Mediacenter

The ProcureCon Team created this report from a survey of more than 65 practitioners from national and multinational corporations from companies like BP and Wells Fargo, all of whom filled out the survey while in attendance at the ProcureCon Indirect West event last September. Other key insights of the report include: •    61% of respondents said their company’s procurement transformation from tactical to strategic is right on schedule •    More than 50% of participants believe that procurement is received well or very well within their organization See how your firm compares to your peers and competitors by viewing the results throughout this report.

White Paper: Broadening the CPO Mandate Through Procurement BPO In every discussion we have regarding extending the scope of procurement’s responsibility, chief procurement officers (CPOs) face the same three questions: How will your customers and procurement staff collaborate? Do your procurement professionals have sufficient category expertise to add value? Are there enough skilled procurement professionals within the team to handle the volume of buying? Until recently, the answers to these questions have been routine: policy, process, technology, hiring, and training. However, the reality of execution is more complex.

This paper discusses the concept of ‘short-term financial gains’ at the cost of‘long-term sustainability’, which is demonstrated by the saying ‘penny wise,pound foolish’. The premise is that there is a need to avoid short-term procurement strategies during financial crises, which could compromise long-term success. The paper’s central theme is built around the popular management model Porter’s 5 Forces, and we correlate the theories in this model to the real world challenges of procurement and how they can provide along-term cost efficient solution. Click the image to the left to download the PDF.

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The Director’s Report: Delivering Value Over Cost on the Pharmaceutical Supply Chain   Drawing on more than 12 weeks of intensive research and interviews with the leaders of procurement in the pharmaceutical space, "The Director's Report" of ProcureCon Pharma offers a comprehensive overview of topics like:   -Reducing Costs & Delivering Consistent Value in the Healthcare Sector -Driving Innovation in the Pharmaceutical, Generics & Biotechnology Space -Current Issues on the Pharmamceutical Supply Chain -What's Ahead For ProcureCon Pharma Click the image to the left to download the exclusive report on the trends and drivers in pharmaceutical procurement for 2014 and beyond.

A careful spend analysis that ties technology and consulting expertise can help convert senseless raw data into strategic sourcing opportunities to achieve savings.  Click the image to the left to learn why we need Spend Analysis.

Fordecades, the pharmaceuticals industry was the darling of Wall Street,delivering high margins and steady growth rates through long-held patents andinnovative products. Click the image to the left to learn more about what Accenture had to say on the topic.

Contingent Workforce Management Trends Report 2014 How Procurement is Leveraging Digital Solutions to Achieve Transformation Goals For the 7th year in a row, ProcureCon Indirect, the leading event for innovation in Indirect Procurement Transformation and Category Management, surveyed its audience of attendees to uncover trends and challenges surrounding contingent workforce management. Click on the image at left to download the full report and determine how your own firm stacks up against other procurement institutions making strides in contingent workforce management.