Strategic Sourcing in 2013
What is strategic sourcing? Throughout our "Summer of Sourcing," we've looked at various aspects of the sourcing process, what sourcing leaders do to be more effective than their peers, and…
Procurement Transformation: Buzzword…or a Viable Strategy?
Today, we’ll discuss a concept that some Chief Procurement Officers (CPOs) have made a top priority over recent years: procurement transformation. Within the greater procurement and sourcing industry, new and…
Batteries Not Included
Batteries Not Included. If you were born before 1980, you know this phrase and it is likely to evoke memories of opening a toy gift during the holidays and having…
One Size Does Not Fit All
Before process automation, process standardization was one of the primary drivers of efficiencies. For example, Henry Ford's invention of the car made him a rich man, but it was his…
Swifter, Higher, Stronger in 2012
The London 2012 Olympics are still going full throttle through this Sunday and I've been doing my best to watch as much as I can. This year, approximately 10,500 athletes…
Key Fraud Risks across Procurement Phases (Courtesy of the UN)
In doing research on how different organizations attack procurement fraud, I became very impressed by the level of detail included in the United Nations' policies. In particular, I think the…
Examples of Procurement Fraud
Publisher's Note: Procurement fraud is a complex topic and one we take very seriously. For more information on procurement fraud, make sure to review the "Related Articles" at the bottom…
What is Fraud?
As I was reviewing our coverage of Procurement Fraud, and looking at how to best summarize it (something I will do at the end of the series), I realized that…
How eSourcing Can Help Limit Procurement Fraud
Long time readers of this site know that I am a strong advocate for eSourcing. I am an advocate based upon extensive first-hand experience developing, using, researching, and evaluating eSourcing…
Fifteen Top Tips to Limit Procurement Fraud – Payments Edition
Our procurement fraud series began with the premise that procurement fraud is an issue for public AND private enterprises although we read more about it in the public sector. As…