Spend Matters PRO | Premium Content

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E-Sourcing: What’s Changed in the Past Five Years?

May 21, 2013 - Complex Categories
http://www.spendmatterspro.com/pro/2013/05/21/e-sourcing-whats-changed-in-the-past-five-years/

We’re knee deep in our e-sourcing deep-dive analysis of over thirty vendors: Thomas has been sitting through 90-minute demonstrations during most waking hours. I’ve been talking with all of the references provided (and some additional ones as well). Pierre, our head of research, is helping us stitch it all together as we all wade through [...]

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Sourcing Managed Services: Not Consulting, Not Outsourcing

May 20, 2013 - Services and Indirect
http://www.spendmatterspro.com/pro/2013/05/20/sourcing-managed-services-not-consulting-not-outsourcing/

I recently connected with an old FreeMarkets colleague who is running a managed services business in the sourcing services area. His firm has roughly 90 (full-time) staff, a number that is expected to expand to 150 in the next few months. On a 4:30 AM shared ride to an airport, I managed to muster up [...]

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Financial Services Vendor Risk Management

May 17, 2013 - Procurement Financials, Risk Performance and Compliance
http://www.spendmatterspro.com/pro/2013/05/17/financial-services-vendor-risk-management/

BB&T Punts on Ariba, Scores Touchdown with Hiperos to Tackle Compliance Headache This case study analysis is based on commentary presented by  BB&T and Hiperos at the Sourcing Interests Group (SIG) spring summit in 2013. BB&T (NYSE: BBT) is a large regional bank, predominantly active in the US southeast and Texas – over 31,000 full-time [...]

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Planning a Long-Term Response to the Bangladesh Factory Fire

May 16, 2013 - The Knowledge
http://www.spendmatterspro.com/pro/2013/05/16/planning-a-long-term-response-to-the-bangladesh-factory-fire/

Despite the amazing story of the young woman rescued from the rubble after 17 days, the shocking death toll from the Bangladesh factory collapse is now around 1,050. To put that in perspective, there were fewer casualties in the South Tower of the World Trade Center on September 11, 2001.  Some of the Western firms [...]

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GEP: Procurement Services, Software, and BPO Under One Roof

May 15, 2013 - The Knowledge
http://www.spendmatterspro.com/pro/2013/05/15/gep-blurring-the-software-consulting-and-bpo-line/

Background and Direction Earlier this spring, Pierre Mitchell and I had the chance to sit down with GEP at their global headquarters in New Jersey. During the discussion, we learned quite a bit about this unique firm’s offerings, market positioning, and strategic direction. Because GEP is attempting to go where few have successfully gone before [...]

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Scenarios for ISM/Member Organizations in 2020: 5 Paths and 5 Value Propositions

May 14, 2013 - The Knowledge
http://www.spendmatterspro.com/pro/2013/05/14/scenarios-for-ismmember-organizations-in-2020-5-paths-and-5-value-propositions/

In the first installment of this series, Scenarios for ISM/Member Organizations in 2020: Introduction and Context, we introduced five scenarios for member organizations such as ISM in 2020: Scenario A: Trusted Point of Reference and Industry Standards Scenario B: Embedded Organizational Extensions Scenario C: Custodians of Data and Knowledge Scenario D: Activism and Influence Scenario [...]

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Commodity Price Management at BorgWarner

May 13, 2013 - The Knowledge
http://www.spendmatterspro.com/pro/2013/05/13/commodity-price-management-at-borgwarner/

Part 2: Going Deep in Profit Risk Mitigation and Improvement In Part 1 of this post, we introduced the general concept surrounding commodity purchase price risk management. Today, we’ll dive into some of the implementation details that are key to practitioners to building out this capability – not just for high-impact benefits, but also for [...]

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Conflict Minerals Compliance: Checklists, Templates, Planning Documents

May 10, 2013 - Risk Performance and Compliance
http://www.spendmatterspro.com/pro/2013/05/10/conflict-minerals-compliance-checklists-templates-planning-documents/

The Spend Matters and MetalMiner team are busy wrapping up a week that featured our first live event on conflict minerals. Today, we share one of the resources given to attendees: The MetalMiner/Elm Consulting Conflict Minerals Checklist document. Organizations at any stage of developing a conflict minerals compliance strategy will find this Excel sheet useful [...]

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Our Evaluation Process: An Optimal RFP For E-Sourcing Solutions

May 9, 2013 - The Knowledge
http://www.spendmatterspro.com/pro/2013/05/09/our-evaluation-process-an-optimal-rfp-for-e-sourcing-solutions/

We recently reached out to sourcing solution software providers with a round of questions to understand how they position themselves in the marketplace: how do they deliver value to clients, where are their differentiators, etc. – so we can deliver the highest quality shortlists possible to readers like you. Today we’re offering an insider’s look into our internal sausage-making process in the spirit of full transparency for our PRO audience – sharing the RFP spreadsheet we sent to the solution providers a few months ago.

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Conflict Minerals Analysis: Readiness, Technology, and Questionable Practices

May 8, 2013 - Risk Performance and Compliance
http://www.spendmatterspro.com/pro/2013/05/08/conflict-minerals-analysis-readiness-technology-and-questionable-practices/

In this analysis, Lisa Reisman summarizes the key takeaways and compliance recommendations from the Spend Matters/MetalMiner event: Conflict Minerals EDGE. How prepared are most companies to tackle conflict minerals compliance based on what you heard and saw? One point that I came away with was that many companies have greater capability than they think to [...]

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