How To Make Your Outsourcing Team Work For You – Part II

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In the previous post in this series, we presented why and how a company can evaluate if procurement outsourcing will help them. In this part, let’s look at some ideas on how to measure and generate return on investment (ROI) on a procurement outsourcing deal. While calculating ROI seems like simple math, quantifying the returns [...]


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How To Make Your Outsourcing Team Work For You: Part I

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Procurement outsourcing is picking up pace. Everest Group recently reported that spend under management will stand at between $270bn to $275bn in 2014, an increase of 7% from 2013. Most companies evaluating procurement outsourcing focus on selecting the right partner. They look to partner with a business that fits in with their culture, meets the [...]


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Procurement Outsourcing: A Field Guide

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Enterprise procurement organizations worldwide are stretching to fulfill rising expectations, increased responsibilities and higher savings targets, often without meaningful increases in people or resources. Procurement outsourcing can not only help meet these objectives, but also bring about transformative changes — if done right. In a new, informative report by Procurement Leaders & GEP — Procurement Outsourcing: [...]


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The Importance of Due Diligence

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Emerging demands on leveraging cost-effective and efficient business solutions is not a new one. Sourcing and procurement groups have developed many successful sourcing strategies to identify cost savings, however, when it comes to realizing them, their strategies sometimes fall short. Effective use of technology to track savings compliance and realization, combined with process re-engineering where [...]


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Finding Procurement’s Place in the Organizational Hierarchy

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The reporting hierarchy of a procurement department has the potential to substantially impact how the organization is staffed, financed and perceived. There is a surprising lack of consensus as it relates to the reporting channels even amongst Fortune 500 organizations in similar industries. Procurement’s reach extends across the lines of finance and operations, thus creating [...]


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Develop Those Collaborative Project Management Skills

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According to PMI’s 2014 Pulse of Profession report, “Organizations today face a chasm between what they should be doing — aligning projects to their strategy — and what they are able to accomplish. As a result, 44% of strategic initiatives are unsuccessful.” With this recent statistic in mind, avoiding the probability of failure is greater [...]


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Procurement Transformation: Driving Performance & Results Beyond the Limits of Leverage

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Procurement Transformation: Driving Performance & Results Beyond the Limits of Leverage Procurement is evolving rapidly – the roles, the skill sets, the deliverables and metrics. Keeping pace is tough enough, let alone getting ahead. How can you get ahead of the new wave of next-gen challenges? Procurement Transformation. In an important new white paper — [...]


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Using Economics and Political Theory to Explain Procurement Failures

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GEP is proud to announce our newest guest post on Spend Matters, titled “Using Economics and Political Theory to Explain Procurement Failure”. This post was written by Biju Mohan and can be found on the Spend Matters website. Click here to view the post and read more interesting thinking on procurement.


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Procurement’s Impact on Top Line: Lessons from Wal-mart, Amazon, Ford and Apple

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GEP is proud to announce our newest guest post on Spend Matters, titled “Procurement’s Impact on Top Line: Lessons from Wal-Mart, Amazon, Ford and Apple”. This post was written by Amol Jawale and can be found on the Spend Matters website. To view this post and more interesting thinking on procurement, click here.


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Apple’s Procurement Strategy

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GEP is proud to announce it’s newest guest post on Spend Matters, titled “Apple’s Procurement Strategy”. In 2012 alone, Apple sold more than 120 million iPhones, 60 million iPads, 35 million iPods, 15 million Macs – staggering numbers, to say the least. The success of the world’s biggest technology company has come on the back [...]


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