Procurement Insights

JANUARY 19, 2025

” Ask Chat GPT 4 simple questions, and then tell me why maps and quadrants and solution provider logos matter: What were the top 10 procuretech solutions in 1995, 2005, 2015, and 2025? What were the top 10 procuretech solutions in 2005? Then, you can answer this question: What is the one constant in each of those four eras?

supply chain software solutions 52

supply chain software solutions Supply Chain Efficiency e2e Eprocurement 52

Spend Matters

APRIL 24, 2025

As early as 2005, experts were already emphasizing the importance of a structured approach to procurement technology implementation. Without a structured framework for measuring success, organizations risk miscalculating their transformation’s impact, leading to misguided priorities and underwhelming results. This challenge is not new.

Procurement 77

Procurement Procurement team Suppliers Sourcing 77

Supply Chain Dive

JULY 17, 2025

18, 2005, in Sydney, Australia. Published July 17, 2025 Zoya Mirza Editor post share post print email license A customer picks up a Snickers Bar in a supermarket Aug. Ian Waldie via Getty Images First published on Listen to the article 4 min This audio is auto-generated. Please let us know if you have feedback. By Kelly Stroh • Feb.

Agile and Lean Supply Chain 54

Agile and Lean Supply Chain Supply Chain Efficiency Supply chain Supply 54

Jaggaer

APRIL 9, 2025

Most notably, Oracle acquired PeopleSoft in 2005, gaining a significant foothold in HR and enterprise applications to compete directly with SAP. It was not until 2007 that SAP made its first major acquisition, purchasing BusinessObjects to enhance its business intelligence (BI) capabilities.

supply chain software solutions 52

supply chain software solutions Supply Chain Optimization Supply Chain Efficiency Supply chain management 52

Supply Chain Brain

JANUARY 25, 2021

UPS Freight, created in 2005 when Atlanta-based United Parcel Service Inc. purchased the former Overnite Transportation, is being sold to TFI International Inc., the companies announced.

Purchasing 92

Purchasing 92

Procurement Tactics

MARCH 20, 2023

Economic Growth A country’s purchasing power stems from its economic performance. For example, the devastating effects of hurricanes, Katrina and Rita in 2005 on the U.S. Natural gas prices move along with their seasonal demand however it still shows value fluctuation outside their high-demand peak. Here are the top reasons: 1.

Price 187

Price Demand Influencing Sourcing 187

Procurement Tactics

NOVEMBER 16, 2022

In 2005, Amazon announced Amazon Prime as a membership service offering free two-day shipping within the United States for all eligible purchases for an annual fee. AWS allows companies to purchase storage space to host a website or to run a huge database. . Since then, the company’s motto has always been “get big fast”. .

Procurement 184

Procurement Inventory Bidding Suppliers 184

Procurement Insights

JULY 29, 2024

September 2005 – The case study of a major U.S. retailer purchasing Indirect Materials is interesting as their cost savings and access to innovation steadily declined when their core supply base was rationalized down to 100 suppliers. What do the 2005 and 2024 examples tell us about Artificial intelligence?

Innovation 52

Innovation Quality Risk Suppliers 52

Supply Chain Game Changer

MARCH 22, 2022

Given I was working with Eaton since 2005 post my Masters, I was very much “Eatonized”. When I started my career in 2005 it was very much Purchasing and Planning. Turn-around of Eaton Warwick Plant Supply Chain. Eaton Hydraulics had acquired SME named Integrated hydraulic, with an SME mind set and ways of working.

Leadership 105

Leadership Agile and Lean Supply Chain supply chain software solutions Supply chain 105

Procurement Insights

SEPTEMBER 23, 2023

What is interesting about the statement or observation is that it was introduced in 2005, when spend data (it wasn’t quite “intelligence” back then), like purchasing itself, was seen as an ERP adjunct. Specifically, information regarding spend was culled from the static realms of a financial ERP.

Spend management 75

Spend management Management Innovation Data 75

Procurement Tactics

JUNE 26, 2023

Brybelly [link] Established in 2005 by Jeffrey Smith and Knute Lentz , the company’s inventory comes with games, toys, beauty products, party supplies, sporting goods, kitchenware, hair extensions, casino supplies, pet supplies, and many more. ” – Stephens Jc “I recently purchased a quadcopter from Parkflyers.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

Procurement Insights

OCTOBER 26, 2023

In 2005, I delivered a keynote to 300 Power Transmission Distributors Association (PTDA) executives. based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. In Canada, the number of off-contract purchasing reached a staggering 79 percent.”

