Optimizing your maintenance, repair, and operations (MRO) spend has the potential to significantly improve your business performance and agility. Discover the right tactics and technology to help you surface savings opportunities and actionable insights from your MRO to improve procurement processes and create strategic value for your business. Read this guide and learn: 5 essential components to include when building a program to effectively manage MRO spend How to overcome the challenges that stand in...
Why traditional rules-driven spend analytics is no longer enough With data growing daily, it’s important to be able to interpret and visualize it to get any value. Most organizations, however, struggle with data quality and relevance. That’s why having good analytics support for procurement and sourcing is a foundational capability for modern procurement organizations today. Read this whitepaper, written by Spend Matters, to find out how you can gain a competitive advantage by utilizing a...
As a procurement leader, you want to gain a deeper understanding of and visibility into enterprise spend. This starts with having operable data to set the foundation for your procurement optimization efforts. Leverage digital technology to achieve spend visibility and uncover intelligent insights that allow you to tap into savings opportunities of up to 20%, place up to 89% of spend under management, and ultimately evolve your indirect procurement function into a strategic source of...
A playbook for finding savings and expanding value Despite the fact that it can make up as much as 15% of the annual revenue for most businesses, indirect spend is often viewed as merely a back-office function. What’s more, ignoring indirect spend could lead to missing out on its hidden savings potential. In this guide, procurement leaders will discover how to optimize indirect spend in order to impact their organization’s bottom line. What you’ll learn:...
Due to its complex and fragmented nature, indirect procurement can be difficult to manage. When you factor in the automotive industry’s specific set of demands, it becomes even more convoluted. This can be frustrating, but you don’t have to accept the status quo! Read this whitepaper to find out what the biggest indirect procurement problems in automotive are and how they can be solved with advanced tech. What you’ll learn: Reasons why indirect procurement in...
It’s not enough to use any old procurement data you might have to make business decisions. Even worse is to not utilize your source-to-settle analytics at all. You need to start with the right data. We understand that this can be challenging but that’s where advanced, AI-based technology can help. Find out how you can improve your procurement data to make a positive impact on your organization. What you’ll learn: Why procurement data is important...
Taking on the complexity of indirect spend is no easy task. Discover what the biggest challenges are, ways to confront them, and how to tackle the next phase of indirect spend. What you’ll learn: How to optimize indirect spend The benefits of cutting costs and discovering savings opportunities Why it drives value to apply new AI technology & modern thinking to indirect spend
Instead of having a procurement team with 15 different commodity managers who all follow different processes yielding differing results, what if you could create a procurement team full of your absolute best buyer? Read more to find out how using procurement software to clone your best buyer can help you standardize the source-to-pay process and improve performance. What you’ll learn: The challenges organizations face in delivering cost savings, impacting the bottom line, and managing talent...