Verian BLOG
What the Dallas Cowboys Can Teach Us about Purchasing & AP
July 5th, 2011 | No Comments
What the Dallas Cowboys Can Teach Us about Purchasing & AP As the NFL lockout continues and the hoopla of the NFL Draft has died down, there’s not much football left to talk about except memories. Surprisingly, the misaligned relationship between purchasing and accounts payable takes me back to the glory days of the Dallas [...]
Read the rest of this entry »Debunking the ‘Latte Factor’: It’s Not What You Buy, It’s How You Buy It
June 13th, 2011 | No Comments
The following ran as a guest post on Spend Matters: TV personalities Oprah Winfrey and Suze Orman suggest we should deny ourselves simple pleasures like that daily $4 Starbucks latte in an effort to save money, and we’ve seen this view spill over into the corporate arena as well. More and more organizations are being told [...]
Read the rest of this entry »Wish You Were There — U.S. Disputes $3.9 Billion of Pakistani “War on Terror” Invoices
May 26th, 2011 | No Comments
The following ran as a guest posting on Spend Matters: The other day, the Wall Street Journal ran the headline “U.S. Balks at Pakistani Bills.” As I read the article I thought of you, supply chain professionals, and how I wish one of you could have been there when the U.S. struck its deal with [...]
Read the rest of this entry »Can Being Green Put You in the Black?
May 12th, 2011 | No Comments
This appeared as a guest posting on Spend Matters: Although Kermit the Frog doesn’t dress like your average CPO, when he laments “It’s not easy being green,” he certainly sounds like one. Kermit’s famous ode may have been about fitting in, but when today’s CPOs hear the word “green,” they worry about controlling costs. We [...]
Read the rest of this entry »What Do Best Buy and Invoice Automation Have in Common?
May 3rd, 2011 | No Comments
This blog posting was also featured on Spend Matters May 2, 2011. A few months ago, my father asked me to help him buy a new television. Now fully retired, he was looking forward to spending his Golden Years in HD. On a sunny Saturday afternoon, we headed out to Best Buy to pick one out. [...]
Read the rest of this entry »P-2-P in 30 Minutes or Less?
May 1st, 2011 | No Comments
This blog posting was also featured on Spend Matters last month. In the 1970s, Domino’s Pizza introduced “on demand” pizza. The company guaranteed a hot pie at your door in 30-minutes or less, or it was free. Americans love a challenge, many people ordered just to see if the driver could cut through traffic within [...]
Read the rest of this entry »Moving Away from Purchasing by Forgiveness
April 6th, 2011 | No Comments
Many organizations find themselves in a culture of purchasing by forgiveness, where employees buy off-contract and then ask for forgiveness when invoices come in. Does this story sound familiar? A co-worker walks into your office with a sheepish grin on her face. She blurts out, “I’m sorry!” She then explains why she spent $50 at [...]
Read the rest of this entry »Jason Busch on Verian Technologies
March 21st, 2011 | No Comments
In a four part series, Jason Busch of Spend Matters recently provided a very detailed overview of Verian Technologies. From module reviews to customer interviews, Jason Busch presents a comprehensive view of Verian Technologies. He sums up the series with this recommendation: “In short, based on our own review of their modules and our discussions [...]
Read the rest of this entry »Can Vendor Consolidation Improve Your Marriage?
February 25th, 2011 | No Comments
When the recession kicked into full gear in 2009, every business and family started to do financial self-assessments. Our customers were no different. Around that time one of our clients, a Caterpillar dealership in the Southwest, started looking to reduce costs. Using Purchase Manager’s spend-by-vendor reporting, the dealership was able to identify and consolidate its [...]
Read the rest of this entry »When is a widget not a widget?
February 3rd, 2011 | No Comments
In most industries, the inventory process flow is fairly simple: widgets come in, widgets are ordered and widgets leave. As a result, most companies don’t need to know much more than quantity on-hand. But what if you need to know more? In the oil and gas industry, materials managers need to know a lot more. [...]
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