Supply chain management: sourcing and procurement solutions

Process Bottlenecks Hinder Opportunities for Early Payment Discounts, Study Finds

December 5, 2014

Nearly 80 percent of international businesses are unable to take advantage of early payment discounts from their suppliers, mostly due to internal payment process bottlenecks, according to global research report by Basware and MasterCard.

Procurement Departments Often Fail to Factor in Needs of Telecommuters, Study Says

November 18, 2014

Staples Advantage

The overwhelming majority of employees believe telecommuting is good for both themselves and their company, but most organizations are not budgeting appropriately for telecommuters, according to a recent survey of procurement officers by Staples Advantage, the business-to-business division of Staples Inc.

Rosslyn Analytics Launches Tool for Supplier Performance Management

October 29, 2014

Rosslyn Analytics

Rosslyn Analytics has launched RAPid Supplier Performance Analytics, a new application for its could-based RAPid analytics platform.

APEX Analytix Issues New FirstStrike Supplier Portal

October 28, 2014

APEX Analytix

APEX Analytix, a provider of software and services to safeguard disbursements and protect against identity fraud, has released a new version of its FirstStrike Supplier Portal.

Almost 70 Percent of B2B Purchases Are Online, But Most Procurement Not Directly from Suppliers

October 28, 2014

Marketing Profs

More than two-thirds (68 percent) of B2B buyers now purchase goods online, up from 57 percent last year, according to a recent report from the Acquity Group.

Top Procurement Organizations Generate Twice the Average Measurable Cost Reduction, Report Says

October 17, 2014

A.T. Kearney

Leading company procurement organizations reap double the measurable cost reduction versus other companies, while also driving competitive advantage through supplier-driven innovation and risk management. While procurement organizations for leading companies have continued their upward trajectory, most companies only sustained the gains they made between 2008 and 2011.

All Together Now: Collaborative Sourcing Helps Save Money

October 15, 2014

EBN

Increasingly, the supply chain and procurement departments are turning to digital solutions, rather than traditional manual systems, to maximize results. Recent research points to a substantial potential upside.

Supplier Software Is Spun Off, Changes Name to Xeeva

October 14, 2014

Xeeva Inc.

Supplier Software Inc., a provider of procurement applications, has changed its name to Xeeva Inc.

Procurement Teams Increase Value, Outperform Peers by Going 'Borderless'

October 10, 2014

SupplyChainBrain

Despite ongoing economic and business environment challenges, world-class procurement organizations continue to outperform the peer group by a wide margin, up to $6m in cost savings for the typical large company. They deliver services at 19 percent lower cost with greater effectiveness and require 27 percent fewer full-time-equivalents (FTEs) per $1bn in spend. For many, efficiency gains have reached their practical limits. What's next?

Inefficient Procurement Systems Cost North American Businesses $1.5Bn a Year, Study Says

September 26, 2014

Topline Strategy Group

Inefficient procurement tools are costing businesses in the United States and Canada more than $1.5 billion per year and wasting more than 32 million man hours, according to a survey conducted by The Topline Strategy Group.