11 Jan Clouding Procurement Software
Why, in the 21stcentury, when we want to know how much we spend in a particular category, do we need to become experts in SAP or Oracle reporting or whatever procurement software we use?...
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10 Jan Buyer Beware – Regulation is on its way
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 take...
10 Jan Purchase to Pay – easier said than done
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 chain process remains elusive – and it remains, for many organisations, some way off.
10 Jan Purchase to Pay (P2P) means collaborating with suppliers
Suppliers have a hard time sometimes A colleague of mine once told me how, at a routine supplier performance review meeting, he managed to extract a $100,000 rebate from the supplier. Just as the supplier account manager arrived he told him there would be a slight...
09 Jan The 3 Ps in Purchase to Pay Process
// It depends on how effective you are at communicating and how effective your CEO is at listening but getting P2P firmly on the corporate agenda can be quite a challenge and keeping it there can be equally difficult. It’s not their fault. The true...
09 Jan P2P – Part of the Solution – not Part of the Problem
The disastrous economic climate means that most organisations are looking at their costs even more closely than normal and it is the so called "discretionary" spend that is coming into a very clear focus. When times are tough and the immediate future is uncertain, it's...