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Only 4% of supply chains are ‘future-ready’ when it comes to technology, talent and processes
October 15, 2021 at 3:21 PM
A recent report conducted by Accenture among supply chain leaders revealed that when it comes to being advanced in terms of technology, talent and processes, only 4% of organisations meet this level – and only 34% are expected to reach the future-ready status by the end of 2023.
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What's the true cost of bad supplier data?
August 13, 2021 at 1:28 PM
Much is said about how good supplier data can help procurement make better decisions, negotiate more favourable pricing, and help avoid possible risks and disruptions in the supply chain, but how does bad supplier data affect the supply chain?
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Lawrence Dallaglio and Malcolm Harrison discuss tail spend management
July 9, 2021 at 11:30 AM
Described as the “untidy room in the house”, tail spend presents a huge opportunity for efficiencies and savings.  Maistro Director - Lawrence Dallaglio sat down with CIPS CEO, Malcolm Harrison, to discuss thoughts on what forward-thinking professionals can achieve by actively managing their low-value spend.
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Automation - the key to procurement agility
June 28, 2021 at 8:59 AM
To be competitive and efficient in today's market it goes without saying that adopting automation in some guise is almost now a prerequisite. 
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How procurement can help establish resilient supplier networks
June 11, 2021 at 11:11 AM
During the past year, the need for more resilient supplier networks has steadily risen to the top of every CPO's importance list.
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Supply chain leaders lack data and tech for cost-saving decisions
June 1, 2021 at 10:44 AM
In early 2021, IHS Markit conducted a survey with procurement professionals under the title 2021 Supply Chain Insights Global Survey , revealing that "supply chain professionals often lack the tools, data, and platforms needed to diversify their supply chains and optimise their processes."
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Procurement investment on the rise
May 21, 2021 at 8:00 AM
In April 2021, Forrester Consulting conducted a study commissioned by Ivalua with 454 finance, procurement, and supply chain professionals in which they revealed that 50% of organisations are planning to increase their investments in procurement, and 85% recognise that procurement plays a key role in revenue growth.
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Where does the ownership of tail spend sit?
May 14, 2021 at 2:14 PM
Most procurement professionals are aware that tail spend has the potential to hold a lot of hidden value but until it can be managed effectively, extracting that value is difficult. What may also hamper the task of bringing maverick spend to heal, is a failure to understand where the responsibility to do so lies.
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Why transactional data shouldnt just be reserved for strategic planning
May 7, 2021 at 2:00 PM
One of the most important tools for procurement professionals when planning for strategic purchasing decisions is having the ability to access solid and reliable data. But when it comes to making the same decisions with non-strategic and lower-value spend in the tail, oftentimes, swathes of transactional data flows through the process going uncaptured and under-utilised.
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