Delivering actual, tangible saving to the balance sheet as opposed to claiming theoretical benefits is what separates the men from the boys in purchasing.
In a world where sophisticated procurement software and supply chain technology has helped industry squeeze almost every drop of inefficiency out of its supply chain operations, where do you look for further savings when the going gets really tough? The Purchase to Pay cycle (P2P)…
Purchase to Pay solutions will help drag businesses out of recession The news that OB10 have reported growth despite the global recession should not come as a surprise. The economic downturn was a massive blow to many industries – far worse than they’d care to…
Times are tough. They’re tough for everyone – big business and small enterprise alike. And we all need to recognize that we all have a contribution to make to ensure we all weather the current economic storm with the minimum damage. So when we hear…
No TV executive will ever commission “America’s got Supply Chain” even if it is hosted by Simon Cowell. But why is procurement so rarely seen as truly strategic and a critical part of the business? Because it should be.
The regulation of supply chain tactics is long overdue and will, if acted upon early enough, will help to avoid the potential meltdown in the supply chain of consumer goods. Following a 3 year enquiry by the competition commission, the UK Government is set to…
Whether you call it P2P, Purchase to Pay, Req to check, or some other buzz wordy name, the business of optimising the procurement and settlement processes remains a hot topic. But the panacea that that can streamline the end to end procurement and financial supply…