ROA – Inventory
Our original Return on Assets (“ROA”) article generally used a literal definition of assets (as opposed to an accounting one) - assets: things of value. Improving ROA is then asking,…
The CFO and the CPO: One World
Perhaps it is because I spent the first half of my career in finance as a consultant and banker and the second half of my career dedicated to procurement (or…
Case Study – Procurement Transformation in the Mid-market (Healthcare)
Since launching Ardent Partners this summer, I have been spending a good deal of time introducing the firm to the different solution providers in the supply management space. One of…
The Future of P2P – Networks
For those that have been following this series, you’ll recall that since we had recently completed an ePayables Primer, the focus of our "Future of P2P" series has been primarily…
Lillevik in the Field: Webster Bank’s First CPO
I recently caught up with CPO on the rise and “friend of the site,” Anders Lillevik to check on how his procurement transformation project, which began when he joined Webster…
Fraud Prevention (2) – CPO Strategies
Today, we follow up on our last article, which discussed procurement fraud and Apple's bad apple, Paul Shin Devine, who has been accused of taking more than $1 million in…
Luca Guzzabocca – Banking on Procurement (Part 2)
In our last article, we introduced you to "friend of the site," Luca Guzzabocca, the Director of Procurement, Logistics, HSE, Security Management (or “Chief Procurement Officer”) at Banca Monte Dei…
Luca Guzzabocca: Banking on Procurement (Part 1)
There are certain people who come to epitomize their community while also being active participants in it. Sometimes they become statesmen, like Warren Buffet, who’s played that role for the…
Enel: Making the Case for Spend Analysis (Part 2B)
We’ll hop right into today’s article which follows this article (link) chronologically as part of an extended series where we have gotten to know Mario Mosca (amico del sito) and…
Enel: Making the Case for Spend Analysis (Part 2A)
We continue today with Part 2A of our case study of how Enel, Europe’s second largest utility company with annual revenue exceeding 64 billion €, made its case for an…