In a thought provoking and incisive article by Tracy Bramlet, she describes in some detail the adverse effects on the financial supply chain following the disastrous explosion that sunk the Deepwater Horizon rig, killed 11 workers that initiated the current spill that is pumping 200,000 gallons of...
Lean Manufacturing is not new. In the grand scheme of things, it has been about for no more than a blink of an eye. If it were not for Toyota developing the concept originally Lean Manufacturing would have been invented through another route. The fundamental...
Although Purchase to Pay is a about process, it can only be implemented with enabling technology and the correct choice of technology can be complex. Some vendors specialize in a single section of the P2P process spectrum. Others have capability than spans the entire spectrum...
The selection of procurement software is no - absolutely not - a technical decision. The successful implementation of Purchase to Pay Processes in a global environment has many challenges. In a short series of items, Purchasing Insight discusses some of the pitfalls. In the second, we...
Getting the P2P message right through an effective business case can be difficult. Despite it being proved, CFOs remain cautious. Use competitors success to pursuade, recognize the challenges in turning change into cash and stress that P2P isn’t the destination – it’s the bus. The successful...