying…it already is massive and that’s why everyone relies so heavily on Google to index everything.
But [...]

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