e-Procurement

Driving expenditure management excellence with the numbers on your side

 

Mclaren_Mercedes_F1.jpgControlling an 800-horsepower Formula-1 racer by relying on mere arm muscles and foot sensitivity can turn out to be a dangerous exercise, said Michael Schumacher. Similarly, making trusted and confident supply chain decisions requires analytics of more than pencil, paper and Excel spreadsheets, Keertan Rai, of Ariba Expenditure Visibility, tells SmartProcurement.

Does procurement's future lie in the cloud?

 

CloudFuture.jpg"Procurement is essentially an activity where most of its key processes happen with agents who are outside your company and so it has a high affinity for cloud computing ('the cloud')," says James Marland, Vice President: Network Growth for Ariba, an SAP Company, tells SmartProcurement.

Moving Localised Procurement into a Global System

 

Kala_Sivasubramanian.jpgInternational organisations committed to continuing operation in South Africa have likely tasked their procurement departments with supporting SA’s drive to increase local production within the economy through increased local procurement. But, when operating on an international scale, how can an organisation’s global procurement system support local procurement while still giving visibility into aggregate spend volumes? Furthermore, if they work with SA’s public sector, how do they build compliance with local content regulations into their global procurement systems at the same time?


Kala Sivasubramanian, a procurement manager from Global Services at Ariba, an SAP Company, discusses the level to which cloud-based procurement solutions can be customised to support country-specific requirements, in this month’s SmartProcurement.

Are you Nephophobic? Overcome your fear of the Cloud

 

FearOfCloud.jpgWhile helping his daughter with her Ancient Greek, James Marland was reminded that it’s easy to construct plausible English words out of Greek stems. One of the broadest sets of such words is lists of ‘phobias’: fears that range from the well-known claustrophobia and xenophobia to the unlikely Koumpounophobia (fear of buttons). After looking up the Greek for “cloud” he came up with the word Nephophobia.


Nephophobia (n): fear of clouds, in this month's SmartProcurement.

Which came first: the barcode or the egg?

 

egg_barcode.jpgJames Marland - Vice President of Network Strategy, Ariba, an SAP Company


Do you remember the days before barcodes? All the goods in shops needed a pricing sticker, which meant someone would have to trundle round the stockroom or the floor tagging items with a pricing machine, and then the till operator would manually enter the price into an adding machine at the till. Quaint, huh?

A commerce network - building a bridge from both sides

 

SydneyHarbourBridge_1930.jpgThe photo alongside of the construction of iconic Sydney Harbour Bridge got James Marland, Vice President of Network Strategy for Ariba, an SAP Company, thinking. Work began on the landmark structure in 1925, and the construction work moved steadily inwards until it finally met in the middle five years later. While you won’t find him viaduct-spotting or waxing lyrical about trusses, Marland saw some striking similarities in the way that a commerce network is created, in this month’s SmartProcurement.

In search of a true Business Network

 

holygrail.jpg“He says he’s already got one.”


The above quote comes from Monty Python, when the King asks a French soldier to join the quest for the Holy Grail. The French soldier says he is not interested as he’s already got one. James Marland, Vice President of Network Strategy for Ariba, an SAP Company, sometimes gets a similar reaction when he talks about the business network: “We’ve already got one,” although not usually in a cod-French accent.

View the clip here

This “other solution” often takes the form of a portal, an EDI connection, an industry marketplace, an outsourced scanning solution or some combination. In this month’s SmartProcurement, Marland identifies the ten key characteristics of a business network.

Reducing transaction costs - the end of the firm?

 

RonaldCoase.jpgThe man who introduced the concept of transaction costs recently passed away at the age of 102. Interestingly, his 70-year-old theory explains organisations’ vertical integration in the first half of the 20th century and their contradictory aggressive outsourcing more recently. But how is the lower transaction cost offered by the Internet revising the theory? asks Ariba’s James Marland, Vice President of Network Strategy, in this month's SmartProcurement.

