April 1, 2020
Indirect spend
12

Realizing Savings in Indirect Spend: A Guide for Procurement Teams

Are you often taken aback looking at the total value of your indirect spend at the end of the quarter or financial year? This is not uncommon...…
March 26, 2020
Maverick Spend
12

The Maverick Spends – A Resolved Quandary Can Lead to Huge Savings

What is so intriguing about maverick spends? If we try to draw an analogy with ancient battles, maverick spends are those who are not accounted for...…
February 14, 2019
7 Steps to Effective Spend Management
12

7 Steps to Effective Spend Management

Read this blog post to understand the different elements of spend management and how to get the best out of a spend management activity.…
January 28, 2019
This Chinese New Year, Use Strategic Sourcing to Procure Savings
12

This Chinese New Year, Use Strategic Sourcing to Procure Savings

January 5, 2019
Five Ways to take Control of Maverick Spend
12

Five Ways to take Control of Maverick Spend!

As a procurement professional, you have come across maverick spend many a time. What do you think about why it is maverick spend and what is the justification to label a certain category of spend as maverick?…
October 24, 2018
12

Procurement Analytics- Empowering the Future of Procurement

Advanced analytics provides data-driven insight and power that procurement can leverage to make impactful business decisions. For organizations that are yet to tap this value, it is time to make the move and gear up for a future when big data will be the deciding word.…
April 20, 2018
12

How to Mint Millions from your Unclassified Spend Data?

Data is fish for Machine Learning (ML); the more data you feed your ML algorithm, the better accuracy in spend classification and eventually millions saved per $1 billion of spend.…
March 29, 2018
12

Spend Analysis Mistakes that can mar your Sourcing Strategy

Over the year procurement has transformed from a tactical purchasing function to a high priority strategic partner to its organizations and this is du…
March 22, 2018
12

Drilling the Rig of Enterprise Data: How Oil & Gas Supply Mgmt can offer more?

March 21, 2018
Profitability in Procurement
12

Profitability in Procurement? Allow Data the Driver’s seat!

 …