Elevating Your Procurement Organization from Knee-jerk Reactions to Predictive Analytics

For most companies, chief procurement officers (CPOs) need to maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk to ensure supply chain continuity. To do all this, CPOs are turning to procurement analytics—to identify areas of low performance, optimize procurement functions, and reduce costs. Know a four-step process to help you deploy and configure a procurement analytics program.

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Why Enterprise Resource Planning Software Is Your Best Business Intelligence Tool

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If a business is going to successfully operate competitively, it needs to expand its analytics processes beyond the rear-view mirror. In-context analytics derived from both historical information and real-time data provides more accurate and intuitively structured intelligence. Accessing this information through a built-in BI tool within an ERP environment enhances the process and empowers users to improve business outcomes in real time. Read More

What Does the Modern Procurement Organization Look Like?

Modern procurement executives are business driven and technology powered, making them valuable strategic business partners to the entire organization. Learn about the five key qualities that define a successful modern procurement organization. Read More

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