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The Monthly Metric: Savings Per Strategic Supply Management Employee September 20, 2021The Monthly Metric: Savings Per Strategic Supply Management Employee A metrics that indicates the function’s value, especially to executives and other internal stakeholders, is savings (cost -
Articles
How Statistics Tell a Lean Six Sigma Story October 04, 2021 -
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The Monthly Metric: Supply Management ROI November 15, 2021The Monthly Metric: Supply Management ROI While supply management has elevated its status as a strategic business partner during the coronavirus pandemic, conveying the function’s value to -
Articles
Improving Cash Management and Agility February 14, 2022Improving Cash Management and Agility Revenues have increased, inventories are growing and working capital performance has improved as U.S. companies continue to wrestle with coronavirus -
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Embracing Sustainability as a Value Proposition February 14, 2022Embracing Sustainability as a Value Proposition Say sustainability, and most people think environment, But sustainability includes being not only “green,” but socially and economically -
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Making the Switch to Total Value Contribution in Sourcing April 25, 2022Making the Switch to Total Value Contribution in Sourcing With fresh new budgets, many companies start drawing plans for the products and services they will procure for the upcoming year. How -
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The ‘Right’ Procurement Metrics May 16, 2022The ‘Right’ Procurement Metrics For procurement to deliver its full potential to the organization — and for that success to be accurately measured — an expanded set of metrics should be -
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Moving Beyond Spend in Supplier Diversity May 06, 2022Moving Beyond Spend in Supplier Diversity Increasing spend with diverse suppliers does not guarantee value creation or forward movement. A supplier inclusion strategy should include more than -
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The ‘Wide Open’ Spaces — and Possibilities — of Data and Analytics March 23, 2021The ‘Wide Open’ Spaces — and Possibilities — of Data and Analytics The value of data and analytics has long been evident for supply management organizations. Leveraging this information has become -
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How Procurement Organizations Can Protect Against Inflation April 27, 2021How Procurement Organizations Can Protect Against Inflation Commodity prices are increasing across categories and industries. There are inflationary signals across the economy, and the list of