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The next big thing: Relationship Resource Planning (RRP) by Tim Cummins
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Enterprise Resource Planning, or ERP, was a key driver of business transformation over the last 25 years. Today, it is the management of external relationships that needs urgent attention. By streamlining these commercial operations with RRP, organizations can potentially reduce operational costs by at least 20% and generate improved revenue and savings from their trading relationships.
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Digital transformation is no time to have a confidence crisis by Julien Nadaud
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I talk to Chief Procurement Officers (CPOs) all the time about their challenges and frustrations. Few if any seem held back by a lack of confidence or uncertainty about whether procurement needs digital transformation. In fact, CPOs are most often frustrated, because they know what they and their teams are capable of doing on behalf of the enterprise, but they don’t necessarily have the support required to translate that potential into results.
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Afraid to jump start your ‘impossible’ dream? ‘You can do it,’ says UC Irvine educator - and students! by Dr. Chris Bauman
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In a recent interview with IACCM, Dr. Chris Bauman explained UCI’s new Master of Innovation and Entrepreneurship program – specifically revealing how three capabilities as an innovator, an entrepreneur, and an intrapreneur are essential for transforming unique ideas into successful results for any type of business including contract management.
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Smart contracts – the way forward by Mohit Khullar & Prachika Agarwal
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We all have dealt with a contract at some point in our lives but now, we stand at a crossroads between manual and automation – and to the extent possible, it’s time to switch. The first choice should be smart contracts.
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