Businesses today need to address the rising importance of innovation through experience. This applies not just to products, but to innovation in supply chains and business models, which are much harder to copy and to influence change.
Today, we’re very excited to unveil not just a new brand identity and a name, but a brand-new company. Determine, Inc.™ is the result of years of work and planning by many people sharing a singular view about how to best position ourselves and shape the company for the future. Now we’re ready for it, and I couldn’t be more proud.
Contracts are the instruments through which business relationships and commitments are defined and managed. Every year they grow more complex. In order to keep up, you need a CLM strategy to achieve visibility and control across all contracting processes.
The Finance team manages the finances of the enterprise. Marketing people market services and solutions to the purchaser (or customer). Human resources manages… well humans. And eProcurement?
It’s time to face the music; your outdated processes and technology are killing your business.
Successful businesses of the future must adopt and embrace change. For years now, as an analyst or consultant and a managing operator, I have been a catalyst for change within organizations. Today, cloud computing and certainly mobile and big data are changing the future of business. But more than that, the digital revolution has led to a wave of connected technologies and a culture of collaboration that is changing customer and employee expectations. Businesses need to evolve – holding onto old ways of doing things is simply dangerous.
Sourcing technology over the years has come a long way. While its beginnings initially focused primarily on auctions and RFx, today strategic esourcing efforts can provide a much more comprehensive and integrated view of the supply base.
What can be attributed to this development over the past decade is the change in the endgame for procurement, and how procurement views its role in the proverbial organization.