Top stories published by Procurement Musings in 2012

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Top Stories published by Procurement Musings in 2012

2012

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Emma Kessler in Procurement Musings

Jan 9, 2012

Leveraging technology to drive business performance — Part 1

Procurement over the years has evolved from merely being transactional (being cost focused) to being strategic in its approach. Technology has played a major force in the transformation and rise of the procurement function…

Emma Kessler in Procurement Musings

Feb 13, 2012

3 steps to bridge the gap between procurement & finance

Every organization has its own way of defining savings with processes varying from organization to organization. The process typically involves pulling data from multiple systems and managing the same with excel sheets. The process is…

Emma Kessler in Procurement Musings

Jan 19, 2012

Leveraging technology to drive business performance — Part 3

In the second part of the 5 part series on ‘Leveraging technology to drive business performance’ we provided an overview on ‘Strategic decision making on future sourcing projects’. (Part 1, Part 2). Part 3 of the series will…

Emma Kessler in Procurement Musings

Feb 15, 2012

Simplification of Accounts payable (Part 1)

Accounts payable is amongst the largest disbursement related functions after payroll. This function is also characterized by processes which are transaction intensive in nature and are more often than not carried out in a manual manner, leading to…

Emma Kessler in Procurement Musings

Apr 23, 2012

Manufacturing and Direct Materials Sourcing: A Planning Guide for the Next Decade (Part 1)

The challenges and scale of the opportunity posed for working in procurement within manufacturing have grown dramatically in the past few years. But technology adoption hasn’t…

Emma Kessler in Procurement Musings

Feb 21, 2012

Software Implementation: Getting taxonomy spot on

Software delivery forms an important process post an organization’s decision to buy a solution. It is a process which involves close collaboration between the solution provider and the buying organization. Success of any software implementation…

Emma Kessler in Procurement Musings

Feb 29, 2012

Driving Collaboration with Contract Management — Part 1

The contracting process has always been a major point of discontent between procurement and legal functions within an organization. Part 1 of this 2 part series provides a brief overview into the reasons for the collaboration…

Emma Kessler in Procurement Musings

Apr 30, 2012

Manufacturing and Direct Materials Sourcing: A Planning Guide for the Next Decade (Part 3)

In part 2 of the 5 part series on Manufacturing & Direct Material Sourcing we saw how leading manufacturers are beginning to factor a total cost understanding into sourcing…

Emma Kessler in Procurement Musings

Apr 10, 2012

Leveraging technology to manage supplier risks

According to the latest Procurement Key Issues study by The Hackett Group, managing supplier risks is cited as the second most important concern for procurement in the next year. In addition, the report notes that the concept of supplier risk has…

Emma Kessler in Procurement Musings

Jan 11, 2012

3 Steps to Reducing Spend Through Procurement — BFSI perspective

Although the economic environment is more benign than at this time last year and there are signs of recovery, banks and financial services firms are still facing uncertainty. Slow economic growth coupled with new…

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These were the top 10 stories published by Procurement Musings in 2012. You can also dive into monthly archives for 2012 by using the calendar at the top of this page.

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Procurement Musings

For procurement professionals in the key strategic areas of procurement.

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