 

Unlocking SA's multi-billion e-procurement market

 

SDandRSP.jpgSouth African supply chain consulting specialist Resolve SP has partnered with Irish software company SourceDogg to deliver effective e-sourcing.


The partnership will bring SourceDogg’s e-procurement solution to the South African market. The announcement was made during the Enterprise Ireland trade mission to South Africa led by Minister for Trade and Development, Joe Costello.

Millennials' tech expectations empower the other 6 billion (Part 2)

 

CustomerServiceGenerationY.jpgMillennials in the developed world are driving the adoption of technologies that facilitate commerce in the supply chains of the developing world.


As developed nations mobilise their workforce and embrace new models of business, such as The Networked Economy, developing nations are benefiting from the wave of simple, streamlined and mobile solutions, for which they can thank the expectations that Millennials have of technology, says Richard Downs, Director, Solutions Marketing – EMEA, Ariba, an SAP Company, in this month’s SmartProcurement.

The 'Millennials' workforce will change the supply chain (Part 1)

 

millennials_1.pngWhile on a search around the web, Richard Downs, Director, Solutions Marketing – EMEA, Ariba, an SAP Company, came across a statistic which made him ponder how traditional business challenges will change in the future: 75% of the workforce in 2025 will be ‘Millennials’.


In part one of two, Downs wonders how traditional procurement challenges will change as businesses start to recruit Millennials in vast numbers.

Current procurement methods do not support mini budget's austere measures

 

TraceyShaw.jpgMany of the key items subject to austere measures under Finance Minister Pravin Gordhan’s mini budget fall under the Travel and Expense (T&E) portfolio.


While these cost-cutting measures are a step in the right direction to curb excessive spending, Tracey Shaw, of travel technology company TraveluXion, wonders how they will be implemented in practice if procurement methodologies are still outdated and dependent upon fragmented processes across various suppliers, without any supporting technology?

How networked is your enterprise from a Supply Management perspective?

 

NetworkedEnterprise.jpgChances are you are already on Facebook, LinkedIn, and other networking sites to expand your personal network. And you have experienced first-hand their power to connect you to the right people and prospects faster.


But how networked is your enterprise?


The answer can be a major determinant of your business’ success, says Rob Mihalko, who oversees Ariba’s, a SAP company, overall seller marketing initiatives, in this month’s SmartProcurement.

Does your organisation qualify for procurement card benefits?

 

ShoppingCart.jpg“In my experience the best explanation is an example of what happens when a procurement card (P-Card) is NOT used,” says Anita Carolus, Nedbank Corporate Card National Sales Manager, in this month’s SmartProcurement.

Six steps to e-commerce success (Supplier Perspective)

 

RobMihalko.jpgJust as consumers use Facebook, Twitter, and Amazon.com to better communicate, share, and shop, organisations are now making the most of the available on-line networks to more effectively collaborate and interact with their trading partners.


B2B e-commerce continues to gain traction in the marketplace, with an increasing number of organisations taking a closer look at how to leverage it to drive sales and, ultimately, revenue. The potential for significant top- and bottom-line benefits is a compelling reason to adopt B2B e-commerce. Yet, many misperceptions exist and the confusion is causing many organisations to miss out on the exceptional rewards that online channels have the potential to deliver, says Rob Mihalko, who oversees Ariba’s, a SAP company, overall seller marketing initiatives, in this month’s SmartProcurement.

10 tips for driving e-invoicing adoption

EtoshaThurman.jpgMore organisations are turning to electronic invoicing (e-invoicing) to extend business process improvements to the accounts payable function. However, moving from paper invoicing to e-invoicing is not just a technological shift. It’s a crossing that involves change, in the way trading partners do business together and in the processes organisations use to manage invoices and pay suppliers. Without proper attention to these changes, an e-invoicing initiative will fall short of its objectives.

 

With that in mind, Etosha Thurman, Managing Partner - Networks Programs at Ariba, an SAP Company, provides 10 things you can do to drive successful e-invoice adoption.


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