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Creating Value From IT Spend

Una

Creating Value from IT Spend - and Protecting Its Worth. As a rule, the business case for investing in IT is well-understood. But without a watchful eye on IT spend, ROI can be rapidly eroded by avoidable costs caused by issues such as shadow IT or auto-renewing contracts. Creating value from IT spend.

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If You’re Running a Summer Camp, Here’s What You Should Know About GPOs

Una

If You're Running a Summer Camp, Here's What You Should Know About GPOs Running a summer camp is a costly business. By Mackenzie Oakley | March 21, 2023 Search A version of this article was originally published for the American Camp Association. It has been updated for supporting content and clarity.

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Will AI in Procurement make us all irrelevant?

Procurement Software

However, it’s proven ability to cut down the time and resources needed to complete many everyday tasks is not to be underestimated. A recent Forbes article manages to do this succinctly and in plain English: The main difference between traditional AI and generative AI lies in their capabilities and application.

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The Intelligent IBP Manifesto – key principles for a new planning paradigm

Supply Chain Trend

2% of managers apply best practice decision methods. Many which I’ve highlighted over the years in blogs and articles. Intelligent IBP effectively combines human and machine strengths with good decision practices to consistently make timely, high-quality, horizon agnostic business decisions.

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Technology Support in Integrated Business Planning: Automation, Augmentation and Human Centricity

Supply Chain Trend

Preview In his 2019 Foresight article, Niels van Hove examined eight technological hurdles that must be overcome to enable autonomous or ‘lights out’ supply-chain planning. In this article, Niels argues that these technological advances can lead to either (a) planning-process and decision automation or (b) planning and decision augmentation.

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The Disruptive Power of Digital Procurement

Una

A recent paper from Deloitte has helpfully categorized digital procurement into three areas: automated P2P (Procure-to-Pay), proactive SRM (Supplier Relationship Management), and predictive S2C (Source to Contract). How to Improve Strategic Supplier Relationship Management. How to Optimize Your Spend with a Strategic Sourcing Process.

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User Adoption and the Rise of the AI Chatbots: The End of Maverick Spend, Vendor Rationalization and Change Management

Procurement Insights

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management. Placing a requisition? So, everything.