Another good 20 page white-paper from SAP © 2006 describing 6 easy-to-use best practices and a couple of tips to support successful adoption of an eSourcing solution. Not rocket science, just basic change-management key success factors used in any transformation project but applied to eSourcing: Deming PDCA, Simplicity, quick wins and communication…what else?
In 2006 SAP has issued a white paper about reverse auction best practices. You can find it now on its knowledge hub. Here you go. You will learn the essential, i.e. when to use RFx and reverse auctions, how to sell auctions to internal stakeholders, how to get supplier buy-in, how to choose the right auction settings and to run an auction.
Zycus issued in last September 2009 an article titled “5 Best Practices Toward Contract Compliance”. In there, You’ll learn about what’s key when looking after contract compliance: Including clauses sticking the contract to market conditions, defining the right contract metrics, not forgetting auditing the standardized contract management processes you should have put in place
The Scottish Governement has developped a comprehensive Purchasing toolkit and a full suite of Strategic Sourcing templates in order to streamline its Sourcing and Procurement processes. Although devoted to the Public sector Buyers, most of the templates are re-usable by Private-sector Buyers.
The whole toolkit can be found on the Scottish Government website. Below is an [...]
Below is the the list of the top 20 Procurement-related websites identified by CIPSA (CIPS Australia – original source-page is here). I’m proud to see that I’m in, nearby Sourcing Innovation blog, Spend Matters, Supply Excellence…
Do you have a clear understanding of what Supply Risk Management means, of what other professionals think?
Are you not interested in sharing your vision? If so, the survey described below and initiated by the MIT might worth being completed.
PwC is proposing an online tool to benchmark a purchasing function through 39 criteria. Collecting data – to complete this benchmark – is announced to require 4 to 6 hours. This benchmarking tool is part of PwC’s Global Best Practices Knowledge base.
Compare performance with other companies by using this quantitative diagnostic tool created to evaluate [...]
Comparing your performance to your peers in your industry is essential to understand how good you are. Many ways to do so and hereby is another one I just identified, focused on ‘Cost Performance’, reading the article “In Pursuit of a Cutting Edge” published on CFO.com. You” be able to compare your company performance against leading US players in following markets (link brings you directly to an excel tool):
2 and 3 years ago, I did this exercice already; comparing the online footprint of leading Spend Management Solution vendors with Alexa. You’ll find below the update 2009 including for the first time Quadrem, Zycus, Hubwoo and MFG as I appreciate them belonging to the leading players. At the very bottom you’ll get additional information [...]
In response to Charles’ Post and question mark a couple of weeks ago, indeed Ariba Exchange is definitly the “next hot destination for Sourcing Professional”. Launched softly in October, Ariba Exchange is the first and unique online community to facilitate discussions among customers, prospects and Ariba’s subject matter experts (SME), embedding videos, polls, group rss [...]
Aberdeen revealed Top 4 pressures in its April 2009 report. Pretty basic, standard and ‘to be expected’ in current economic turmoil, but speed in responding to those market requirement will be the key success factor. Those 4 pressures are listed below and prioritized in the ‘figure 2′ included.
Did you try the Ariba Network, a leading professional B2B supplier network supported by Ariba’s technology?
Ariba Supplier Network at a Glance
$100 billion in annual transactions
1.8 million monthly PO’s
Transactions in 80 currencies
80 million catalog items
Any feedback would be appreciated
Leveraging the article “Dashboard leads global procurement to success” from Purchasing.com, think about using those 6 obvious KPIs to generate 10-12% savings on appropriate direct commodities:
Delivery lead time,
Inventory days,
Supplier count
Part shortage,
Price reduction,
ppm (parts per million) defect levels per part.
Below are some interesting links providing screenshots of Purchasing Management Dashboards (Sourcing, Procurement, Commodities…) as well as KPIs descriptions.
Commodity Supplier Management Dashboard | Purchasing Dashboard
Procurement Management Dashboard | Purchasing KPI Dashboard
Purchasing KPIs for Dashboard and Reporting – 1
Management Dashboard
Dashboard Purchasing KPIs – 2
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