🎥 New Episode Now Available! In this episode, Brandon Hummons, CPSM, CPSD — Founder of Hummons Consulting, LLC Consulting and partner with Valorant Consulting — delivers a crash course on negotiating an IT contract. 💡 From understanding key terms and risk allocation to mastering supplier engagement and contract structure, Brandon breaks down what procurement professionals need to know when navigating software and data infrastructure agreements. If you missed it live, now’s your chance to catch the replay and sharpen your negotiation skills! 🔗 https://lnkd.in/enfcGqzA #SupplyChain #Procurement #ContractManagement #ITContracts #Negotiation #ISMNewJersey
Learn IT Contract Negotiation with Brandon Hummons
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Why spend months mapping processes from the ground up? Access a pre-built repository of 200+ BPMN-compliant, Ready-to-Use Best-practice Corporate Process Maps across key functions including: Human Resources, Finance, Procurement and Information Technology. Skip the mapping. Let your team focus on what matters: driving real value through analysis and improvement. Learn more and download a Sample Process Map>> https://lnkd.in/gPcnn9nM #processmapping #businessprocessmanagement #BPM #processefficiency #timesaving #costsaving #PRIMEBPM #processmaps #ReadyToUseMaps
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Legal ops leaders have no shortage of data. Between eBilling, matter management, CLM, and sourcing tools, there’s already a wealth of information about spend, cycle time, and law firm performance. The harder question is: What are you actually doing with that data? Our latest blog explores how Priori's RFP Analytics can help legal teams move from tracking metrics to making smarter sourcing decisions. You'll be able to: - Make faster “go / no-go” firm decisions - Tie sourcing strategy to measurable business impact - Forecast savings and performance with past RFP data Read the blog: https://lnkd.in/g9-9vzqt
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Tariffs eat into your margins. Every new duty feels like money you can’t get back. Most businesses respond by cutting costs or raising prices and still lose ground. But there’s another path: using digital transformation to expand into new markets where you can reduce tariff exposure. Here’s how: - ERP can model landed costs (materials, freight, duties) in real time - CRM can flag “tariff-heavy” products so sales teams pivot to better-margin SKUs - Supply chain dashboards can compare supplier options across regions - BI tools can show where revenue growth offsets higher duties That’s not magic. That’s the ROI of connecting your financials, inventory, and sales into one digital backbone. One manufacturer cut tariff exposure by 18% in six months, not by moving factories, but by redistributing SKUs across three regions using data they already had. Tariffs won’t disappear, but their impact can shrink when your data, decisions, and strategy are connected. That’s what we help businesses build. 👉 Book a fractional CIO strategy call: https://lnkd.in/e5VsRgM8 #ERP #SupplyChain #TradeAndTariffs #GlobalExpansion #FractionalCIO #ManufacturingSMB
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KPIs: The Compass for Contracting Excellence Data tells the story of a contracting function’s maturity. Metrics like contract cycle time, supplier performance, negotiation-to-signature ratios, and compliance exceptions are not just numbers, they are directional signals for operational health. When we implemented a KPI-driven approach to contracting as part of our operational processes, it created a clear narrative for executive stakeholders. Suddenly, we weren’t just reporting activity; we were demonstrating measurable value and identifying opportunities for process improvement. KPIs transform contracting from reactive administration to strategic governance! #KPIs #DataDrivenLeadership #ContractsAnalytics #PerformanceManagement #ProcessImprovement
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Digital handover shouldn’t be treated as an "end of project" task, but too often, it is. Rushing around trying to align information at the last minute risks missing data, inconsistencies, and non-compliance, all of which can compromise handover. By engaging with stakeholders at the early stages to agree deliverables, formats and review processes we create a reliable path to handover. Using our online platform, we collect data driven O&M manuals directly from the supply chain, approved and handed over iteratively throughout project delivery. #DigitalHandover #IFCSchema #ProjectCompliance
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Most Supply Chain Leaders Still Use Spreadsheets It’s 2025 and the majority of supply chain professionals still rely on outdated spreadsheets to manage complex vendor networks. ScopeMatch brings structure, clarity, and strategy to your supply chain with: ▪ Intelligent vendor mapping ▪ Real-time data synchronization ▪ Built-in risk detection and validation Say goodbye to static sheets. Say hello to smarter, data-driven operations. Explore how ScopeMatch transforms vendor management → https://scopematch.com/ #SupplyChain #VendorManagement #DataDriven #ScopeMatch
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From a blog I am working on, titled "Business-as-Code:" > Business processes contain human-in-the-loop steps often involving many different departments and user-interfaces. This causes the technical logic and code which supports these processes to become highly fragmented across many systems and integration platforms, leading to poorly-understood workflows which are hard to maintain.
