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Emerging Best Practices to leverage your MRO spend

Unlike e-commerce, MRO sourcing goes beyond the ease of ordering, price points, and product lines. Instead, MRO procurement is benefited from supplier relationships, account management, and inventory management.

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Interview: Robust Workflow Architecture key to Spend Analysis exercise

Beroe recently interacted with SimPPLY, a spend analytics solutions provider based in Sydney, Australia, to gather insights on how best to reap the benefits of a spend analysis exercise.

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Managing Indirect Spend -- A New Approach

Indirect spend, which accounts for around 35 to 45 percent of a company's overall spend, has become a major headache for most of the category managers. Optimizing one’s indirect procurement could result in considerable savings -- but what’s the best approach?

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Beroe LiVE Poll: Spend Under Management

We ran a poll among users of Beroe LiVE, a community of thousands of procurement decision makers, to find out an organization’s average spend as percentage of revenue for categories such as Logistics, Warehousing and Marketing.

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Previous editions of Procurement Espresso e-magazine

26 January, 2020

Top Ten Supply Chain Trends -- 2020

In this guest post, NC State University’s Dr. Rob Handfield lays out top ten..

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12 January, 2020

Category Forecast - 2020

Beroe's Customer Success Leads -- in partnership with the research analysts --..

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15 December, 2019

Voice of Procurement

As 2019 draws to a close, here we present the top Interviews and External Contribu..

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01 December, 2019

Up In the Air: Tales of Travel

Procurement is mostly seen as a desk job. Not many know that sourcing managers tra..

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17 November, 2019

Interview: Tariffs are the new normal; Procurement to play key role in localization

Dr Rob Handfield, Professor of Supply Chain Management in NC State University, tel..

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03 November, 2019

Beroe Live Poll: Procurement Spend And Supplier Checks

We ran a poll among users of Beroe LiVE, a community of thousands of procurement d..

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20 October, 2019

Interview: “We are challenged by the government to improve efficiency”

Steven McLaughlin, NHS Scotland’s Head of Procurement, described to Beroe in..

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06 October, 2019

Procurement Beige Book OCT 2019

Log on to Beroe LiVE and visit interesting reads -> Special Reports section to ..

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22 September, 2019

Interview: Ability to Tell Data-based Stories will be a Key Asset

In an interview with Beroe, Michelle Baker, the Chief Procurement Officer (CPO) of..

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08 September, 2019

Interview: “We Support our Business Stakeholders like Internal Consultants”

In an interview with Beroe, Carlo Baus, Head of Global Strategic Sourcing at Bose ..

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18 August, 2019

Interview: Demand Management is Like Spending Your Own Money

In an Interview to Beroe’s Procurement Espresso, Jeremy Fry, a demand manage..

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04 August, 2019

Going Beyond Compliance to Drive Performance

In this exclusive article for Beroe’s Procurement Espresso, EcoVadis co-CEO ..

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21 July, 2019

CPO to CEO -- The Road Ahead

Tim Cook is arguably one of Procurement’s best ambassadors. Steve Jobs hired..

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07 July, 2019

What happens when assurance fails?

When suppliers lose the trust of the supply chains they depend on, it can have cat..

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03 July, 2019

Welcome To The IT Procurement Community

Interesting stories from IT Sourcing domain..

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23 June, 2019

The role of AI in Procurement

In the procurement vertical, AI is making a perceptible progress from being a deci..

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09 June, 2019

Interview: “I get to practice what I preach”

Kai Nowosel, the Chief Procurement Officer (CPO) of Accenture, talks about his jou..

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12 May, 2019

Interview: A Digital Tool for Better Supplier Negotiations

Lubos Libiak, head of procurement at MALL Group -- a leading e-commerce platform i..

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28 March, 2019

Interview: UK businesses, not Parliament, bear the financial cost of Brexit

Brexit has been temporarily postponed. As things stand, it could happen either on ..

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17 March, 2019

Industrial Vending Machines transforming VMI in MRO sector

Vendor Managed Inventory (VMI) has extended its scope to industrial vending machin..

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03 March, 2019

Blue Blood Alternative

Horseshoe Crab’s blue colored blood is used to detect endotoxins in drug pro..

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17 February, 2019

Getting the most out of your suppliers via Innovation

Procurement Organizations have several options to induce Supplier Innovation. Appr..

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03 February, 2019

Emerging Cities for Sourcing Centers

Procurement Organizations make great efforts to find a suitable location for their..

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20 January, 2019

UCB CPO on Stakeholder Management

Procurement has long been blamed for not fully understanding the business needs , ..

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06 January, 2019

Category Forecast 2019

Log on to Beroe LiVE and visit Interesting Reads -> Special Reports section to ..

