Please find below detailed white papers on topics related to sourcing and Spend Analysis written by the domain experts from Global eProcure in collaboration with leading academics in the strategic sourcing and supply chain fields.
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Making a smart investment decision while acquiring sourcing and procurement technologies is never easy. There are a lot of fears, uncertainty and doubts (FUDS) about multiple issues, some needlessly planted by vendors themselves. In this paper we focus our attention on a critical issue i.e. the choice of a software delivery platform that works best for you: Software delivered as a service or on-premise solution. Should you place your bets on SaaS? Find out for yourself what works now.
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MRO is, by its very nature, a complex mix of products and services. The procurement of MRO is further complicated by user preference (of parts and suppliers) and emotional attachment to their incumbents. In this white paper you will learn how a successful MRO sourcing process can deliver big dividends for the organization. Why it is a well worth the effort to invest the time and effort to “do it right”.
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Facilities and its related support services represent a large cost in most companies. The optimization of these services can make a huge impact on a company’s financial results. The adoption of firm-wide standards and processes combined with strategic sourcing as well as the use of outsourcing vendors for non-strategic facilities services are key elements in the pursuit of cost effectiveness and process optimization. Trends include higher quality service delivery at lower cost, the increased application of automation technology, and outsourcing benefits and related gains in skills and domain expertise.
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Successful procurement transformation is all about making the right turns at the right time, to deliver anticipated value on time.
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Simplifying Technology is a compelling vision for the procurement organization of the future. Challenged by issues of slow adoption, lack of resources and perennial technology bottlenecks, procurement leaders are re-defining their search for the right solution. Find out why 'simplifying technology' may be a smarter alternative to the conventional approach.
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Many enterprises are taking considerable interest in procurement BPO because of its ability to impart two key benefits -- cost reduction and value creation -- two factors which are highly desirable in today’s business environment. Procurement outsourcing facilitates the reduction of operational costs and also has the ability to impact third-party expenditures, in addition to operational expenses. By virtue of the quick pay-back period associated with procurement outsourcing, the value proposition for these initiatives is fairly compelling.
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Companies are increasingly looking at e-sourcing and reverse auctions as a means by which to reduce their procurement expenses and provide bottom line savings to the organization in a relatively short time. However, this has sometimes led to resistance among suppliers who believe that e-sourcing results in commoditization of goods and services, lack of appreciation of value-added services, and in negative impacts on buyer-supplier relationships. This presentation discusses the likely impacts of e-sourcing and reverse auctions on supplier relationships. It also presents short and long-term strategies to both buyers and suppliers to minimize costs and maximize collaboration / benefits.
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Over the last few years, many corporations have successfully implemented revolutionary eSourcing processes and tools to strengthen their strategic sourcing processes. These eSourcing efforts have aided organizations in realizing tangible and sustainable reductions in their sourcing costs. However, a major focus of these eSourcing initiatives has been primarily aimed at the goods producing sector and for product categories of direct and indirect materials. The service industry, which is a significant portion of the U.S. economy, has not yet reaped the benefits of eSourcing tools. In the tough and competitive economic environment, companies in the service industry are increasingly looking at innovative ways to reduce their operating expenses without compromising quality and service levels. This paper focuses on eSourcing tools and processes for the service industry.
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Without having access to accurate, detailed spend data, organizations are unable to effectively source quality products and services at the best possible prices. Most organizations have difficulty gaining access and control over detailed spend data because often times a) much of the data exists in the form of paper-based invoices b) electronic data is spread across multiple enterprise transaction systems and c) the captured spend data is inaccurate and improperly classified due to errors in the data entry process. Having a systematic process for spend analysis at regular intervals is critical for any company to achieve the most savings out of strategic sourcing . This white paper focuses on the case for spend analysis.
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For more information, please email us at info@globaleprocure.com
Bob Fleck, Director, Sunoco