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Transformation  // Posts tagged as "Transformation"

How to Transform Procurement in Five Steps – an Introduction

As a researcher, one of the challenges to studying a phenomenon (also known as a dependent variable) is to forego assigning causation to a single independent variable without considering other potential variables and how they may be contributing to the event. After all, events do not happen in a vacuum, and independent variables are not...

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Driving Procurement Transformation Upstream with Procure-to-Pay

Today’s article is centered on our recent Sailing Downstream: Why “Source-to-Settle” Defines Procurement Transformation in 2015 report, sponsored by Zycus, and available for download here (registration required). This report argues that it is preferential for Chief Procurement Officers (CPOs) and procurement teams to begin a procurement transformation project “upstream” with strategic sourcing processes and then “sail downstream” towards...

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Research Preview: Five Transformative Strategies to Unlock More Procurement Value – Part II

Today’s article is the second of two articles from a report that we recently published, entitled, Five Transformative Strategies to Unlock More Procurement Value, sponsored by BravoSolution and available for free download by clicking here. The current generation of procurement professionals has witnessed first-hand a period of unrivaled advances for their profession as market forces and new technologies combined to pull procurement...

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Procurement Influencer Series: Rick Hughes of GEP – Part I

In the procurement and supply management world, Rick Hughes is a seasoned veteran with more than thirty years of service and accomplishments under his belt working with some of the world’s most recognizable brands. He has seen the rise of globalization, the push to outsource, and the need to innovate and collaborate inside and outside of...

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IBM Empower 2015: Back to the Future

In 2006, I attended my first Emptoris Empower conference as an industry analyst. The company, of course, has changed significantly since then, most notably via two acquisitions (IBM acquired the company in early 2012). Over the next nine years, I attended seven or eight of the conferences including the last few years when it was...

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ISM at 100: A Conversation with Tom Derry

Last week, I had the pleasure to meet with Tom Derry, CEO of the Institute for Supply Management (ISM), at its 100 thannual conference in Phoenix, Arizona (Matt York, our editor, sat in and helped capture the highlights and write this article). Being a milestone year for ISM, the mood was relaxed and upbeat on the morning that I...

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Sailing Downstream: Why “Source-to-Settle” Defines Procurement Transformation in 2015

Today’s article is centered on our recent Sailing Downstream: Why “Source-to-Settle” Defines Procurement Transformation in 2015 report, sponsored by Zycus, and available for download here (registration required). The fact of the matter is that most procurement organizations struggle to do things very well or even consistently well. Certainly there are groups (usually those classified by Ardent Partners as...

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CPO Rising 2015: The Agility Agenda – “Nine out of 10 CPOs Agree…”

Ardent Partners recently published my annual CPO-themed report – CPO Rising 2015: The Agility Agenda (click to download, registration required) – that is drawn from the responses of more than 300 Chief Procurement Officers and other procurement executives (as well as 26 CPO interviews) and presents a comprehensive, industry-wide view into what is happening in the world...

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What will the Internet of Things Mean for Procurement? In a Word: Collaboration

In the first installment in this series, CPO Rising highlighted how the Internet of Things (IoT) will impact procurement operations and improve the way its people, processes, and technologies operate and drive value throughout the enterprise. As a refresher, IoT has come to mean the interconnection of everyday items that can sense, store, and transmit data...

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Procurement Influencer Series: Gregory Mark of Hubwoo

As CEO of Hubwoo, Gregory Mark has witnessed the evolution of procurement technologies from the dot com bubble and burst to e-invoicing and e-procurement to spend analytics and the cloud. Mark began his career in the industry fifteen years ago at Commerce One, where as Vice President, he ran CommerceOne.net, as well as the Marketplace Management Group,...

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