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5 facts about FTSE 350 CPOs

CPO

Earlier this year we undertook some research to discover a little more about the typical FTSE 350 CPO. By conducting numerous phone call interviews with FTSE 350 CPOs and carrying out expansive LinkedIn research we uncovered some fascinating figures.

With over 10 years’ experience working alongside procurement professionals we wanted to delve a little deeper into their typical career paths to discover key statistics and what it takes to get to the top. You can download the full report here, but see below for a quick summary of the 5 most interesting facts we found in the results. Read More

Leading a world-class product development team

Product development

In this exclusive guest blog, Mike Knowles, head of product management at Wax Digital discusses how the Product development team functions and what processes the team adhere to, to ensure integrity and innovation across all Wax Digital web3 spend management solutions.

Here at Wax Digital, new product development is of utmost important to the team, as it is essential that we continually strive to keep our products as innovative and competitive as possible, with regular software releases and incremental updates to our solutions. Read More

5 common misconceptions about eSourcing

eSourcing Misconceptions

While the benefits and savings potential of eSourcing are widely known, eSourcing is still shrouded in misconceptions, many of which are exactly that.

Below we analyse 5 of the most common regarding eSourcing and eAuctions and help uncover the truth! Read More

What do procurement professionals want most in 2014?

Procurement professionals

In the run up to the festive season, we asked procurement professionals what their number one procurement wish for 2014 would be.

After an encouraging response that placed ‘increased procurement resource’ at the top of the rankings, we decided to pose the question to our LinkedIn community which generated an even bigger reaction. Read More

Top 6 indirect spend categories to save

TOP6

Analysing critical spend categories for savings is an essential process to ensure products and services are sourced at the best price from your supply chain.

For those procurement teams focused on direct commodities we wanted to take a closer look at which indirect savings categories offered the biggest savings opportunities  through e Sourcing and how to achieve best value. Read More

2014 procurement wishes

Procurement Christmas wishes

Before the end of the 2013, we asked procurement professionals what their number one procurement wish would be for the New Year.

Having worked alongside CPOs, buyers, category managers and many others over the past ten years, we were intrigued to discover what a procurement professional would like to see change or improve in 2014. Read More

Tried & tested: QA Testing at Wax Digital

Testing

Wax Digital’s test manager, Dean Walsh reveals the critical importance of Quality Assurance testing throughout the web3 solutions portfolio and looks at the new wave of Application Lifecycle Management (ALM) testing software.

Product testing is vitally important at Wax Digital as we act as the first client for web3, analysing and probing the software to ensure that it works exactly as it should, as well as ensuring that it integrates seamlessly with other IT systems such as SAP, Oracle & dynamics and third party applications before the go live process. Read More

Procurement professionals: How to get to the top

CPO

Have you ever wondered how CPOs got to where they are today? Which career path did they take? How many years was it before they secured the CPO title? You can find the answers to these questions and more in our exclusive CPO Careers Research report- available for download now.

Working alongside many of the UK’s leading procurement professionals for over 10 years, here at Wax Digital we decided to undertake some research into the CPO job role across the FTSE 350 to see how these CPOs reached the top. Read More

eSourcing’s key spend categories revealed

eSourcing Savings

With so many spend categories to consider, each providing varying savings opportunities, pinpointing the indirect spend categories which will reap potential savings or minimise cost increases through eSourcing is a regular, everyday focus for procurement professionals.

From feather dusters to Kangaroo glue (!), we’ve seen a wide-range of products and services sourced via web3 eSourcing and to assist procurement professionals, we’ve come up with a (by no-means definitive) list of spend categories which can offer the most lucrative, repeat or surprising savings opportunities in our interactive eSourcing Savings Visualisation. Read More

Life in the cloud; Part 3

Cloud Computing

Peter Kinder, Chief Technical Officer at Wax Digital advises on the critical importance of Disaster Recovery when hosting data in the cloud.

Part one of this blog series looked at why some organisations are still resisting the move to the cloud while part two analysed supplier selection. In the third and final installment of this exclusive blog series looking at security in the cloud, I’ll cover a crucial element of security; disaster recovery (DR). Read More