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.

Featured Software Research:

Why ERP Fails at Enterprise Project Management

  • Source: IFS
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Because enterprise resource planning (ERP) came from the world of materials planning for repetitive manufacturing, these applications cannot address the more anecdotal, complex, and dynamic requirements of real-time enterprise project management. Even tier one ERP products cannot meet the needs of some companies—engineer-to-order manufacturers, engineering procurement and construction contractors, and even process manufacturers. Read this white paper to learn more. Read More

Four Reasons Why QuickBooks Is Failing Your Services Business

This white paper draws on real-world stories of small and medium-sized professional services organizations (PSOs) that have upgraded from QuickBooks at critical junctures in their development. It also outlines four common business process inefficiencies that you might see reflected in your own business—the reasons why QuickBooks may be failing your services organization. Read More

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Create an Intelligent Analytics Strategy for Your Organization

  • Source: IBM
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A good business analytics strategy can pay off. Learn how to grow and transform your organization with analytics and business intelligence (BI) in this newsletter, featuring new research from Gartner. Read More

How Equipment Reliability Delivers Profits

  • Source: Infor
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While no technology can prevent normal equipment wear or the need for maintenance, predictive analytics and the latest advances in predictive diagnostics are now helping plants to overcome their challenges by detecting impending problems early and allowing plants to take control of their operations. Download this white paper to learn how you can put these advantages to work for your organization. Read More

Procurement: A Strategic Lever for Bottom-line Improvement

Companies are successfully realizing benefits from their procurement initiatives, and viewing procurement as an integral part of their overall corporate strategy. They no longer perceive procurement as a cost center, but rather as a strategic lever for improving profits or funding new initiatives. Procurement opportunities are significant—translating directly, with no dilution, into measurable, hard dollar profit increases. Read More
 
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