#direct spend

What impact do Commodity Characterstics have on ProcureTech success?

“I did receive your very well-written paper. It is very insightful, and I have some questions that you might be able to answer in a few seconds on our next call. I have seen that approach in the B2C segment, but I have not seen that in the B2B segment. I’m curious to learn so much from someone knowledgeable like you.” – CPO | Advisor | IIT | NUS | Stanford | Exxonmobil | Chevron | E&Y (February…

At what stage do you introduce technology in procurement's digital transformation?

While the direct spend is almost always optimized to within an inch of its life, leaving very little room for further savings, indirect often takes a backseat. However, the heart of source-to-pay lies in indirect goods and services – the domain of the Chief Procurement Officer (CPO). Managing them effectively requires specialized expertise and purpose-built tools, honed to streamline…

In which spend category is Tealbook, Tamr, tray.io, and Celonis strongest - Direct or Indirect, and why?

Direct and indirect procurement have never looked more different. And I expect a decoupling of the two areas in 2024 . . . I see a decoupling of direct and indirect on the horizon based on the evidence at hand — at least in the near term. – Jason Busch, LinkedIn Post (October 27th, 2023) My thoughts on the above . . . Great post, as usual, Jason Busch! You speak a fundamental truth. Why did…