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02 December, 2018

Poll: Sourcing Managers Expect Annual Cost Savings of up to 5 percent

We ran a poll among users of Beroe LiVE, a community of thousands of Procurement d..

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18 November, 2018

Interview: Simplicity was the key to transform Facilities Management

Multinational consumer goods and tobacco company, Imperial Brands, had won the Sil..

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04 November, 2018

Organization-wide Deployment of Smart Contracts is not a reality yet

Chasing the dream of fully automated contracts is not a new phenomenon In fact, ac..

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21 October, 2018

Robust supplier audit process is a must

Audits, by their nature, need to be carried out by independent bodies -- not influ..

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07 October, 2018

Supplier Compliance is ripe for tech disruption

While many service providers offer cloud-based technology, none so far offers an o..

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23 September, 2018

The Procurement Beige Book

The comprehensive report first of its kind - demonstrates whether the current cond..

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09 September, 2018

Interview: Bayer CPO on his team winning Best-in-Class Gold award

Beroe recently interacted with Bayer CPO Thomas Udesen after the pharma giant won ..

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26 August, 2018

Interview: Robust Workflow Architecture key to Spend Analysis exercise

Beroe recently interacted with SimPPLY, a spend analytics solutions provider based..

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12 August, 2018

Leaders’ Corner: Category Lifecycle Management in Five Steps

Thierry Fausten of Cranfield University School of Management writes that Category ..

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29 July, 2018

Poll: Sourcing Managers Expect Annual Cost Savings of up to 5 percent

We ran a poll among users of Beroe LiVE, a community of thousands of Procurement d..

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15 July, 2018

DIGITALIZATION: EITHER ALL OR SOME

Selective technological interventions to address operational inefficiencies can al..

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01 July, 2018

IT’S NOT “US VS THEM”

It’s usually tough for business stakeholders to accept that someone else wou..

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17 June, 2018

Best-in-Class 50 (2018 Edition)

Companies that do well on the procurement front also tend to create more value for..

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03 June, 2018

Extend payment terms without hurting suppliers

If planned well, a firm’s supply chain can act as a source of inexpensive ca..

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20 May, 2018

Six Steps to transform Capex Procurement

Capital expenditure (Capex) has always been on top of every CFO’s agenda. Ho..

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06 May, 2018

Beroe LiVE Poll: Center-led model gaining traction

The differences between the operating models are often more nuanced than one might..

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22 April, 2018

Battery Shock: the brewing battle for Nickel Supplies

With the growth of electric vehicles, supply shortage is expected in the Class 1 N..

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08 April, 2018

Consulting Cost: Demystified

Globally, companies on an average spend more than $250 billion on management.

..

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18 March, 2018

Procurement’s Billion Dollar Impact

Patient Recruitment and Retention is an important step in the drug discovery proce..

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18 February, 2018

Key Role In Reducing Green House Gas Emissions

Amidst all debate around climate change, if one were to ask whether procurement or..

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04 February, 2018

Sourcing In The Age Of Distraction

As their profile rises, Procurement managers would find it tough to manage the sur..

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21 January, 2018

Special Reports - The Procurement Beige Book (Q4 2017)

The comprehensive report first of its kind - demonstrates whether the current conditi..

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07 January, 2018

2018 : Procurement Categories Forecast

As procurement organizations become more strategic, the power of market information w..

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03 December, 2017

Procurement: Glass Ceiling Cracked, Not Broken

Although women comprise 37 percent of the managerial cadre across procurement orga..

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19 November, 2017

Shop Online For Services Through E-catalogs

Catalog buying is becoming popular for high volume services, which cuts down the t..

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05 November, 2017

Key Role In Reducing Green House Gas Emissions

Amidst all debate around climate change, if one were to ask whether procurement or..

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22 October, 2017

Tequila How To Spot A Coming Crisis?

Agave, the feedstock used to make the famed Tequila drink, is in short supply sinc..

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09 October, 2017

Zen And The Art Of Supplier Management

According to a recent survey, 70 percent of suppliers said that a majority of thei..

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24 September, 2017

Procurement’s Halal Problem

As there is no single global standard, Halal compliance and supplier selection can em..

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03 September, 2017

The Procurement Beige Book (Q3 2017)

The comprehensive report first of its kind - demonstrates whether the current conditi..

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20 August, 2017

Battery Shock - The chase for lithium

Thanks to explosive growth of electric vehicles and other gadgets, the share of ba..

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06 August, 2017

Know Thy Washing Machine

The quirky tale of washing styles and sourcing impact.

..

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23 July, 2017

Is procurement ready for Big Data Analytics?

While most companies believe in the impact of big data analytics in their supply c..

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06 July, 2017

Gen Z And Procurement: Made For Each Other

They are willing to commit to a cause in exchange for a satisfying employee experi..

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