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June 20, 2017

Has Services-Procurement Technology Prepared Us to Manage Procurement Services?

Has Services-Procurement Technology Prepared Us to Manage Procurement Services?

On our blog and in the OutLoud podcast we’ve been talking quite a lot about the unique requirements of services procurement. In a podcast interview, Determine Chief Product Officer Julien Nadaud addressed the fact that in terms of specifications/requirements and the qualification process, buying services is fundamentally different from buying materials. Kelly Barner wrote a multi-part blog series about how services procurement cannot be considered “one thing” since it encompasses a broad range of talent areas, cost and delivery models, and operational effects on the business. At this point, I think we can agree that services procurement is a case unto itself: but what about procurement services — services that procurement purchases for their own use?

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June 14, 2017

All in the family—realizing the benefits of a holistic approach.

All in the family—realizing the benefits of a holistic approach.

Services procurement is not a silo, but part of the bigger picture for managing wider enterprise spend complexities

The trend of “best of breed” sourcing, contract management and p2p solutions converging to suites, as well as the overall predicted growth of the services economy suggests it only makes sense that services procurement automation will be able to achieve new levels of savings and process efficiency by adopting a wider “source-to-pay” platform approach.

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May 18, 2017

Empowering procurement through Platformance: Part 4 of 4

Empowering procurement through Platformance: Part 4 of 4

A look at CPO Rising 2017: Tools of the Trade

Chapters One, Two and Three of CPO Rising 2017: Tools of the Trade cover a lot of ground, from the current state of procurement to the CPO mindset and what best-in-class organizations are doing differently. Chapter Four – Strategies for Success, the final chapter of the report, gives you hard and fast advice and strategies for taking your procurement organization to the next level, and beyond. Take notes.

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May 16, 2017

Empowering procurement through Platformance: Part 3 of 4

Empowering procurement through Platformance: Part 3 of 4

A look at CPO Rising 2017: Tools of the Trade

In Chapters One and Two of CPO Rising 2017: Tools of the Trade, we look at the current states of the CPO and procurement as a whole — what leaders are thinking and doing, and why. Chapter Three – Procurement Performance – delves into those strategies in more detail, offering up best-practice benchmarks for technology, processes and performance from leading CPOs and organizations worldwide.

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May 10, 2017

Empowering procurement through Platformance: Part 2 of 4

Empowering procurement through Platformance: Part 2 of 4

A look at CPO Rising 2017: Tools of the Trade

In Chapter One of CPO Rising 2017: Tools of the Trade, we looked at the current state of the CPO and procurement leaders, the shifting priorities they have and the strategies they’re using – or plan to use – to achieve them. This time, Chapter Two looks more broadly at the state of procurement as a whole – where it is, where it needs to be and what is standing in the way.

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