Purchasing Insight

Purchase to Pay, Purchasing & Procurement Process, Electronic Invoicing

I wonder if it’s just me that recalls that embarrassing teenage episode when one of your friends declares their new membership of the biker club. Proudly carrying their full face helmet, they don’t volunteer that they haven’t actually managed to save enough money for the bike yet. I cringe when think of it the same way I cringe when I hear CPOs claim their savings. continue reading…

Today, we’re delighted to welcome on board as a sponsor, one of the most interesting players in the e-invoicing space. Tradeshift have carved out a healthy niche for themselves over the last couple of years and they continue to disrupt the market with an innovative and dynamic approach. continue reading…

What is often criticised and mocked as management consultancy speak is in fact a succint vocabularly of specialist jargon. The specialists understand it – they need it. They need a language to describe the highly specialist things that they do. To outsiders it can seem deliberately confusing – a launguage designed to exclude all but the initiated. But it’s not deliberate – is it? continue reading…

In a piece on communication from a few months ago – you can read it here – I explained why I believe that management consultancy speak it is a substitute for plain speaking. And it’s not just management consultants – analyst are much the same. To quote directly from a quiet brilliant article by Dennis Howlett:

“If you’ve seen them you’ll know what I mean: pseudo-scientists, stat whores, one trick ponies, buzzword bingo compliant at every turn with a phraseology that reads like someone trying to get their head as far up the corporate rear end as is conceivably possible. It’s not pretty but you know what? Some vendors love it. It is not sustainable because sooner or later the really smart people knock them down and trust evaporates from those who play that silly game.” continue reading…

I love the Apple Store – they make it so easy to part with your cash and the pleasure is only accentuated when you contrast it to the level of customer service that the banks offer. continue reading…

Embracing innovation is crucial in the procurement world. Peter Smith’s recent series on procurement innovation has produced some fascinating debate, but it’s not only innovation in our procurement processes that are important, we need also to be mindful of new products and new way of doing things so that when we don’t become blinkered in our sourcing approach. Innovation is great – which is why our patent laws are so bad. continue reading…

Taulia have announced that their Dynamic Discount Optimizer solution has been chosen by John Deere to give the company’s worldwide suppliers the option to accelerate invoice payments. continue reading…