Procurement Needs Actionable Intelligence

actionable intelligence procurement supplier discovery

Procurement professionals have significant supplier and market intelligence needs. Whether for strategic sourcing, category management, supplier relationship management, or new solution innovation, actionable information is a key input for strategic procurement teams. And this information must be up to date and trustworthy in order to increase procurement’s impact on the organization. Procurement gathers information and […]

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Increased Procurement Agility through Improved Mobile Connectivity

Procurement is becoming a more agile, interactive corporate function. In order to support this expanded outreach, we need instant access to information and a way to capture and preserve knowledge. Given the prevalence of mobile technology, procurement is quickly transitioning from a laptop-based function to one empowered by handheld smart devices. In a recent article […]

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Discovering Supplier ‘Category Jumpers’

Every strategic sourcing project procurement runs includes a step for supplier discovery. Usually it takes place early in the process, and may even be run in parallel to spend analysis. The goal of both efforts is to understand what the current and potential suppliers are – known and unknown, internal knowledge and external information – […]

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