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Spend Analysis versus Spend Intelligence: More Than a Semantical Difference
I believe the phrase "spend intelligence" to be misleading. To me, it sounds like a new take or sub-segment of business intelligence software applications which offer analytics and dashboard capabilities and sit on top of existing systems of record. The problem is that spend visibility and analytics is much more complex, requiring data cleansing, rationalization, classification and other efforts which go far beyond what is needed to gain insight into basic HR, financials, IT and other internal information, which fall cleanly in to the BI camp.
Undiscovered Diamonds for 2008: Finding the Acres of Diamonds in an Evolving Market (Certify Profile)
“For every acre of that old farm, yes, every shovelful, afterward revealed gems which since have decorated the crowns of monarchs.” From Acres of Diamonds by Russell H. Conwell

eWorld The Gateway Venue to the UK and Europe eWorld Purchasing Supply A Revolution Event Profile
In a world of increasingly “same old, same old” and “been there, done that” experiences the eWorld franchise is a breath of freash air . . . and not just because I was one of the speakers at this year’s conference in London.
Is There a Difference Between a Material Requisition and a Purchase Requisition? (A PI Q&A)
Network Member Question Can anyone advise me of the difference between a material requisition and purchase requisition? Manal Al-Asousi Manager, Operations & Projects Development – Kazema Global Holding Co. Kuwait

What would you prefer for cost cutting, Offshoring or Process Improvement? (A PI Q&A)
Network Member Question It is quite common to jump on the bandwagon of offshoring to cut costs. Some are questioning the productivity of this approach. What do you think should be given more preference and how would you drive the implementation? Dr. Ravi Pandey Executive Coach, Management Consultant (Lean/DMAIC/DFSS, and Business, Product & Operations, Healthcare Transformation) Orlando, Florida

Other supply chain initiatives Related Articles

Dangerous Supply Chain Myths (Part 3)
Segment 3 – Multiple Supply Chain Networks: An Issue of Timing versus Concept Validity? Multiple Supply Networks The tail of the supply chain needs to be tailored to each developing market and this will require domestic partners to help execute fulfillment and delivery. In addition, good risk mitigation requires flexibility and diversity in your supply chain and supporting networks.

Dangerous Supply Chain Myths (Part 7)
Segment 7 – Enabling Technology: The Emergence of the Metaprise Enabling Technology Technology is the key in the supply chain organization of the future. The right technology will enable enterprise-wide supply management, external supply chain visibility, and internal and external collaboration.

Are Multiple Supply Chain Networks Important? (A PI Q and A)
I recently posed a question on the importance of Multiple Supply Chain Networks which, within a matter of several hours, elicited 14 responses from around the world. And while the majority of respondents felt that the findings from an ISM, CAPS and AT Kearney 2006 report were not indicative of general market sentiments, it nonetheless has proven to be an issue that is of considerable interest to supply chain professionals and academics. As a result, over the next week I will share the answers as well as corresponding discussion tracks starting today with the response from a Senior Director Supply Chain Operations in the Apparel & Fashion Industry in the United States.

What is the Value in your Supply Chain A PI Q and A
Member Question: What is the difference between Supply Chain and Value Chain? My Response: To begin, the reference to supply or “value” chain is a misnomer in that it implies a sequential architecture. This is a term that is on its way out as an organization’s supply “practice” is actually centered on the synchronization of diverse stakeholders sometimes spanning multiple supply networks. This is an important distinction given the impact that real-world synchronization has on theories such as value chains. That said the concept of the value chain was first introduced by Michael Porter in 1985 in his book, Competitive Advantage: Creating and Sustaining Superior Performance.

What is the best type of Graduate Degree for a Supply Chain Professional?
Member Question: What is more useful in terms of applicability for a young supply chain professional...an MBA or a Masters in Supply Chain Management? Ben, Logistics Engineer
What are the most commom metrics used for Supply Chain?
Member Question: What are the most commom metrics used for Supply Chain? Francisco, Logistics and Supply Chain Professional Argentina
(Guest Post) Optimizing Value in the Economic Downturn [and Recovery]
This article is the second in a three-part series of guest articles on optimization by Dr. Olga Raskina, Lead Scientist, with Emptoris, the supply and contract management solutions provider. As we push on through the troubled economic environment, corporate leaders are laser focused on bringing supply chain management under tighter financial guidelines. An article I recently read in Supply Chain Digest highlighted the typical urgency felt by procurement managers to cut supply chain costs.
Did an Anti-North American Sentiment and Arrogance Undermine Andersson's Tenure at GM?
On the August 11th PI Window on Business Show I spoke with three time honoree as a Supply and Demand Chain Executive's "Pros To Know," and co-author of the book "Transform Your Supply Chain" Bill Michels, regarding General Motor's precipitous fall in relation to their supply chain strategy.
Supply Chain Strategies: Utilize Factoring Services to Strengthen Links
Things have changed pretty drastically in the world of commercial financing over the past couple of years, forcing drastic changes in small business financing as well, both yours and the companies you sell to. Just as importantly, the business of your suppliers has also changed. A strong supply chain has always been important in business, but it's absolutely crucial today. Many B2B entrepreneurs are finding that factoring services are a great way to help them build a strong supply chain. Here are four crucial ways factoring services can support your supply chain.

The Power of Greening Supply Chains
Sustainable supply chains are an integral part of a rapidly growing trend that is transforming businesses around the world. Many organizations are looking at supply chain sustainability as a new measure of profitable logistics management. Increasing companies are adding value to their offerings by using sustainable supply chain reporting as a central part of their strategy. Puma, Walmart and HP are three examples of companies that are leveraging their buying power to increase sustainability throughout their supply chains. Research funded by the European Supply Chain Institute (ESCI) indicates that IT supply chains afford significant opportunities for carbon reduction.

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