The Determine
Blog
A Corcentric Company.

May 23, 2019

Turn supplier diversity into business advantages through visibility

Turn supplier diversity into business advantages through visibility

Meeting supplier diversity objectives can help reach larger corporate objectives, too!

Supplier diversity was initially promoted as corporate stewardship for the disenfranchised. Today, it’s considered a competitive advantage. Changing work demographics and emerging markets compel businesses to invest in supplier diversity programs. Yet, most organizations are unable to measure and report on their efforts.

Continue Reading

May 14, 2019

Achieving Duality in Supplier Management: Technology + Talent

Achieving Duality in Supplier Management: Technology + Talent

A conversation with Anéliya Riminchan, Product Director of Sourcing for Determine, a Corcentric company

Supplier management encompasses the entire end-to-end procurement process. Getting the most out of our external supply partnerships requires consistent investment in supplier qualification and onboarding, supplier information management, supplier relationship management, and supplier risk and performance management.

Continue Reading

May 7, 2019

Getting more from your suppliers starts with you

Getting more from your suppliers starts with you

How supplier management is impacting organizations more than ever.

Organizations are starting to adopt a new attitude when it comes to their suppliers – treat them like customers. This seems basic, but the truth is, supplier management is evolving fast; it is critical not only to catch up but to get ahead of the curve.

Continue Reading

April 30, 2019

April DetermiNews: A Review of the Month in Source-to-Pay and Contract Management

April DetermiNews: A Review of the Month in Source-to-Pay and Contract Management

We don’t know about you, but when we think of April – we think Spring. The birds chirping, flowers blooming, green grass, incessant rain (yuck), and summer in our sights! Spring is a time for growth and for change; a beautiful transformation, if you will. This month’s resources stayed true to theme – focusing on the transformation and future of procurement, source-to-pay insights, and even our own evolution as Determine began its new chapter as a Corcentric company. DetermiNews gives you a jump start on spring cleaning your business processes for the sunny days ahead.

Continue Reading

April 23, 2019

Can the Whole Foods and Amazon Grocery chains exist under the same corporate umbrella?

Can the Whole Foods and Amazon Grocery chains exist under the same corporate umbrella?

Managing procurement for three vastly different retail models.

Amazon recently announced that they will open a “traditional” grocery chain. This is in addition to their 2017 acquisition of Whole Foods and their experimentation with Amazon Go, a fully automated (i.e. cashier-less) convenience store-style market. All three will meet a similar kind of consumer need, just in a different way. This will likely result in the creation of three completely different cost models and profitability rates – not to mention three very different procurement and supply chain operations.

Continue Reading

April 18, 2019

Next Generation Buyers: Be Predictive and Proactive!

Next Generation Buyers: Be Predictive and Proactive!

Agile & Strategic Wins the Race

In the not too distant future, quick and dirty financial gains will no longer be the only value-creation lever considered to evaluate buyers and their performance. So long Savings…the new challenge facing buyers will be the multiplication and diversity of the objectives and KPIs to which they will be held accountable.

Continue Reading

April 16, 2019

A New Chapter: Determine, a Corcentric company

A New Chapter: Determine, a Corcentric company

Introducing… Determine, a Corcentric company.

Last week, Determine (yes, that’s us!) was officially acquired by Corcentric. Founded in 1998 and based out of Cherry Hill, New Jersey, Corcentric is a leader in procurement and finance solutions that strives to provide a competitive advantage to organizations, enabling them to reduce the cost of growth and, in turn, empowering them to do more for their customers, employees, and the world. Oh – and they have quite the track record, too. Continue Reading

April 9, 2019

Source-to-Pay Platforms: Avoiding the Pitfalls of Point Solutions and Frankensteins

Source-to-Pay Platforms: Avoiding the Pitfalls of Point Solutions and Frankensteins

Determine OutLoud: A conversation with Sophie Pope, Director of Customer Success at Determine

In a recent webinar, Sophie Pope and Ollie Young, a Senior Solutions Engineer at Determine, addressed The 5 Ways a S2P Platform Helps Create More Value for Your Organization. They discussed the differences between source-to-pay point solutions, platforms, and what they called ‘Frankenstein’ platforms. Yikes!

Continue Reading

April 2, 2019

How much can procurement change on their own?

How much can procurement change on their own?

Three ways collaboration creates procurement transformation.

Procurement has been trying to make changes to our processes, priorities and brand identity for years. Our suppliers want us to be more open to contact and out-of-the-box ideas. Our internal stakeholders want us to move faster and to let their input play a larger role in supplier selection than RFP performance. Distributed buyers want speed, convenience and autonomy. Finance wants more savings that they can trail all the way to the bottom line, and marketing and HR mostly just want us to go away.

Continue Reading

--> Top