Fairmarkit, which claims to bring you from requisition to PO in as little as 5 minutes (or 5 seconds if you turn on full automation) is a provider of an autonomous sourcing solution for all tactical spend, and tail spend in particular (with more Fortune 500 customers using it for Tail Spend than any other […]
Now, it’s true that this blog is focussed on Source-to-Pay and it’s true that, as a result, we usually focus on Strategic Sourcing Decision Optimization and occasionally on Logistics-focussed Models and Optimization Solutions, as that what’s typically needed for a Sourcing Professional to make the optimum buy, but this time we’re going to make an […]
In this series we went over the ten best practices that you as a startup or small vendor should be aware of and address appropriately if you want any hope of growing and scaling a successful vision beyond blind luck. We did this because the majority of analysts and experts don’t give you this insight […]
A few weeks ago we wrote about Five Easy Mistakes Source-to-Pay Tech Buyers Can Avoid in their effort to procure a fit-for-purpose technology solution to help them with their current challenges because the wrong solution can often be worse than having no solution at all. However, and this is one thing the doctor knows very […]
Recently on LinkedIn, someone asked the trick question of which came first: process or technology. The answer, of course, was people since, when Procurement, the world’s second oldest profession, started, it was just a buyer haggling with the seller for their wares. and this is how it was for a long (long) time (and in […]