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Channel: Procurement – ProcureBuzz | General discussion on Procurement, Outsourcing and Technology
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Why Supplier Risk and Performance Management Matters to Business

GEP and Forrester Webinar: Why Supplier Risk and Performance Management Matters to Business Supplier risk and performance management solutions are gaining traction as a new product in the ePurchasing...

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Getting Started with Vendor Management – Part II

Part I of this post introduced the role and value of a vendor management program for procurement outsourcing providers and offered guidance for creating one. In this post, we will focus on...

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Kellogg Company, GEP to make presentation at SIG Global Leadership Summit

GEP, a leading global provider of procurement services and technology, and Kellogg Company (NYSE: K), one of the world’s leading producers of convenience foods, will jointly make a presentation at SIG...

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Procurement teams least likely to outsource supplier relationship management

As many as 70% of procurement teams prefer to hold tight to supplier relationship management; in contrast, nearly half are looking to outsource procure-to-pay operations, according to GEP Value Trends:...

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Demystifying Procurement Outsourcing

We have assembled a list of the most commonly asked questions, and our answers, to help define and assess whether procurement outsourcing is right for your organization. Read about the most important...

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Why would companies outsource the procurement of critical goods and services?

Precisely because it enables them to ramp up their bottom line.  There is a cause and effect here.  Companies that outsource their procurement function can tap into a pool of experts, which can guide...

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What are the real benefits of procurement outsourcing?

The benefits are immense. As the spend that can be influenced is huge, procurement outsourcing delivers a more attractive return on investment, compared to other BPOs. Annual returns totaling three to...

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The secret behind Bayer Healthcare’s successful procurement programme

Wondering how to implement a successful procurement program? Here’s your chance to learn about it from Bayer Healthcare (BHC) while attending ProcureCon in Brussels. On Wednesday, November 7 at 14:50...

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We’d love to meet you at Procurement Leaders Forum in Boston

We are exhibiting at Procurement Leaders Forum in Boston on November 7th, and we look forward to seeing you there. We invite you to visit our booth to learn more about how we can help you realize...

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GEP Emerges as Star Performer

GEP Named Procurement Outsourcing Star Performer by Everest Group GEP has been named a Star Performer by Everest Group, a research and advisory firm, in their newly released study of procurement...

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Low Oil Prices Continue to Give Markets the ‘Shivers’: The Winners & Losers

As many countries prepare for Halloween celebrations globally, the implications of continuing low oil prices have certainly had many “spooked.” Earlier this week, crude oil (the global benchmark) was...

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Collaborations Within Competition

True to the popular adage “unity is strength,” more and more companies are coming together to compete effectively in the global marketplace. This article explores some of the areas within the...

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Lessons Learned From the Airline Industry: How Procurement Can Benefit Mature...

Like other mature industries, airlines have high fixed costs, capital and labor as the major cost buckets. While the legacy airlines are consolidating at least in part to gain synergies, the low-cost...

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Transformation Horizon: Creating Gravity-Defying Change in Procurement

Good news is we’ve arrived. At many global enterprises, procurement executives are now key players in the businesses’ strategic, operational and financial plans. With expectations high in boardrooms,...

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Mergers and Acquisitions Among Suppliers: How Sourcing Teams Can Benefit

I was recently conversing with a few professionals in the financial services industry about market arbitrage strategies around mergers and acquisitions. There are folk who have a special knack for...

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Mergers & Acquisitions: How CPOs Can Ensure They Remain on Their CEO’s Nice...

We are now well on our way into the 2015 Holiday season, and Christmas carols are ringing in the air on most of our streets, TV ads and in our workplaces. Many of us have been attending our Christmas...

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EU APPROVES FEDEX’S TAKEOVER OF TNT

Earlier this year the European Commission unconditionally approved FedEx Corporation’s acquisition of Dutch parcel company TNT Express, based on a forecast that the combined entity (FedEx & TNT)...

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BLOCKCHAINS – IMPROVING TRUST AND VISIBILITY ALONG THE SUPPLY CHAIN

Blockchain startups have been gaining traction over the past few years. Earlier this year, PricewaterhouseCoopers (PwC) entered into a strategic partnership with a blockchain startup named Blockstream....

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PROCUREMENT ORGANIZATIONS TO WITNESS HIGHER OPERATING BUDGET AND INCREASED...

As per a recent research report from the Hackett Group, Inc., “Procurement Key Issues,” procurement leaders expect operating budgets and staffing to increase slightly in 2016. The increase is foreseen...

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DISRUPTIVE TECHNOLOGIES RAPIDLY CHANGING HEALTHCARE LANDSCAPE, PROCUREMENT TO...

Today, technology has introduced disruptive changes to the way healthcare is managed. Several pharma companies, healthcare systems, and IT giants have invested in technologies to be way ahead of the...

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