Change management 69

Change management Management Contract Buyers 69

Supply Chain Trend

AUGUST 13, 2020

Kaplan & Norton (2005) observed that a fundamental disconnect between the formulation of their strategy and the implementation of that strategy is responsible for 60%-90% of failure rates in of strategy implementation. Deloitte Review, Issue 21 [link]. Hippold, Sarah, (2019). Kaplan, R.S & Norton, D.P. Kasparov, Garry.

supply chain software solutions 147

supply chain software solutions Supply Chain Optimization supply chain budgeting Supply chain 147

Supply Chain Trend

OCTOBER 11, 2022

The best application of CPFR I’ve encountered was in 2005, when working for a meat manufacturer that received point-of-sale (POS) data four times a day (10am, noon, 2pm, 4pm) from over 600 stores from the largest retailer in the Netherlands. The retailer monetizes that data. DATA SUPPLIERS.

Data 88

Data Collaboration Real-time Visibility Supply chain 88

Supply Chain Game Changer

JULY 16, 2020

People were introduced to the concept of big data in 2005. If the enterprise purchases AMRs to save workers some steps, those workers could spend more time doing rewarding tasks and the duties that robots can’t manage. Supply chains did not widely adopt the earliest versions of big data products, however. billion by 2023.

supply chain software solutions 124

supply chain software solutions Supply Chain Efficiency Supply chain Supply 124

Procurement Insights

DECEMBER 8, 2023

Industry studies for 2001-2005 indicate that 75-85% of all programs fail to achieve the promised results. Specifically, and I quote, “the vast majority of purchasing organizations are now in the software business as they attempt to adapt their practice to an application they would not have chosen to use in the first place.”

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Eprocurement 80

Let's Talk Supply Chain

JULY 9, 2023

Mr. Bourke began his career with SEKO in 2005 after receiving his BA in Economics from the University of Wisconsin. For the most part, lead times for purchase orders have gone back down to pre-pandemic levels, raw material supplies and costs are going down – we’re seeing a lot of positive trend lines.”

Real-time Visibility 52

Real-time Visibility e2e Supply Chain Efficiency Raw materials 52

Procurement Insights

AUGUST 9, 2024

and again on August 2nd in 2005 when they were the seller in Oracle’s purchase of Context Media, Inc. According to a June 2009 Wall Street Journal table titled “ Oracle Grows With Acquisitions ,” Bain Capital LLC was the seller in the Oracle acquisition of Thor Technologies International Inc.,

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply chain Supply 52

Spend Matters

NOVEMBER 2, 2023

Better guidance and support within P2P ‘Guided Buying’ is a concept introduced in 2005 (actually, by one of the authors of this piece, Pierre Mitchell) many years before SAP launched a capability by the same name that helped with basic user guidance, search and ‘smart forms’ to go beyond free-text requisitions.

Networking 116

Networking Spend management Suppliers Sourcing 116

Procurement Insights

MARCH 18, 2024

As a side note, I have had the opportunity to cover each of the above organizations, e.g., Peter Smith’s upside-down Heinz ketchup bottle story, my interview with the head of Ronald McDonald House in Canada, and meeting with Best Buy executives in Minneapolis in 2005 to assess their vendor rationalization strategy.

Procurement 52

Procurement Strategy Supply chain Supply 52

Jaggaer

OCTOBER 22, 2020

Purchase orders were issued through the ERP system, but with no link to the approvals workflow and procurement decisions. Youness Taghrichte, Head of Procurement, Attjariwafa Bank. Before implementing JAGGAER, Attjariwafa had a paper-based and manual approach to issuing RFPs and RFQs, which were then received in sealed envelopes.

Suppliers 52

Suppliers Strategy Supply Chain Efficiency Agile and Lean Supply Chain 52

Procurement Insights

AUGUST 30, 2023

Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. Process Understanding and Refinement Drives Success Between 2001 and 2005 75 to 85% of all e-procurement initiatives failed to achieve the promised results in terms of savings.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Supply Chain Trend

NOVEMBER 16, 2016

This operating model included order to cash, make to demand, purchase to pay, finance and planning processes. In a 2005 paper, Kaplan and Norton introduced the concept of the Office of Strategy Management, where budget and strategy execution are managed through an operating model.

supply chain budgeting 115

supply chain budgeting Supply Chain Efficiency Innovation Supply chain 115

Procurement Insights

DECEMBER 12, 2022

Industry studies for 2001-2005 indicate 75-85% of all programs fail to achieve the promised results. Specifically, and I quote, “the vast majority of purchasing organizations are now in the software business as they attempt to adapt their practice to an application they would not have chosen to use in the first place.”

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

Procurement Insights

NOVEMBER 14, 2022

That was published in 2005. Included in this “marriage” are suppliers’ concerns regarding “Have I got a purchase order? Has the purchase order come in? Remember the John Yuva article? Was it good advice, then? Was meaningful action taken? Not according to the recent 2022 Voice of Supplier Survey.

Suppliers 72

Suppliers Procurement Chief Procurement Officer Purchase orders 72