Next-Generation Spend Analysis: Digging Deeper
If you read my article last week, I talked about how the next path to procurement performance improvement will be blazed with the next generation of spend analytics and data-driven…
Procurement Rising Podcast – Bill Cooper, University of California
Today, Episode 201 of the Procurement Rising Podcast. In this podcast series, I interview Chief Procurement Officers and Best-in-Class procurement leaders as well as technology and business experts working in procurement and…
Next-Gen Spend: Accelerating Procurement Performance with Spend Analytics
There may be no greater advantage for the modern enterprise than visibility. Today’s procurement organizations are often under pressure to not only drive down costs while improving category management, but…
The 2021 Procurement Benchmarks – Part 2
Ardent’s analysis in this report determined Best-in-Class procurement performance by identifying the top 20% of performers in the spend under management metric. As a group, they have placed, on average,…
Becoming a CPO: The One Constant is Change
It is an interesting time to be working in procurement; perhaps, more interesting than in any other era. This is true across all industries and regions of the world. Business…
The 2021 Procurement Benchmarks
The 2021 Procurement Benchmarks represent the performance and operational results of the average procurement department in the market today. The percentage of spend under management at the average enterprise sits…
Flashback Friday: How New or Improved Technologies Can Transform Procurement – P2P
[Editor’s Note: We continue our “Flashback” series with a look at how improved technologies can transform procurement] As Chief Procurement Officers (“CPOs”) and procurement practitioners move into the year ahead,…
Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard
Procurement in the Fast Lane: Key Metrics for the CPO’s Dashboard On the racetrack, professional drivers believe that if everything seems under control, you are not driving fast enough. The…
Procurement Performance in 2021
Peter Drucker said the difference between management and leadership is “doing things right” (i.e., management) and “doing the right things” (i.e., leadership). The procurement profession needs more and stronger leadership.…
Throwback Thursday: How New or Improved Technologies Can Transform Procurement – Supplier Management
[Editor’s Note: We continue our “Throwback” series with a look at how improved technologies can transform procurement] As Chief Procurement Officers (“CPOs”) and procurement practitioners move forward, they have the…