The Blog - Part 24

Inclusion – the key to successful purchase to pay

28 Aug 2014 Posted by Pete Loughlin in Purchase to Pay

One of the issues that procurement professionals complain about is respect. Or status. “Procurement isn’t taken seriously”. “They only involve us when things get difficult”. It’s a very common issue for procurement in many organizations. I’ve seen it at it’s most extreme in financial services…

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Doctors and Nurses

22 Aug 2014 Posted by Ian Burdon in Procurement Best Practices, Public Sector Procurement

For my sins, I have been looking at the NHS Procurement Atlas of Variation – Metadata, the opening two paragraphs of which read: The NHS Procurement Atlas of Variation has been developed to deliver greater transparency by comparing the prices paid by different trusts for…

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The revolutionary thinking that is helping the economy back on its feet

15 Aug 2014 Posted by Pete Loughlin in Financial Supply Chain Management, Supply Chain Finance

It’s not quite a revolution. No-one is fighting in the streets but the world is changing. For decades – indeed centuries, banks have wielded a power over business and the wider economy that was virtually unquestioned. The effect wasn’t always negative of course. It is…

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Silly season and the public sector purchasing cards scandal that is overdue

14 Aug 2014 Posted by Pete Loughlin in Purchasing Card

We’re in the middle of August and there are two unusual things about the summer in the UK. Firstly, we’re having one and secondly, we haven’t seen the scandalous use of purchasing cards in public sector exposed. I’ve been looking out for the story that…

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No PO No Pay – getting the balance right

28 Jul 2014 Posted by Pete Loughlin in Procurement Best Practices, Procurement Process, Purchase to Pay, Purchase to Pay Process

No PO No Pay is often thought of a means to “train” suppliers providing them with a somewhat negative incentive to comply with their customer’s purchase to pay processes. “No PO No Pay No Exceptions” – I’ve said it myself – but in practice not…

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The inordinate cost of poor spend analytics

18 Jul 2014 Posted by Pete Loughlin in Spend Analysis

It’s reckoned that more than 50% of businesses employ between 2 and 5 people to prepare and create procurement dashboards and spend reports. This was revealed just recently as an output to some research performed by Rosslyn Analytics but it will come as no surprise…

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