Art of Procurement

Each change journey is unique - and yet - can benefit from embracing proven best practices that have been formalized by specialists with equally unique expertise. The benefits of taking such a journey...

6 Joulu 202158min

Leading procurement organizations are constantly reimagining their processes and operating models, but in today's unpredictable and fast-changing world they are under more pressure than ever to delive...

1 Joulu 202133min

In 2021, 62% of the companies in the S&P 1500 index did not provide an annual forecast - some even stated that there is just too much uncertainty for them to be accurate (WSJ, 9/22/21). This is a real...

29 Marras 202159min

Usually the transformation journeys we hear about are focused on a single company, but there are instances of industry wide transformation efforts as well. The oil and gas industry is a perfect exampl...

22 Marras 202146min

Leading procurement organizations are constantly reimagining their processes and operating models, but in today's unpredictable and fast-changing world they are under more pressure than ever to delive...

17 Marras 202132min

The State of the Procurement Profession report, one of the largest studies of the profession, is now in its fourth year. Among the key takeaways is data that suggests cost-related objectives remain do...

15 Marras 202141min

In a recent Art of Procurement survey, access to market insights was cited as the second most pressing challenge for procurement professionals. Even when procurement is able to access the insights the...

8 Marras 202138min

The high number of low-cost transactions is just the beginning of the challenges with tail spend management. Spend often finds its way into the tail through multiple 'wrong turns,' each of which requi...

4 Marras 202159min