Software for Spend Analysis, Spend Transparency and Initiative Management

Assuming measurement is required, the following results were found.

Procurement Performance Measurement

as to what should apply as a success and thus influence the added value of the purchase . Procurement Performance Measurement provides an answer...
Indirect Purchasing: Transparency, potential analysis and performance measurement

In many companies, the purchase of so-called direct materials that are incorporated into the final products is part of the core business. These purchases make up approx. 70% to 85% of the purchasing volume within the manufacturing industry. All other...
Measuring RFP Savings… But Doing It Right

In the procurement department, the relationship to the supplier is also a central focus with performance measurement. The services, prices, and quantities established in supplier agreements are essential parameters for the efficiency of procurement and...
The added value in purchasing: What all constitutes cost savings and how is this measured?

role and the added value in purchasing is gaining importance, not least because the pertinent systems and tools for the measurement of cost savings are gaining more and more possibilities and significance. Ultimately, the question of what the actual...
How to Introduce Successful Initiative Management in Procurement (Part 2)

In many companies, initiative management and controlling still only play a minor role. Orpheus set out to understand the reasons and “stumbling blocks” and has illustrated essential “design criteria” in this article that play a large role in the...
Project Management in Procurement beyond Excel

Saving initiatives have been introduced and their success measured for many years. Now, a certain professionalization is being introduced...
The 6 Savings Types

Procurement answers for a large cost block, especially in manufacturing companies or in trade enterprises. This cost block should be managed. Savings should be achieved and performance should be verifiable. In this article, we will present you with a...
Study: Procurement Performance Management today

"How do I manage to discover new efficiencies and savings potential on a regular basis and how can I use intelligent performance management systems to increase the real commercial contribution of procurement as substantially and as sustainably as...
5 proposals for truly sustainable purchasing success

A primary function of strategic sourcing is to reduce the purchase price of direct and indirect goods and services within a corporation. If nothing else, the success of this mission unfolds its impact in significant economic parameters of due...

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