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by Sanjay J. Poonen, SAP SAPinsider With businesses shifting from a decentralized to a centralized model, the role that procurement must play within the business is changing. Companies now need to create one central procurement organization that can leverage tighter controls, enforce standardized processes and policies, and achieve new efficiencies and savings. In this article, Sanjay Poonen, President of Global Solutions at SAP, discusses key components of setting up a successful, consolidated procurement organization.
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by Chris Salis and Emily Rakowski, SAP SAPinsider In the current market, many companies are focused on bottom-line savings and top-line growth, and the latest wave of procurement technology can help drive both. In this Q&A with Chris Salis, Global Vice President of Procurement Solutions and Emily Rakowski, Senior Director and Head of Procurement Solutions Marketing at SAP, readers can learn how these new innovations are changing the role of procurement.
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by Carolyn Beal, SAP SAPinsider Even with the increased emphasis on cost control that has come out of the recession, maverick or unauthorized spending is still a problem for most organizations, sometimes costing millions of dollars. This article shares six steps to help procurement organizations maximize savings and profits; including obtaining executive sponsorship and collaborating with key stakeholders
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by Frank Suetterlin, SAP SAPinsider Supplier management has evolved from basic recordkeeping and scorecarding to a strategic practice focused on the management of supplier information, performance, compliance, and risk. Strategic supplier management programs can improve visibility and collaboration, consolidate spend, and reduce quality issues. In this article, learn the three principles that are essential to strategic supplier management and how to make such a program work within your organization.
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by Suzanne Miglucci, SAP SAPinsider With so many procurement software licensing and deployment models to chose from, some companies may feel like it would be easiest to play "rock, paper, scissors" to make a decision. However, there is a better way. Read this article to learn about the available licensing and deployment options and discover the considerations for figuring out the best model for you organization.
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by Suzanne Miglucci and Rebecca Hughes, SAP SAPinsider For procurement departments, where budgets can be constrained even when the economy is not in turmoil, lessons learned from those companies that survived the recalcitrant economy are invaluable. Uncover the top four tactics that best-in-class performers employ to elevate procurement proficiencies, along with the metrics they use to measure their success.
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by Henner Schliebs, SAP SAPinsider Procurement analytics — which encompass traditional spend analytics and key procurement measures — provide the key to identifying areas of low performance, optimizing procurement functions, and reducing costs. But what's the best way to configure and deploy a procurement analytics program? This article will walk you through the 4-step process.
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by Lenore Johnson, Rebecca Newell, Bil Khan, and Kishore Bhamidipati, SAP SAPinsider A recurring theme for companies these days is to do more with less. In this primer, you'll learn about SAP's solution extensions — solutions sourced from third parties that provide their own unique benefits and also closely integrate with SAP solutions and key business processes. These offerings allow companies to build on current IT investments, enabling them to create even more competitive, compelling, and holistic solutions.
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by Richard Howells, Paige Leidig, Thomas Ohnemus, and Chuck Pharris, SAP SAPinsider As SAP rolls out compelling new SAP Business Suite enhancements this year, deemed "Innovations 2010," SAP customers involved in operations will want to know what these innovations mean across four functional areas: supply chain, procurement, product development, and manufacturing. Hear directly from four SAP executives, as they explain the business objectives and supporting innovations available in each area.
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by Rosemary Boisclair, SAP SAPinsider Uncover the benefits of an on-demand deployment model (including pay-as-you-go pricing with no upfront capital outlay), especially for sourcing and procurement solutions. This article also introduces the SAP E-Sourcing on demand solution, which combines traditional strategic sourcing processes with seamless integration to SAP ERP.
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