Financial Executive Magazine Robert A. Rudzki April 1 st , 2006 New technology is of value only if it provides a suitable financial return . . . Unfortunately the benefits claimed are often unrealistic and unsubstantiated.
This leads to significant creditability issues . . . And to a lack of confidence . . . http://www.fei.org
Yes, Virginia! Looking beyond the technology Process, not technology drives business and results
Yes, Virginia Enhanced supplier engagement Standardization Real world visibility Best “value” Flexibility Reliability Standardization Quantifiable savings Achieve performance objectives (Expedited Delivery) Minimal support requirement (Support) Fast ROI (Productivity) Increased efficiency Reliability (Responsiveness) Good budget fit Ease of use (Training & Support) Ease of integration with back-end ERP Low cost of ownership User Technological Economical
Yes, Virginia! Non-adversarial Enhanced supplier engagement Standardization Maintain or increase revenue Real world visibility Best “value” Flexibility Business intelligence Reliability Standardization Quantifiable savings Convenience and speed Achieve performance objectives (Expedited Delivery) Minimal support requirement (Support) Fast ROI (Productivity) Non-invasive technology Increased efficiency Reliability (Responsiveness) Good budget fit Ease of use Ease of use (Training & Support) Ease of integration with back-end ERP Low cost of ownership Suppliers User Technological Economical
Financial Executive Magazine Robert A. Rudzki April 1 st , 2006 World-class supply practices boost shareholder value: a focus on both direct and indirect spending, including smaller items, can have a powerful effect on corporate performance. Top companies involve their procurement group and other internal functions, plus suppliers, to boost competitive advantage. http://www.fei.org
Business Process Improvement Is IT's Main Mission By Allan E. Alter October 4, 2006 One of the most important lessons from the last 25 years of business computing is that you can't throw technology at a problem and expect it to go away, or fling a system at an opportunity and expect the dollars to rain down. Ziff Davis Media 28 East 28th Street New York, New York 10016 www.ziffdavis.com
Collaboration is driven internally, involving all key stakeholders . . . and takes place outside of the framework of a particular vendor or technology
Shared services within the public sector is in reality an outsourcing arrangement in which responsibility for structure and implementation is transferred to the selected vendor . . . less internal involvement, and more external control
Process Before Technology, Collaboration Before Results!
Procurement Insights Blog Your Link to Thoughtful, Leading Edge Procurement Insights by and for Procurement Professionals URL Link http://procureinsights.wordpress.com/ Yes! Virginia Posts Yes Virginia Revisited! Why some e-procurement initiatives succeed and others don’t! *(A Summit Simulpost) – October 23, 2007 Yes Virginia! There is more to e-procurement than software (Part 2) -September 20, 2007 Yes Virginia! There is more to e-procurement than software (Part 1) - September 12, 2007
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