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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 on the Scout Blog.

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Cool, Calm, Collected: Corral Your Contracts at SPARK

Do one Google search for contract management and you’ll see McKinsey listed as the expert authority almost every time. According to their recent research, “Companies are overlooking a significant source of value: suboptimal contract terms and conditions combined with a lack of effective contract management can cause an erosion of value in sourcing equal to… read more

attend SPARK

CPOs: Set the Stage for a Successful 2019 at SPARK

There are dozens of reasons why forward-thinking CPOs and sourcing executives make SPARK the kickoff event for their calendar year. At SPARK, not only will you have the chance to discover new strategic frameworks for your team and measure yourself against the best-in-class benchmarks for the industry, you will also pick up countless tips and… read more

Scout’s Year in Review 2018: A Letter From Our Founders

Greetings! On behalf of the Scout founders, we wanted to take a moment to announce some amazing news and also reflect on what success we’ve seen in 2018. Today, we’re incredibly excited to announce Scout has raised $33M in Series C funding. The round was led by Scale Venture Partners, with participation from previous investors… read more

Sourcing That Shines

Sourcing That Shines: Start Your Year with a SPARK

Once again, the new year is here, and with it comes a new opportunity to shine. How are the world’s leading enterprises upping their sourcing strategy to shine even brighter? Sure, there are classes, webinars, and articles; but, what if you could combine these resources into one giant, learning support system? SPARK 2019 is just… read more

procurement pipeline

Measurable Success: 7 New KPIs to Optimize Your Procurement Pipeline

Note: This article, originally written by Stan Garber, Scout RFP President, was published by SIG on December 14, 2019. “It’s not just about cost savings–which was the traditional mindset of the Procurement function. It’s about continually improving and re-evaluating how we’re buying to make sure we’re getting the best business outcomes.” – Neil Aronson, Head… read more

Wishing You a Crazy Successful Year of Sourcing in 2019

As we reflect on an amazing 2018—learning from our customers and the incredible Sourcing community—we wanted to send the warmest wishes for a happy New Year! We’ve experienced an incredible past 12 months, chock-full of feedback, insight, and support from the best and brightest people. We can’t wait to see what 2019 has in store…. read more

Share Your Insights: Announcing the Scout State of Sourcing 2019 Survey

It’s that time again: time for the annual Scout State of Sourcing Survey. Each year as we look ahead to the next, we stop to measure what separates best-in-class sourcing organizations from the rest of the pack. Changing market conditions, shifting business priorities, and digital disruption create both opportunities and challenges for strategic sourcing teams…. read more