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Consider this your required reading for all things sourcing and procurement. Check in every week for industry insights, in-depth analysis, expert perspectives, and the latest news from the sourcing world.

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In a New York Minute: Sourcing Pros Explain Finding Needles in a Haystack

Sourcing leaders bring unique skill sets that aid them in melding the right strategies, suppliers, partners, and tools needed to impact the business. But often times, when you’re up against an endless surge of incoming requests, “doing it all” feels more like finding needles in a haystack. Addressing this topic, the New York City Sourcing… read more

Strategic procurement

3 Reliable Ways to Get Procurement Involved in Strategic Decision-Making

As someone who looks after hundreds of business relationships, I have many in-depth conversations with strategic procurement leaders on a regular basis. And a question we hear often is: How do best-in-class procurement teams proactively engage stakeholders? This is on the minds of most forward-thinking leaders because, all too often, the procurement department is not… read more

extreme sourcing

Adventures in Extreme Sourcing with Chicago Sourcing Leaders

“There is absolutely no value of doing all this good work and really driving procurement forward if you don’t tell anyone.” A survey of 45 CPOs from large, global organizations found that successful CPOs were likely to be “brilliant at understanding and expressing ideas, as extroverted as a sales person, and better with words than… read more

Supplier Management

Transform Supplier Management With Innovative Tips From Fitbit

In early 2015, Fitbit’s procurement organization wanted to make a shift towards a more digitally driven, strategically focused function. To do so, they needed to evaluate their supplier management. At the time, the procurement process was still very manual, whereby excel files were still coming through to the small purchasing team of four, and many… read more

How to Build a Procurement Center of Excellence

This is How You Build a Procurement Center of Excellence

What could you accomplish in 100 days? Today’s high-performing leaders put a 100-day plan in place to close the loop on sourcing, procurement, and supply-chain management. The result? A procurement Center of Excellence that yields greater business impact and enterprise success. In fact, Gartner’s 2018 Center of Excellence research report shares a step by step… read more

Scout Intake

One Small Step for Scout, One Giant Leap Towards More Intelligent Sourcing

Since we launched Scout Pipeline and Intake in September of 2016, we’ve seen customers from Anadarko to VSP transform the way their teams work by integrating a better approach to sourcing into their daily processes. In fact, sourcing teams who’ve moved away from manual processes and legacy apps to Scout report not only more savings… read more

This is How to Track Savings Like Never Before

Tracking savings is one of the most crucial parts of showing value to the business. It sounds obvious; but today there exists little consistency from business to business in how companies achieve this. Thus, it’s an ongoing struggle–especially for sourcing and procurement– to accurately track savings across the business. Over the last few months, we… read more

strategic sourcing

Collaboration and Sourcing: Insights and Inspiring Perspectives from ISM 2018

There are few better opportunities than learning from, sharing, and networking with the brightest minds in your industry. Last week, over 2500 global procurement and supply chain professionals gathered at ISM 2018, the Institute for Supply Management’s (ISM) annual conference in Nashville, TN. The conversations were nothing short of inspiring. We were elated to have… read more