On June 26th Nitor hosted a 1-hour webinar about how to best enable Procurement Transformation, titled: Realizing Value Through Procurement Transformation.
(If you were unable to attend the live event, don’t worry, you will be able to request access to the recording in the link below.)
The session, featuring Gary Stoddard, Partner at Nitor, highlighted what it takes for organizations to realize true value when looking to transform their Procurement practices.
Topics: procurement consulting, procurement technology, webinar, procurement transformation
Empowering Organizations to Create Sustainable Value - The Need for a Holistic and Integrated Procurement Environment
Gary Stoddard is a Partner with Nitor Partners, whose single focus is empowering clients to achieve Source-to-Pay excellence. Dawn Tiura, CEO and President of Sourcing Industry Group, got together with Gary recently to get his thoughts on creating sustainability and the need for an integrated procurement environment.
Topics: strategic sourcing, procurement consulting
Many business cycles have a “season.” In retail, the holiday season is a make-or-break occasion.
In the world of accounting, tax season provides the heaviest workflow. Some business seasons follow the school calendar (travel and school supplies) and others the seasons of the year (construction or HVAC repair/sales).
The best part of seasonality in business is it is predictable.
Topics: strategic sourcing
The world of Procurement, including the different technologies, methodologies and strategies will continue to evolve and have a significant organizational impact in the coming year.
Staying abreast of the latest trends and offerings will differentiate best in class organizations from those that fall behind.
Topics: procure to pay, procurement consulting
In Western astrology, it is believed the universe is formed by four Elements: earth, air, fire and water.
Each of the four contains its own unique and beneficial properties within itself and when they work together they create one perfectly formed universe.
The same is true with the Source-to-Pay environment. Each Element is individually important and valuable to create and /or deliver value. However, when all the Elements across the Source-to-Pay spectrum work together, a holistic and integrated best-in-class Procurement organization is enabled.
Topics: Spend Analytics, supply chain management, procure to pay
