Procure-to-Pay risk management Back in the day I did some work for a wealth management firm in New York. At that time, I was introduced to the area of Behavioral Finance, and more broadly, behavioral economics. While not new concepts, they gained new relevance – and...
Soucing process Structured Sourcing Process and E-tool Deliver Double Digit Savings As sourcing organizations mature, it becomes more and more challenging to deliver significant savings across well-sourced categories. However, it has been Sourcing Force experience...
Some common themes from ISM and Procurement Leaders. I had the pleasure of sitting in on some great presentations at the Procurement Leaders World Procurement Congress in London, as well as attending the Institute for Supply Management in Nashville. They provided the...
How Machine Learning Improves Data Cleansing Machine Learning Improves Data Cleansing One of the many Holy Grails of machine learning within the spend analysis domain is the ability to disambiguate and classify customer purchases accurately, quickly, and...