Spend Matters

AUGUST 8, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Spend Management , Technology Tags: PRO Medius began life in 2001 in Sweden as an AP automation solution; in 2006 it opened offices in Norway, Denmark and the Netherlands; in 2008 in Poland.

Market analysis 75

Market analysis Spend management Buyers Change management 75

The Good Spending

MAY 13, 2024

NHS IT System (2001-2011) The national program for IT in the health service is the largest civilian computer project in the world. It was spawned in late 2001 and early 2002. Contract management is another miserable story. Risk management? Change management? Was there any SRM or stakeholder engagement?

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Supply Chain Game Changer

NOVEMBER 17, 2018

We dug that company out of terrible financial difficulty after the “internet bubble” burst in 2001. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. My tenure at AMD was amazing.

Leadership 74

Leadership Supply Chain Optimization Supply chain Supply 74

Procurement Insights

DECEMBER 8, 2023

The impetus behind this change is the result of the fallout from the consistently high level of e-procurement initiative failures. Industry studies for 2001-2005 indicate that 75-85% of all programs fail to achieve the promised results.

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Procurement Insights

AUGUST 30, 2023

Process Understanding and Refinement Drives Success Between 2001 and 2005 75 to 85% of all e-procurement initiatives failed to achieve the promised results in terms of savings. As a result most vendors have developed their solutions to manage centrally negotiated contracts that are combined with an aggressive supplier compression strategy.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

The Good Spending

SEPTEMBER 14, 2021

Our existing processes already contain the means for Agility, and you do not need to wait for the corporate big-bang change management program to run your first sprints. Agile transformation requires shared leadership and change management via the network of motivated and empowered volunteers.

Leadership 52

Leadership Negotiation Contract Change management 52

Procurement Insights

DECEMBER 12, 2022

The impetus behind this change is the result of the fallout from the consistently high level of e-procurement initiative failures. Industry studies for 2001-2005 indicate 75-85% of all programs fail to achieve the promised results.

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40