• What's Wrong with E-Procurement?

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    What's Wrong with E-Procurement?

    As Amy Fong of The Hackett Group sees it, the best way for procurement leaders to improve spend compliance is a good, easy requisitioner experience. Her philosophy is “to make it easy for people to do the right thing and hard to do the wrong thing.

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  • Nine Ways to Know When Procurement has Outgrown Excel

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  • How to Be the Steve Jobs of Procurement

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Latest Articles

Guidance for Addressing the New Talent Acquisition Challenge

Dennis Bouley

The US Labor Department reported in March of this year that there were 6.6 million job openings, a record high. Although most of us applaud these numbers Read More

Are Blockchain and Procurement a Good Match?

Dennis Bouley

Among the dizzying array of new technologies that are reshaping business today, blockchain is among the most mysterious and intriguing. The theory behind blockchain... Read More

How Digitization is Impacting the Evolving CFO / CPO Relationship

Dennis Bouley

The history of interaction between the Chief Procurement Officer (CPO) and the Chief Financial Officer (CFO) has, until now, been fairly predictable. The relationship can be Read More

Is Procurement’s Fear of Artificial Intelligence (AI) Justified?

Dennis Bouley

Advancements in software and artificial intelligence have expanded both the number of activities that can be automated and the degree to which automation of tasks is possible. According to a 2017 McKinsey study, Read More

Latest Videos

ISM 2013 SciQuest

What's happening on the show floor at the ISM conference? My Purchasing Center interviews Adam Stewart of exhibitor SciQuest on the company's source-to-settle solution and its new user interface. He calls it "simple and sleek".

ISM 2013 Fieldglass

Not able to attend the ISM conference this year? My Purchasing Center met with exhibitors like Jim Brozny of Fieldglass at the show where he demonstrated an application that helps automate the procurement process for non-employee workers.

Podcast

New Frontiers For Indirect Procurement

New Frontiers For Indirect Procurement

Randy Clark of Volvo Group Non-Automotive Purchasing describes how the role of procurement is changing, and provides a peek into his ProcureCon presentation.

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Managing Indirect Spending At Hewlett-Packard

Managing Indirect Spending At Hewlett-Packard

Jim Niemiec talks with My Purchasing Center about his role and responsibilities and plans for his team. He also shares a preview of his upcoming ProcureCon presentation.

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Supplier Risk: Factors To Consider

Supplier Risk: Factors To Consider

Jim Lawton of D&B Supply Management Solutions discusses supplier risk, the newly published Global Business Failure Report, and what it all means for purchasing.

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Procure-To-Pay: The Value of Collaboration

Procure-To-Pay: The Value of Collaboration

My Purchasing Center talks to Basware’s Al Fish about procurement, AP, suppliers and how to meet the CFO’s expectations.

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Latest Blog Posts

Five Ways to Drive Value through Cost Avoidance in Procurement

David S. Yin
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Procurement, like any other corporate function, is valued by its contribution to the company’s bottom line. In recent years, procurement has gained greater prominence as companies emphasize cost-cutting as a principal way of improving margins. However, the value that procurement brings is much more than just a function of balance sheet cost savings, which is often overlooked by CFOs and others Read More

Reimagine Procurement

Susan Avery
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According to new benchmarking research by The Hackett Group, world-class procurement organizations have lower operating costs and operate with smaller teams while generating more than twice the return on investment than typical companies. Still, they must find new ways to continue to add value. Read More

Predictive Analytics Can Provide Insight into Procurement Processes

Rick Bender
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Harnessing the power of big data is leading to greater opportunities for companies to predict market trends, spending, consumer behavior and supply chain needs. This type of data mining is known as predictive analytics, and it can change the way you make business decisions. Read More

Contract Management: Opportunity for Procurement to Mitigate Risk

Nikita Saharia Chaturvedi
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“Procurement is not only being asked to find new and creative ways to drive improvements to the corporate bottom line, but also to help manage the growing risk that can negatively impact the company,” says Lloyd Alexander, Vice President of Contract Strategy at Seal Software in a podcast interview at My Purchasing Center. Read More

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