We recently held a webinar in which our Chief Strategy Officer, Steve Griffiths, and Institute for Supply Management's (ISM) Managing Director of Global Operations, Lane Burkitt, discussed the impact technology is having on maverick spend. One of the points they touched on during their discussion was why maverick spend can be such a problem for procurement organizations – and in what instances it’s not a problem. Want to know more? Watch this clip or read...
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In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...
Is your organization ready to take on indirect spend? This quiz goes through some of the key procurement strategies and technology capabilities that you need to successfully tackle indirect spend. To get your grade – just answer the questions below, tally them up, and discover if your organization has what it takes. If you didn’t answer yes to everything, check out our educational whitepaper to learn more about integrating AI technology into your...