Procurement Best Practices

29 May Listen here – you shouldn’t start a P2P project without a blueprint

Posted at 12:08h in Blueprinting, Procurement Best Practices, Purchase to Pay, Purchase to Pay Process by Pete Loughlin

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P2P blueprinting is a no-brainer. It reduces cost, it eliminates risk and it avoids some of the problems that can be confronted when a project is in mid-flight....

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22 Apr NHS procurement needs fixing

Posted at 12:17h in Procurement Best Practices by Pete Loughlin

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There’s an interesting anecdote in health procurement that illustrates one of its challenges. It is said that the NHS buys 24,000 different types of rubber gloves. ...

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21 Apr We will soon be able to ditch the thinking holding supply chains back

Posted at 13:49h in Procurement Best Practices by Pete Loughlin

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From a business perspective I think we are still in shock. Anyone that says that they know what the business landscape will be like in 6 months’ time isn’t paying attention. The fact is that none of us have been here before, no-one knows the...

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18 Nov Purchase to Pay Best Practice

Posted at 08:09h in Cloud Computing, Procurement Best Practices, Purchase to Pay by Pete Loughlin

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Purchase to Pay best practice "out of the box" makes the implementation of P2P straightforward. But that doesn't mean it's easy and if a business intends to build their procurement processes from scratch, it could mean there is more work to do. If an organisation has...

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02 Nov Are your P2P approval processes over-engineered?

Posted at 05:29h in AP Automation, e-Procurement Software, Procurement Best Practices, Procurement Process, Purchase to Pay, Purchasing Process by Pete Loughlin

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You need to sharpen a pencil. It is not optional. The rules say you have to have a very sharp pencil. But why are you using a Swiss Army knife? Good software will allow you to do virtually anything but it’s amazing how often businesses...

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22 May P2P best practice out of a box

Posted at 12:34h in Procurement Best Practices, Procurement Process, Purchase to Pay by Pete Loughlin

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There’s a highly valuable anecdote that I can’t repeat. It’s all about how to successfully specify a purchase to pay solution. I say I can’t repeat it, I just can’t say who the main players are so for the sake of sharing the love, I’ll...

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09 Aug Are e-procurement solutions necessary anymore?

Posted at 10:20h in Blockchain, Procurement Best Practices, Procurement Process, Procurement Software, Purchase to Pay, Purchase to Pay Process, Purchasing Process by Pete Loughlin

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In the early days of e-procurement - the 1990s - the solutions that were emerging were transformational and to understand why, we need to recall what the procurement landscape was like then. For a start, people didn't have computers on their desks and if they did,...

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