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Blog

4 Types of Spend Procurement Needs to Manage

Feb 1, 2021

Identify the four types of spend that can boost your organization’s bottom line.

Procurement Spend Management

Different Perspectives of Maverick Spending

Jan 22, 2021

The dictionary defines a maverick as an unorthodox or independent-minded person. Think of Tom Cruise’s character, Maverick, in the movie Top Gun. He w…

Spend Management

Scanmarket Expands Spend Analytics Capabilities

Jan 14, 2021

Scanmarket is pleased to announce the acquisition of MIA Data, an analytics technology company specializing in artificial intelligence and machine lea…

Spend Management

Exchanging Cash for Digital Currency

Dec 4, 2020

Over the centuries, the lure of treasure has piqued man’s curiosity and launched a thousand ships. During the Age of Discovery, European monarchies sp…

Digitalization

The Impact of COVID on Supply Chains

Nov 27, 2020

The impact of the Coronavirus on supply chains has been rapid, and it's affected businesses worldwide. Connecting digitally has been vital to minimize…

Supplier Relationship Management

How Scanmarket is Helping Clients Through COVID

Nov 11, 2020

The impact of the Coronavirus on supply chains has been dramatic, and it's affected businesses worldwide. Connecting digitally has been vital to minim…

Strategic Sourcing Supplier Relationship Management

Global Trends in eAuctions

Oct 29, 2020

Services spend is now the leading category for eAuctions globally resulting in an average cost savings of 14.77%. Yet category managers, sourcing exec…

eAuction

Q3 2020 eAuction Savings Report

Oct 27, 2020

Every quarter, Scanmarket reports on statistics covering insights into the savings performed by eAuctions executed globally. 

eAuction

Do's and Don'ts of Digitalization in Sourcing

Oct 22, 2020

Digitalization of sourcing is the process of leveraging digital technologies to conduct all elements of the sourcing process such as finding and evalu…

Digitalization

The New Panama Canal: A Supply Chain Game Changer

Oct 14, 2020

Secretary of the U.S. Navy George M. Robeson wrote in an 1870 letter to then Commander Thomas O. Selfridge, "Sir, You are appointed to the command of…

Procurement

Finding New Areas of Impact for Procurement

Sep 23, 2020

Aligning procurement projects with business priorities helps sustain influence. In a crisis, the primary objective of procurement is to ensure busines…

Procurement

Building a Procurement Center of Excellence

Sep 9, 2020

Communicating Procurement’s value to broader business goals will help increase operational efficiencies, build stakeholder alignment, and drive compan…

Procurement
 
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