May 18, 2018

Here's a look at where Source One's cost reduction experts have been featured this week!

Corcentric, a leading provider of Procurement and Finance automation solutions, has acquired Source One Management Services. Founded in 1996, Corcentric has helped thousands of companies unlock hidden value and optimize the ways they pay, purchase, and get paid. As a Corcentric company, Source One will continue to pursue its mission of driving the Procurement function forward.

New Whitepaper:
Procurement Transformation: Industry Perspectives 
Source One's Strategic Sourcing experts are proud to announce a new whitepaper series. Published in five parts, Procurement Transformation: Industry Perspectives will provide reflections and insights from a collection of Supply Management thought leaders. Jim Baehr kicks off the series with "Procurement Transformation: Then & Now." Throughout his contribution, Baehr looks back on the history of supply chain management, charts the evolution of Procurement, and offers transformation best practices for organizations at any maturity level.

Recent Blogs:
Finding Decentralized Solutions for MRO Spend Management
Michael Croasdale, Thomas Net, 5/14/2018
The MRO category is an intimidating one for many Procurement professionals. Considering the spend area too labor intensive and complicated, many organizations leave it un-reviewed for extended periods. When they finally get around to reviewing their MRO, many organizations find themselves faced with rampant inconsistency and lost savings. Typically, these leads them to hunt for quick-win solutions like consolidating spend to "catch-all" suppliers. Croasdale offers his suggestions for more effectively managing decentralized MRO spend. Simple solutions, he reminds readers, are almost never effective.

Recent Podcasts:
Procurement Transformation: Then & Now 
Sourcing Strategies Group's Jim Baehr joins the Source One podcast to discuss his contribution to Procurement Transformation: Industry Perspectives and provide additional insights. Beahr discusses the ongoing evolution of the Procurement function, suggests some must-read texts, and offers his predictions for the future of Procurement Transformation.

Navigating Supply Management Conferences
ISM2018 has come and gone, but supply chain conference season is just getting started. Jennifer Ulrich - Source One's Associate Director and Procurement Transformation Practice Lead - shares some tips for professionals looking to make the most of this year's supply management events. Calling on her experience as both an attendee and a presenter, she presenting a collection of networking best (and worst) practices. 
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