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𝐌𝐚𝐧𝐚𝐠𝐢𝐧𝐠 𝐜𝐨𝐧𝐭𝐫𝐚𝐜𝐭𝐬 𝐦𝐚𝐧��𝐚𝐥𝐥𝐲 𝐜𝐚𝐧 𝐬𝐥𝐨𝐰 𝐝𝐨𝐰𝐧 𝐲𝐨𝐮𝐫 𝐛𝐮𝐬𝐢𝐧𝐞𝐬𝐬. Discover how smart contract lifecycle management can streamline approvals, track renewals, and boost overall productivity. Read our latest guide to learn more. Read Now: https://lnkd.in/gSKxPEk6 #Prokraya #ContractLifecycleManagement #ContractManagement #ContractAutomation #ProcurementTech #BusinessProductivity #DigitalTransformation #ContractStrategy #WorkflowOptimization #ProcessAutomation
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𝟳.𝟲% 𝗼𝗳 𝘆𝗼𝘂𝗿 𝗜𝗧 𝘀𝗽𝗲𝗻𝗱 𝗺𝗶𝗴𝗵𝘁 𝗯𝗲 𝘀𝗹𝗶𝗽𝗽𝗶𝗻𝗴 𝘁𝗵𝗿𝗼𝘂𝗴𝗵 𝘁𝗵𝗲 𝗰𝗿𝗮𝗰𝗸𝘀. And no, this isn’t about renegotiating rates or cutting corners. It’s about the 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗜𝗻𝘃𝗼𝗶𝗰𝗲 𝗩𝗮𝗹𝘂𝗲 𝗚𝗮𝗽. That persistent difference between what’s agreed in contracts and what’s actually invoiced. At 𝗠𝗲𝘁𝗿𝗶, we see it all the time. On average 8% in unjustified costs. Not once. Not occasionally. Structurally. 𝗪𝗵𝘆? Because many organizations trust that a signed contract and invoice review are enough. But who checks whether the services were actually delivered as agreed? That’s where contract management comes in. And too often, it’s the blind spot with the biggest price tag. 𝗪𝗵𝗮𝘁 𝘄𝗲 𝗱𝗼 𝗮𝘁 𝗠𝗘𝗧𝗥𝗜 ✅ Reveal the hidden gap ✅ Analyze contracts vs. invoices ✅ We provide tools and guidance to recover the costs ✅ Build in governance and tooling (like CATS CM®) to prevent it from happening again 𝗥𝗲𝗮𝗹-𝘄𝗼𝗿𝗹𝗱 𝗶𝗺𝗽𝗮𝗰𝘁 Port of Rotterdam implemented contract management with OGD and CATS CM®. The result: more control, fewer risks, stronger supplier relationships. Read their story: http://bit.ly/3L88GEW Contract management isn’t overhead. It’s a strategic lever with measurable ROI. What might your organization be leaving on the table? Curious? A quick 𝗖𝗼𝗻𝘁𝗿𝗮𝗰𝘁 𝗛𝗲𝗮𝗹𝘁𝗵 𝗦𝗰𝗮𝗻 can reveal the answer. #ContractManagement #CATS_CM #Metri #Governance #ITsourcing #InvoiceControl #BusinessCase #OGD #ROI
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ISG's Kevin D. Lewis, CPA, CGMA shares how we cut a client’s IT operating costs by 20–25% in 6–9 months through informed benchmarking, shifting to managed services, and renegotiating key software/network contracts. Watch the video below to see the approach and outcomes ⬇️ #CostOptimization #ManagedServices #ITTransformation
CostOp Client Story | ISG Thinks with Kevin Lewis
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