Just because Halloween is around the corner, kids shouldn’t get all the good stuff. So, we’re handing out the latest in supplier management best practices this month. From risk to spend management to process improvement, our goal is to continue helping you take your procurement organization even further through supplier optimization. If you like what you read, don’t hesitate to share this to your colleagues.
Digitization, data, disruption, agility. Procurement is emerging more and more as the driving force behind organizational profitability in enterprises worldwide. From implementing process improvements to re-engineering supplier management structures, procurement has become a center of change because it has learned to adapt, embrace and accelerate with every new development in technology. But there’s always room for improvement.
Labor Day’s just a few weeks past and already we’re at full tilt with summer a distant speck in the rearview mirror. Back-to-school may also be a thing of the past for most of us, but here at Determine the learning – and sharing – never stops. Risk is a big theme this month –what it is, where it is and how to control it.
One idea that has not changed, nor will ever change for procurement, is the importance of managing cost. In fact, procurement’s raison d’être, headed by the Chief Procurement Officer or other procurement executive, is and always will be focused on controlling cost; but it increasingly requires the adaptability to adjust to the world around it.
August Determinews: Time to catch up on your summer reading
If your summer reading list was more about John Grisham and Paula Hawkins than the latest in S2P and ECLM, now’s a good time to catch up. Along with being hard at work on innovating (including the release of our new 16.6 platform), we’ve been sharing lots of content. So if you missed some of our blogs, here’s a selection of our popular summer hits.