Procurement teams require a clear process and governance before they implement technology to generate insights from contracts
Niko Nurmi
Senior Research Analyst
Joined 2017
Niko is a senior research analyst at Procurement Leaders who specialises in supplier relationship management, supplier-enabled innovation and strategic category management. He has a master’s degree in operations and supply chain management. Prior to joining Procurement Leaders, Niko worked in a market intelligence and strategic advisory firm, helping organisations make informed decisions about their business strategies.
Latest
Cross-border opportunities and innovation: Whitbread Supplier Conference energises the supply base
UK hotel chain Whitbread shared its plans with suppliers to align strategies and help them understand the company’s future ambitions
Building an M&A playbook for procurement
OpenText’s global sourcing and contract management team streamlined the acquisition onboarding process into six steps
Barriers to successfully leveraging data
Although 70% of respondents believe data is important or highly important to their organisation’s decision-making process, only 39% say they use data successfully. Based on our discussions with...
Category management playbook template
This editable template enables procurement functions to implement consistent standards and processes for category managers
Capturing savings the business will notice
Stakeholders are often unaware of how procurement affects the bottom line. While this remains the case, the wider organisation will continue to question the value of the function
Healthcare
Growing demand for private health insurance has helped to drive providers’ profits – especially in the US, where most employers provide health plans
Turkcell’s move towards greater external collaboration
A review of its infrastructure maintenance supply chain uncovered some inefficiencies and a team was put together to find out what needed to be fixed. They ended up finding those efficiencies as well as double-digit savings
Key performance indicators for category managers
Suggested KPIs for category-focused procurement staff
Key performance indicator dashboard
This tool helps procurement teams track and demonstrate their progress against KPI benchmarks
Category strategy template
A strategy template document to help category managers develop their plans for the year ahead
Cleaning up the digital media supply chain
The digital advertising space is a murky world. Procurement is trying to clean it up