Collaborative Sourcing and Procurement
Welcome to the home of Collaborative Sourcing & Procurement - for sourcing and procurement industry trends.
Increase Revenue and ROI through Innovation in Collaboration
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April 21, 2011 by Dan Kopetsky | |
Pragmatic definition of enterprise collaboration: "...simply a process where teams work together to achieve business-driven goals." |
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Aberdeen Group's March 2011 research report on Real Time Collaboration presents the advantages of companies who are on the leading edge of collaborating across their companies and collaborating with external partners. These advantages are summarized below.
While not directly discussed within the Aberdeen Group report, social network platforms will undoubtedly become a key driver of real-time collaboration in the development of products, se... view entire article »
How Procurement & Finance Can Collaborate
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January 21, 2011 by Dan Kopetsky | Subjects: Finance, Reporting, Inventory |  1 Comment » |
1. Agreeing on Cost Savings Reporting Standards
When procurement departments use the term "cost savings," they are often referring to price reductions. When CFO's hear the term "cost savings," they often expect to see a reduction of expenses from the previous year's income statement to the current year's. Not every price reduction is reflected on the income statement like that and, as a result, some CFO's doubt Procurement's cos... view entire article »