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Digitizing transactional, Procure-to-Pay business processes is a means to an end for many CPOs – the necessary pre-requisite to freeing up scarce Procurement resources to be able to focus more on strategic pursuits, by automating core P2P transactions. But completing…
The Buck Starts Here: Building a Winning Business Case to Transform P2P Read More »
For Machines to truly learn – they must, not unlike Humans – be taught properly, providing them with complete, accurate data from which to establish patterns and draw inferences. The first step of teaching your machines to be able to…
Machine Teaching – Apply AI for Predictive Procurement Read More »
There is nothing new about the idea that procurement is standing on the verge of a talent catastrophe. Processes and technology are evolving at an accelerating rate, distributed buyers are more capable of independence every day, and non-traditional work models…
While digitalisation of the function is revolutionary, the path towards that ‘digitally enabled future’ is likely to proceed along some well-established paths. Three main primary objectives of digitalisation in procurement (Odgers Berndtson and 2018 CPO survey) Predictive & data analytics…
Defining and Deploying the Digital Roadmap for Procurement Read More »
The growing uncertainty in recent times due the COVID-19 pandemic, has made it is essential for procurement organisations today to identify and effectively manage risk in the procurement function. This webinar aims to shine light on some ways to reduce…
How to Identify and Mitigate Vendor Risk Read More »
The desire to become ‘trusted advisor’ to internal clients has become recognised as one of the keys to improving procurement performance and recognition within the organisation. A recent survey has confirmed that, after cost reduction, improving procurement’s engagement with stakeholders…
Companies today are aggressively working with suppliers and other partners to find fresh opportunities for revenue growth through innovation, mergers and acquisitions, new-market entry and other strategies. The problem for many procurement organizations is that their processes and performance metrics…
Putting Supplier Relationships in the Green Zone Read More »
As the saying goes, “If you’re not the lead dog, the view never changes”. For Zycus which has once again been positioned as a “Leader” in the newly published Gartner Magic Quadrant for Strategic Sourcing Suite Vendors for 2018 – just as…
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The P2P Playbook – Planning for Success Read More »
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