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The strategic sourcing group has faced myriad challenges over the last two decades, including a fluctuating economy and increased expectations to bolster the enterprise bottom-line. However, the last few years have brought about a new, complex challenge: continue to drive procurement performance while finding fresh cost savings within other areas of corporate spending.
 Read More |  Strategic Sourcing 2010 : The 2010 Guide to Driving Savings and Procurement Performance. (473 KB)
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Facing the worst economic crisis since The Great Depression, enterprises are in a constant battle to manage spend and control costs. Procurement is the chief architect of spend management and savings, and procurement has at its disposal an underutilized tool to meet savings expectations: contract management. Procurement contracts represent the culmination of spend analysis and sourcing efforts and are used to subsequently guide the purchasing process for the commodities and / or services covered by outlining negotiated prices, expected supplier service levels and agreed upon concessions and commitments on the side of the buyer. The effective management of the contract creation process in combination with the development of greater analytics and reporting capabilities around contract compliance delivers real value and returns for enterprises...
Read More | Procurement Contracts - Real Value, Real Returns (553 KB)
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The primary challenges faced by procurement and sourcing groups based in
the EMEA region - to identify and deliver cost reductions, to improve
supplier quality, and to increase enterprise-level visibility into spend, all
while mitigating risk and driving innovation will become increasingly difficult
in the second half of 2008. Strategic sourcing projects are now flying headfirst
into an inflationary storm that threatens to significantly disrupt plans
and crush budgets. The Strategic Sourcing in EMEA Benchmark Report is a
detailed guide for enterprises and sourcing professionals that are based in
the EMEA region to improve the quality, speed, volume, and overall savings
of their strategic sourcing programs...
Read More | Strategic Sourcing in EMEA (531 KB)
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The Chief Financial Officer (CFO) and the Chief Procurement Officer (CPO) share a common goal - improving the bottom line, but the approach that each take to achieve it, and as importantly, the language that each use differ greatly. While the average CFO is keenly aware of the strides the procurement department has taken in recent years to make itself more strategic to the enterprise, less than 20% view procurement's impact on overall competitiveness as very positive. The broad procurement transformation, that began a decade ago and has been chronicled by Aberdeen, still has a long way to go...
Read More | The CFO's View of Procurement-2007 (535 KB)
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While enterprises are clearly able to recognize and communicate the benefits of utilizing spend analysis technology, they have not yet bridged the gap to action. Sixty percent of organizations currently rely on manual tools to collect and analyze spend data, resulting in limited spend visibility and the inability to improve cost savings...
Read More | Spend Analysis benchmark study-2007 (486 KB)
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Spend Analysis is all about good data quality, Right? Most of us would say yes without blinking an eyelid, but
If we dig deeper and ask a few spend analysis practitioners, who have managed to get a hold on their spend
data quality, we might get surprised. There is more to spend analysis than just good quality data. A
successful spend analysis implementation should enable commodity managers to discover and realize savings.
Read More | Spend Analysis (268 KB)
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As corporate procurement organizations are charged with securing products and services of the best quality and the lowest possible cost, their enterprises are counting on them to be much more than just “order takers.” To accomplish that, procurement organizations must develop capabilities in spend intelligence. This takes spend analysis a step further, allowing the enterprise to take what it knows from the spend data it has gathered and use it to act on forward-thinking initiatives. In other words, spend intelligence provides actionable information...
Read More | Spend Intelligence benchmark report-2006 (535 KB)
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Spend data is a crucial determinant of the success or failure of Enterprise Spend Management efforts. A true realization of Enterprise Spend Management vision requires a sound foundation of Spend Data Management across the enterprise. Leveraging “Zycus Spend Data Management™” enterprises can now benefit from faster and greater ROI from their Enterprise Spend Management applications like Ariba Analysis, Ariba Buyer, SAP EBP and others. Case in point is a leading Fortune 100 ranking chemical giant that selected Zycus automated “Spend Data Management” software to integrate with its existing Ariba stack to deliver higher savings and foster increased user confidence in their applications.
Read More | Spend Management (213 KB)
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The concept of Spend Data Warehouse grabs center stage. Large organizations recognize the need to build a robust Spend Data Management infrastructure that allows powerful spend analysis, along with efficient tracking and monitoring of Purchasing KPI’s on an ongoing basis...
Read More | Spend Data Warehouse Whitepaper (330 KB)
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The case for supply management is straightforward: spending with external suppliers is the single greatest expense for most enterprises. Supplier relationships also directly impact an enterprise's product quality and overall responsiveness and competitiveness in the market...
Read More | Aberdeen White Paper (1217 KB)
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Read More | Secrets of Success White Paper (210 KB)
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