Develop a Procurement Analytics Strategy

Dave HenshallProcurement AnalyticsLeave a Comment

Procurement Analytics Part 3: Beyond simple spend data towards strategic decisions Develop a Procurement Analytics Strategy: In part 2 we discussed the challenges and maturity levels in Procurement Analytics capability. Here in the final part in this series we discuss how to apply Procurement Analytics strategically. 1. Introduction The primary function of procurement analytics tools is to support improvement strategies. … Read More

Procurement Analytics Maturity Matters

Dave HenshallProcurement AnalyticsLeave a Comment

Part 2: Procurement Analytics Maturity Matters: Beyond simple spend data towards strategic decisions and value In our previous post, we discussed the business case for Procurement Analytics. Here in this post we discuss the why Procurement Analytics Maturity Matters and the challenges and maturity levels in building Procurement Analytics capability. 1. Procurement Analytics Maturity Matters Companies are competing on analytics … Read More

Procurement Analytics: Beyond simple spend data towards strategic decisions and value

Dave HenshallProcurement AnalyticsLeave a Comment

Organizations of all sizes and in all sectors need Procurement Analytics Here in the first of a series of post we discuss the business case for Procurement Analytics and how and where to apply it to support your organizations goals and objectives. 1. Introduction There is always room for improvement and expansion of procurements value proposition at global companies.  However, … Read More

How to prepare procurement for true stakeholder buy-in and real transformation

Dave HenshallGovernance & Alignment, Procurement ExcellenceLeave a Comment

Organizational alignment holds the key to the boardroom door How to prepare procurement for true stakeholder buy-in: Whether you are a new CPO hired to transform procurement or an existing CPO looking to get true stakeholder buy-in, aligning procurement with the organization will be key to your success. 1. Preparation & Readiness Most CPO’s will understand the strategy to transform … Read More

Reduce hiring errors with procurement skills assessments

Dave HenshallSkills Gap Analysis, TalentLeave a Comment

Reduce hiring errors with procurement skills assessments Reduce hiring errors with procurement skills assessments: Hiring the wrong candidate can be expensive. There are not just the headline costs of advertising and agencies; but also the hidden costs of time to hire, induction and training, attrition costs for early leavers, the ramp up time to be productive. An Oxford Economics report … Read More

Procurement capability and operating model

Dave HenshallCapability Model, Procurement ExcellenceLeave a Comment

Is your procurement function set up for success? Procurement capability and operating model: Many procurement teams operate under an informal mandate that does not clearly articulate their accountability. In the absence of a capability model, the procurement function is fundamentally limited in its effectiveness. This is why we developed the CPP Procurement Capability Model: 1. Procurement capability and operating model … Read More

Creating e-Sourcing Strategies for successful e-Auctions

Dave Henshalle-sourcingLeave a Comment

Creating e-Sourcing Strategies for successful e-Auctions Creating e-Sourcing Strategies for successful e-Auctions: We guide you the issues to assist procurement professionals work through the key issues in determining their e-Sourcing Strategy. Compared to the actual running of the Event, picking a suitable category and how to engage the market can be one of the most challenging decisions. Reverse auctions can … Read More

Strategies for Procurement Transformation

Dave HenshallCategory Management, Procurement ExcellenceLeave a Comment

Part 1: Strategies for Procurement Transformation: Category Management is a benchmark of procurement best practice and typically at the heart of any procurement transformation. Category Management as an Integrated Business Process Category Management, is one of several elements that need to be integrated and applied business-wide to achieve and sustain success. Category Management links strategic sourcing to the business strategy … Read More

O Superman: Procurements Kryptonite

Dave HenshallStrategy, TalentLeave a Comment

Procurement needs a strong mandate not super developed soft skills Not a week goes by without a talent shortage headline appearing in the news resulting in a great deal of debate regarding the profile of the modern procurement skill set. In this post we make the case for CPO’s to focus on securing a strong mandate. The focus on soft … Read More

How to make Procurement e-Learning deliver strategic business results

Dave Henshalle-learningLeave a Comment

How to make Procurement e-Learning deliver strategic business results We discuss how to make Procurement e-Learning deliver strategic business results as part of your training programs. e-Learning addresses today’s critical business drivers – it’s green, it’s scaleable, it’s sustainable, it saves money, it’s mobile, and most importantly—it works. 1. Introduction The advantages of e-learning are so apparent that all companies … Read More