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“Looking ahead to 2025, we see procurement evolving through the convergence of best-of-breed tools and source-to-pay models into a single orchestrated platform.” PDF) Sourcing Practices of Adidas Real-world implementations with major enterprises like HP, AMD, and Anthropic are validating Hansen’s theoretical framework.
I have gone through the Procurement Insights archive of 2,410 posts from 2007 to today to provide what I believe will be a unique context explaining the evolution of predictions over the past couple of decades. There are between 2 and 4 links covering the period 2007 to 2024.
Sourcing Innovation Launch Date: June 2006 Overview: Authored by Michael Lamoureux, a Computer Science PhD, Sourcing Innovation focuses on procurement technology, strategic sourcing, and supply chain management. AI, e-sourcing), spend analytics, and best practices. organizational founding, industry presence).
Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. Check out the Procurement KPI Dashboard now!
Here is the link to everything I have written about spreadsheets in the Procurement Insights blog since 2007. Sourcing Innovation (launched 2006) notes their prevalence. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. 2009 96% Minor shift as SaaS platforms (e.g.,
This period is characterized by foundational data governance work, small-scale testing, and measured improvements in sourcing cycle times. End-to-end procurement optimization emerges as a norm, with advanced predictive sourcing delivering measurable savings and risk mitigation.
Between 2007 and 2025, Procurement Insights archives reflect a remarkable evolution in the procurement and supply chain industry—from basic cost and operational concerns to strategic, tech-driven, and resilience-oriented priorities. CPOs prioritized cost control and global sourcing in 2012 summaries.
Hansens Context and the Absence of a Learning Loopback Process Metaprise Model Overview: Hansens Agent-based Metaprise model (2007 post) uses autonomous agents to represent stakeholders (e.g., unit, source coffee from Ethiopia at $4/kg) based on current data, prioritizing cost and quality. shift cosmetics packaging to Vietnam at $0.22/unit,
sourcing cosmetics packaging or coffee beans) based on real-time data and outcomes. 2007, 2014, and The GenAI Metaprise, Oct 11, 2024)involves observing data, acting, assessing results, and adapting, aligning with self-learning concepts but prioritizing practical outcomes over technical specifics. cost savings, delivery speed).
Paul Nilsen, Purchasing Manager – Willis North America, New York, NY ** ** (NOTE: Yes, I do keep track of all the professionals who have interacted with Procurement Insights since the blog was launched in May 2007, as it provides a glimpse into how our industry has progressed over these many years.) FROM CANDY. separate ESG or risk tools) 8.
Around 2007, Hansen introduced “Dynamic Flux” and “Historic Flat Line” to describe distinct patterns in commodity pricing, drawing from his analysis of market data and case studies, like his work with the U.S. . office supplies). a 23% annual savings in a DoD case tied to understanding these dynamics.
Since May 2007, when the Procurement Insights blog published its first post, one post has consistently garnered attention. 1997 Toyota Fire: A supplier fire halted production, underscoring the need for multi-sourcing and rapid response. 1999 Taiwan Earthquake: Affected chip production, emphasizing geographic risk concentration.
Cited as a success in Procurement Insights (2007-2014), it embodied Hansens agent-based approach, likely a precursor to the Metaprise model, prioritizing the shared relationship between human agent experience and expertise and technology-based AI agents. DNDs success (2007) reflects Hansens user focus, cutting 50-70% failure rates.
EDITOR’S NOTE: In advance of reading the following post, have a quick read of the following two Procurement Insights posts from 2007 and 2023, respectively. First to apply agent-based modeling and strand commonality to procurement, MRO, and public sector sourcing. dual-pathway stack evolution, strand orchestration models).
HFS Impact: The DND case provides a diagnostic framework for identifying potential strand drift sources during assessment – looking at performance metrics, timing conflicts, and cross-departmental workflow dependencies. The Commonwealth of Virginia eVA Initiative (2007) Yes Virginia! There is more to e-procurement than software!
In fact, I emphasize AI as a tool for agility and stakeholder alignment, not a full substitute, aligning with my Metaprise models focus on decentralized, human-guided agents (2007 post). My View: I approve of Sievos data focus but push Metaprises decentralized agents for real-time tariff adaptability (2007 post). Human Replacement?
Procurement Insights (Originally published in May 2007) In the context of the above excerpt from my May 2007 series, “Dangerous Supply Chain Myths,” I want to share the following email I received this Morning from Spend Matters following The Hackett Group acquisition.
My Take: Many Procurement Insights articles stress continuous self-cleaning data as vital, citing DNDs success (2004-2007) where human-AI synergy cleaned supplier data for 20% savings. basic sourcing), but adoption and scalability suffer, capping CAGR. Without clean data, effectiveness drops sharply. tail spend). ERPs, suppliers).
Sainsburys Automated Fulfillment System (2003-2007) What Happened: UK supermarket giant Sainsburys invested 150 million+ in an automated fulfillment system for its Waltham Point distribution center, aiming to streamline procurement and supply chain operations. Impact : Millions in losses; TradeShift survived but took years to regain traction.
For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Sourcing alone involves the many and often manual processes for RFxs, like RFIs, RFPs, RFQs, etc. Analysts and research firms have all reached the same conclusion.
Part 1 & 2)” (2007) Key Impact: Process Over Technology: The success of Virginias eVA initiative (8090% adoption of identified spend by 2007) stemmed from methodology, not software. Focuses on real-time adaptability in complex sourcing scenarios (e.g., Heres how each article impacts the previous analysis: 1.
