Category Archives: Featured Posts

Featured Posts

Iasta makes its move – a new disruptive force is born

I have been retired from blogging for a very long time now.  The last time I was writing on a regular basis was 2008-09 when traffic was growing to over 3000 unique visitors per day.  It was never that I wanted to stop, but Iasta had grown too much and there was too much too do inside the business. Now, I have the honor to write again.  This time, it is because something very momentous has occurred to the company.  … More

Conquer the Dark Powers of Lost Savings and Hidden Risk

At times, do your stakeholders seem as if they are from Middle-Earth, stuck in their own lands? Do you only see them from afar, bickering with each other and ignoring the rising dark powers of lost savings and hidden risk? Has the incomprehension and inflexibility of spend data from “ERP or the homegrown data warehouses” come to rule them all? Well, now is the time to lift the veil of gloom on spend and use analytics to build a fellowship … More

10 Years – 10 Memories: An Iasta Memoir by Marie Bauer (Part 1)

On June 1, 2014, I celebrated 10 years working for Iasta and in the sourcing industry. I can still remember driving from Indiana University Bloomington up to Iasta’s headquarters in Carmel, Indiana, and sitting down with Dave Bush, CEO, for an interview. Soon after, I was offered my first “real” job answering support phone calls and emails for Iasta. Coming straight from college, I did not know much about the sourcing industry and did not realize my support position at … More

Become a Procurement Change Agent

As a modern procurement pro, you must be prepared to become an “agent for change” in areas that go far beyond just cost management. Creating operational efficiencies, managing supply-based risks, and promoting sustainability are just some examples of where procurement is expanding. Iasta has partnered with our European consulting partner, Efficio, to develop a global procurement survey studying what exactly it means to become a change agent. The survey results are in – and our early analysis tells us that … More

3 Reasons to Implement a Supplier Diversity Program

April is Celebrate Diversity Month, which started in 2004 to recognize and honor the diversity surrounding us all. Diversity can be recognized in many ways – from self-expression, to a difference of opinion, to choosing diverse suppliers – but one thing is certain, we celebrate diversity in hope that people will gain deeper understanding of the diverse group of backgrounds and cultures. As for procurement, supplier diversity programs are just as important to recognize (and celebrate). Today, supplier diversity programs … More

Baseball and Measuring Procurement’s Value

Finally, spring has sprung and it is officially baseball season. In my house, there is much rejoicing! With the dawn of each new season there is fresh hope, even if it is sometimes…fleeting. Perhaps more than any other sport, baseball is often analyzed through the prism of statistics. Whatever age or school of thought you might hold in relation to baseball, you can likely rattle off some form of statistic about some of the players you follow, if a fan. … More

52 Reasons to Work at Iasta

Did you see that Indianapolis was recently listed on the New York Time’s 52 Places to Go in 2014 list? Iasta is excited and proud that our HQ city made the list! In order to keep the excitement alive, I reached out to our employees and asked them to come up with reasons why they love working at Iasta. With great pride and pleasure, I present to you our list of 52 reasons to work at Iasta. 1.    We have … More

A New Procurement Calls for a New Kind of Purchasing Hero

Despite the challenging circumstances of today’s economic environment, you must embrace change in order to support shifting external environments and business strategies. At the same time, you look for opportunities to capitalize on disruptive changes in supply markets, which can drive greater value for your organization. You must become a purchasing hero. What is a purchasing hero? We believe a purchasing hero brings knowledge capital to multiple departments. They inspire collaboration and cross-coordinate with as many internal stakeholders as possible. … More