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Procurement disruption
Change is coming, are you ready?
Dr Jonathan Betts – Market Development Director, 09 March 2016
Control
Agenda
Our Findings
About Us
The Future
#PTS16
Integration
Contract
Invoicing
Catalogue
eProcurement
Sourcing
The Big Five
Disruption #1: Squeeze Returns
Training down by a third
Recruitment down by a quarter
Less than 1 in 20 prioritising talent
acquisition/development
0.0%
10.0%
20.0%
30.0%
40.0%
50.0%
60.0%
Plan to invest in technology Plan to invest in some
procurement training
Reduced investment in 2015
Investments in procurement functions
2014 2015 2016
Disruption #2: Sector Challenges
Which sector will face the biggest challenges
in 2016?
Disruption #3: Strategic Advance
Disruption #4: Data Focus
Ease-of-use and data accuracy –
the most important features for a
successful procurement solution
53%
Disrupted vs Disruptor
Innovation
Missing
the Point
Hard vs Soft Trends
Cost Reduction
Agile
Future
Thank you Pick up the PTS16
whitepaper at our
standjonathan.betts@sci-ware.com

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Procurement disruption: Change is coming, are you ready?

Editor's Notes

  1. Automation – UCL have over 100k invoices coming through the system Automated.
  2. Sourcing – More people are looking at eRFX, eSourcing as a great way to ensure you are getting a good deal but what if you don’t really have the right data to understand your volumes or spend in certain areas? Spend & Performance Analytics – Supplier Information Management is key - how do you measure or manage supplier performance? Contracts – Contract formation (workflow) – for sign off, SLA monitoring, Alerts, Measure performance Catalogue - (Mention, eServices, Free Format here,) – Data quality is king! eProcurement – Workflow, Approvals Network – it is important that we remove as much rekeying of data across the SW network as possible, Integration to ERP, cXML Orders, eInvoicing – all integrated to improve efficiency and reduce errors. Improved Order fullfillment. eInvoicing can provide up to a 97% match rate – reducing manual intervention. SIM – Managing your supplier information (Masterfile) integration and information flow to other systems. Managing things like Insurances / certifications and providing portal and self service for suppliers to update. Alerts if not etc.
  3. Automation – UCL have over 100k invoices coming through the system Automated.
  4. Automation – UCL have over 100k invoices coming through the system Automated.
  5. Automation – UCL have over 100k invoices coming through the system Automated.