CPO

Forrester Research Rates IBM a “Leader” in Contract Lifecycle Management

The average Fortune 1000 company can maintain around 40,000 active contracts, often with obligations that number in the tens of thousands considering the nature of complex services agreements. Surprisingly, most contracts are still being managed using manual processes or with very limited technologies. The status-quo approach often leads to poor visibility and control over contracts, […]

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5 Steps to Harnessing the Power of Supplier Innovation

“Innovation distinguishes between a leader and a follower.” It’s one of the well-known quotes attributed to Apple’s founder and former CEO Steve Jobs. Jobs knew that innovation creates value, and creates success. The inverse can be true as well. With a nod to Charles Darwin, it’s not always the strongest company that survives, it’s the […]

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Top 5 Trends Shaping the Modern Procurement Landscape

  We make it a point to stay ahead of the curve and understand the critical challenges and priorities for procurement organizations at Fortune 1000 and Global 2000 companies. The IBM Institute for Business Value (IBV) Chief Procurement Officer (CPO) Study is a prime example. The IBM IBV CPO Study surveyed more than 1,000 procurement executives across 41 countries […]

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Driving Efficiency and Efficacy in Contract Management

Last week I had the opportunity to listen to the Supply Chain Solution Manager at ConocoPhillips, the $62 billion global energy company, speak about how his company streamlined and built a more effective contract management process by leveraging IBM Emptoris Contract Management. Taylor Smith presented a case study that echoed many of the challenges that […]

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Why Procurement Should Lead the Way on Corporate Social Responsibility

What kind of Chief Procurement Officer (CPO) gets a seat at the corporate leadership table? According to the IBM Institute for Business Value (IBV) Chief Procurement Officer (CPO) Study, one of the largest known surveys of procurement leaders, the key attributes of leading procurement organizations are that they are capable, influential and innovative. The study […]

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Big Data: A Big Focus For Procurement Organizations

A business’ capacity to generate and store data has doubled approximately every three years since the 1980s. By 2020, analysts estimate that businesses will have 300 times more data available to them than they do today. Of course, that data will do little to enhance business objectives unless it can be effectively captured, managed and […]

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IBM Positioned in the Leaders Quadrant in Gartner Magic Quadrant for Strategic Sourcing Application Suites

I am proud to announce that IBM has once again been positioned in the “Leaders Quadrant” the latest Magic Quadrant research report from Gartner, one of the world’s leading technology research and advisory firms. The Magic Quadrant for Strategic Sourcing Application Suites evaluates 29 leading sourcing and supply management software providers across 15 broad criteria and […]

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Insights from Procurement Leaders Forum

The following is a guest blog by Patrick Quirk, CEO, IBM Emptoris. On Wednesday, I was fortunate enough to attend the Procurement Leaders Forum in Boston, where several dozen chief procurement officers (CPOs) gathered to discuss “the path to influence, alignment and value.”  There was an energetic discussion on how the role of the CPO, […]

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Is Your Business Protected?

Global information technology organizations have historically done a pretty good job at building and maintaining a series of locks and dams that controlled the flow of data and information both into and out of corporate information systems.  As the trend shifts away from corporate owned and regulated Blackberry devices to a broader array of smart […]

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Smarter Commerce & Strategic Supply Management

I’m sure it hasn’t escaped your attention that Emptoris was recently acquired by IBM – on February 1 to be precise. By adding Emptoris, IBM further strengthens its Smarter Commerce initiative — a strategy announced last year to redefine business in the age of the customer. Smarter Commerce is a unique approach that increases the value […]

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Supplier Management – Top of Mind for Some (but is it core to their procurement function?)

I recently had the opportunity to observe an excellent Procurement Leaders executive roundtable in London which Emptoris sponsored. Held in the sublime surroundings of the recently refurbished Savoy Hotel, 11 leading CPOs from diverse industries and iconic global brands, came together to debate ‘Supplier management – tackling risk, reducing cost, maximising value’. Clearly the topic […]

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Aberdeen Research Report: Best-in-Class Spend Analysis

Constantine Limberakis, the senior research analyst for global supply management at the Aberdeen Group, recently penned a new research report, Spend Analysis: The Nexus of Spend Management, which reviews best-in-class spend analysis practices and results based on a survey of more than 130 global companies. Limberakis notes “a continuing struggle for procurement professionals in obtaining […]

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