Procurement Insights

OCTOBER 6, 2023

As emphasized in Part 4 of my Changing Face of Procurement Seminar Series titled “Winning Strategies for Vendor Engagement,” knowing if your e-procurement strategy is a “threat or a benefit” to your supply base is critical to the success of any initiative.” There is more to e-procurement than software!

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Suppliers Buyers Procurement strategies Import 52

Procurement Insights

AUGUST 10, 2022

On Thursday, August 25th at 10:00 AM ET, I will be moderating a panel discussion featuring procurement industry thought leader Peter Smith and Corinne Pohlman , Senior Vice-President of National Affairs at the Canadian Federation of Independent Business.

Suppliers 54

Suppliers Buyers Collaboration Innovation 54

Procurement Insights

SEPTEMBER 15, 2023

Editor’s Note: Okay, I am a year early as the song talks about partying like it’s 1999, but when it comes to AI and procurement, 1998 is more applicable. To do this effectively, the buyer must simultaneously engage critical stakeholders such as suppliers, courier companies and customs brokers, e.g., the Metaprise.

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Buyers supply chain software solutions Bidding Quality 63

Procurement Insights

NOVEMBER 23, 2023

The Inspiration For This Post I recently read a post on LinkedIn talking about “the power of trust” between buyer and supplier. Yes, trust between stakeholders is critically important, and yes, technology can fuel communication and collaboration between buyer and supplier to achieve a collective positive outcome.

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Suppliers Buyers Risk management Supply Chain Optimization 61

Procurement Insights

SEPTEMBER 28, 2023

Great article , Elvire Regnier ! Governance is THE key to cluster development and the globalized supply base.

Supply 58

Supply Networking Procurement Buyers 58

Procurement Insights

SEPTEMBER 17, 2022

I just read a thought-provoking post by Philip Ideson lamenting the fact that procurement people are generally viewed as being dinosaurs. To start, most procurement professionals – or buyers as we were called back then, indicated they fell into the position rather than choosing it – someone had to do it was a common refrain.

Purchasing 40

Purchasing Buyers Procurement Management 40

Procurement Insights

JUNE 24, 2022

In truth, it is really a one-way conversation in which we all lament the inherent dangers and shortfalls of using spreadsheets and emails to procure goods and services but continue to use them. That’s an average of 1.266 posts per year since I launched this blog in May 2007. ” Guest Author Glenda Leatherman.

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Procurement supply chain budgeting Buyers supply chain software solutions 52

Procurement Insights

APRIL 18, 2023

Still, it will not address the continuing need to build a “relationship” and “legitimate preference” between buyer and seller. As a side note, I have been tracking RFP responses in the public sector since 2007, and no matter how advanced the tech, the trend has remained the same.

Suppliers 41

Suppliers Bidding Buyers Supply 41

The Procuretech Podcast

SEPTEMBER 22, 2022

Procurement Media through the Years - Jon Hansen from Procurement Insights. This episode, we've got a guest who's been talking about procurement for decades. With a long-standing blog and a podcast that goes all the way back to 2009, it's Jon Hansen of Procurement Insights – the original procurement podcaster.

Procurement 40

Procurement supply chain software solutions Price Buyers 40

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. That company grew organically and supported over 100 companies ranging from Fortune 100 companies to fast growing businesses building their first procurement function. procurement #purchasing #supplychainmanagement.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Procurement Tactics

JUNE 26, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Top 10 US Dropshipping Suppliers — Pricing & Reviews The US dropshipping market reached an estimated amount of $15.64 Top 10 US Dropshipping Suppliers Study Procurement Study Negotiations 1.

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Price Suppliers Negotiation Real-time Visibility 195

Procurement Insights

AUGUST 30, 2023

As you read this post originally published in May 2007 about “enabling technology and the emergence of the metaprise,” can the three-stage implementation framework be as successful today as it was back then? Kearney Report that was originally released in May 2007.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Insights

OCTOBER 20, 2023

Over the years I have written a great deal about why “traditional” ERP-based procurement solutions have, with a predictability that is almost as certain as the sun rising every morning, failed to deliver the expected results. One of the main reasons is user adoption – or the lack thereof. Hmmmmm, let me think about that one for a minute.

Real-time Visibility 65

Real-time Visibility Buyers Eprocurement Procurement 65

Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend?

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Change management Management Contract Buyers 58