” “Notwithstanding the June 27th, 2007 TEC News article heralding Service Oriented Architecture (SOA) as a “revolutionary technology,” it is ironic that the actual software you use has very little to do with the success of your procurement initiative.
His Procurement Insights blog, active since 2007, has over 14,700 followers, and hes authored nearly 3,000 articles, five books, and hosted over 900 episodes of the PI Window on The World Show. In procurement, this might translate to better supplier negotiations or sourcing strategies, especially for tariffs. 5M in savings.
If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. It was not until 2007 that SAP made its first major acquisition, purchasing BusinessObjects to enhance its business intelligence (BI) capabilities. So, we have skin in this game!
SOURCE #1 As of March 19, 2025, there is no single, definitive public document that provides detailed, comprehensive proof of ORO Labs successful client implementations with specific metrics, timelines, and outcomes for named clients. SOURCE #2 Yes, there is clear and detailed evidence of successful client implementations by ORO Labs.
EDITOR’S NOTE: In 2007, I wrote what is still one of the most popular posts on this blog: “ The Ariba Interviews: Re-engineering the Future ofOn-Demand. Key Products: Ariba Network, Spend Analysis, Strategic Sourcing Suite, and Contract Management. SAP Ariba: Industry-leading supplier network and sourcing tools.
Why You Missed It: If your focus is on strategic sourcing, supplier collaboration, or niche innovations (e.g., Why You Missed It: Your expertise might center on areas Ramp only recently entered (P2P) or doesnt fully address (sourcing, inventory), keeping it peripheral until now. If your tenure predates 2019 or spans non-U.S.
Procurement and Sourcing: Agents evaluate suppliers, negotiate contracts, and manage procurement workflows. for sourcing, pricing, compliance), risking coordination failures in high-transaction settings like cosmetics (e.g., It aligns with my 2007 call for relinquishing centralized functional control. unit savings).
AI PIERRE’S ANSWER – There is no direct evidence in publicly available sources, including Spend Matters publications or Pierre Mitchells statements, explicitly stating that Pierre Mitchell is opposed to Jon W. QUESTION #1 – Why is Spend Matters’ Pierre Mitchell opposed to the Agent-based Metaprise model?
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. About Consus. Consus Global.
Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. has gone live with Ivalua’s Source to Contract solution. Intalere required a fast, efficient and automated source-to-contract process to support the company’s enterprise goals. About Consus. Consus Global.
Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company chose Consus and Ivalua for their deep capabilities in the Sourcing space to support their critical Purchasing processes.
Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave : Source-To-Contract Suites, Q4 2019. Source to Pay integration matters because it improves automation (ex.
The 2008 recession (also known as The Great Recession) lasted 18 months, from December 2007 to June 2009. From 2007 to 2008, the Real Median Household Income decreased by roughly 3.6%. The government contracting market has traditionally been a reliable source of income for contractors, even during times of economic downturn.
EDITOR’S NOTE: This post was originally published in the Procurement Insights blog on December 3rd, 2007 – almost 16 years ago. The reference to “ Visibility” with a single source of truth ” – How often do we hear that phrase used in 2023 suggests that we still haven’t achieved it yet.
CNG burns cleaner than diesel, reducing emissions and greenhouse gas output (Lowe, 2007). Biofuels, derived from renewable sources like plant materials, boast a lower carbon footprint while still being compatible with existing diesel engines (often in blends) (Khare & Sharma, 2003). Khare, M. & & K.J.
They will leverage Ivalua’s industry-leading Sourcing, Contract Management and Analytics functions for both direct and indirect procurement across the organisation. Founded in 2007, OJC Consulting is a long-standing Ivalua partner with teams and operations in the UK, France, Germany, Sweden, Switzerland as well as United States and Canada.
This month Forrester published 2 major Wave reports, which together span the full Source-to-Pay process. The second, authored by Andrew Bartels and published on December 18, is The Forrester Wave™: Source-To-Contract Suites, Q4 2019. Procurement leaders today see the value of suites and the market has responded.
Adapted from Ehrlich (2002); Stamatis (2002); George (2003); Bendell (2006); Bhuiyan et.al, (2006); Andersson et.al, (2006); Arnheiter and Maleyeff (2005); Nonthaleerak (2005); Kumar (2007); Magnusson et.al, (2003) Read more on Top 15 Lean Six Sigma Books to Level Up Your Continuous Improvement Efforts & Strategy on our website SCMDOJO!
As one of the first procurement industry bloggers, if you told me on May 18th, 2007, that in December 2023, I would still be penning my thoughts on the Procurement Insights blog, I probably would not have believed you. Here I am truly grateful for the opportunity to be a reliable source of insight and information. The Top 3 Posts Ref.
Before that, there needs to be a clear sourcing policy with a well-defined and understood E2E process with roles and responsibilities between procurement and relevant key stakeholders. Orchestration will not magic away suboptimal things. Plus, I wonder if it is the latest bandwagon.
FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” 2007 – Commonwealth of Virginia ’s eVA – Yes, Virginia! ” This “class distinction,” as I will call it, is certainly not new to the industry.
September 2023 Case Reference Fairmarkit is an autonomous sourcing platform that transforms tail spend with automation and AI. May 2007 – The high (and continuing) rate of e-procurement initiative failures – studies indicate that 75 to 85% of all initiatives exceed budgetary expectations but fall far short of projected savings.
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