Procurement Insights

MAY 21, 2025

EDITOR’S NOTE: Today is the promised follow-up to the May 18th “ Do We Really Need To Reinvent Procurement Versus Finally Understanding Procurement? I asked if these same issues existed between 2008 and 2025 and what priority they were given. ” post regarding the recent Ardent Partners webinar.

supply chain budgeting 80

supply chain budgeting Budget Procurement Sourcing 80

Procurement Insights

MAY 24, 2025

” What does this have to do with procurement, and more specifically, Procuretech selection and implementation success? A PI Q andA) – February 8, 2008 (NOTE: I didn’t go into depth regarding the link between semantics and supply chain because in 2008 it wasn’t exactly in the mainstream thinking) The Web 2.0

Procurement 52

Procurement Supply chain Strategy Data 52

Procurement Insights

APRIL 4, 2025

EDITOR’S NOTE: The following is a reprint of the March 25th, 2015 article The Impact Of An M&A On The Procurement Department This morning I read a post by Roz Usheroff regarding the just announced merger between Kraft and Heinz, and how an employee can both survive and thrive when an M&A occurs.

Agile and Lean Supply Chain 81

Agile and Lean Supply Chain supply chain software solutions Supply Chain Optimization e2e 81

Procurement Templates

NOVEMBER 11, 2022

Procurement Policy Note – Taking Account of Carbon Reduction Plans in the procurement of major government contracts Action Note PPN 06/21 05/06/2021 Issue. The UK Government amended the Climate Change Act 2008 in 2019 by introducing a target of at least a 100% reduction in the net UK carbon account (i.e. Source: [link].

Procurement 130

Procurement Bidding Contract Suppliers 130

ivalua

SEPTEMBER 2, 2019

Peter Smith, Managing Director, Procurement Excellence Ltd. The European Banking Authority (EBA) has published new guidelines on outsourcing , a document that has wide-ranging implications for every banking organisation, and requires careful consideration by procurement leaders and functions. But it seemed a bit of a cheek, really.

Procurement 140

Procurement Contract Risk Suppliers 140

Procurement Leaders

MAY 26, 2025

Although the pedants among us would point out that agentic isnt actually a word at all, it has still been used liberally across many interactions in the Procurement Leaders community of late not least the World Procurement Congress and AI Forum in London earlier this month. This idea is nothing new. Or, whats left of it.

Buyers 130

Buyers Procurement Innovation Import 130

Procurement Insights

JANUARY 3, 2025

It made me wonder if and how the C-Suite view of procurement has evolved over the past 14 years. Starting with the CFO, then the CIO, CEO, and The Board, here is the outline of changes in how top executives view procurement going forward in 2025. Analytics and insights from procurement data were minimal.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain supply chain budgeting Supply Chain Efficiency Procurement 52

Procurement Heads

JUNE 21, 2022

Heads Resourcing Group, which comprises of Procurement Heads, HR Heads and Executive Heads, is expecting to double its team following the move after 18 months of continued success. The company, which was founded in 2008, will continue to retain its office presence in Winchester.

Collaboration 130

Collaboration Procurement Management 130

Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., April 11th, 2008) Is Ford’s auto-xchange the “Real Deal?”

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Import Procurement 52

ivalua

MAY 17, 2021

It may be a controversial statement to make, but the value that a procurement team can deliver within a financial services organisation is lower than what can be delivered in other sectors. Financial services procurement leaders can turn this challenging scenario into an opportunity to add value to the business.

Procurement 130

Procurement Contract Procurement team Sourcing 130

Procurement Insights

MAY 20, 2025

Procurement Insights (August 5th, 2008) JUMPING AHEAD FROM 2008 TO 2025 QUESTION #1 – What is the difference between Service Oriented Architecture (SOA) and Intake and Orchestration? Intake and Orchestration: Tailored to procurement, delivering 515% cost savings and 1.11.7 If not,why?

Real-time Visibility 52

Real-time Visibility Data Demand Procurement 52

Procurement Insights

APRIL 5, 2025

3 GEP 1999 Established in 1999, a pioneer in procurement software with 25+ years. 4 Zycus 1998 Founded in 1998, a veteran in cognitive procurement solutions. 7 ProPurchaser 2008 Started in 2008, newer but focused on negotiation tools. 5 Ivalua 2000 Launched in 2000, slightly newer but with a strong 24-year track record.

supply chain software solutions 52

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

Procurement Insights

NOVEMBER 21, 2024

Unless this hierarchical practice is changed, the majority of organizations will end up banking on the SOA train linking disparate and inefficient applications to deliver results in the emerging decentralized world of procurement.” ” 30

Innovation 52

Innovation Procurement Purchasing Sourcing 52

Procurement Heads

FEBRUARY 23, 2023

We saw in the period following the financial crash of 2008 that failure to invest in skills development, attraction and retention when markets are struggling can have a longer-term detrimental impact on recovery. “It’s You may also like… When should I engage a procurement recruitment agency?

Vendor management 130

Vendor management Influencing Demand Risk management 130

Procurement Insights

OCTOBER 24, 2022

For example, the inspiration for today’s article was a LinkedIn post from Drasko Jelavic, who asked the question: Is procurement about to fall into the rabbit hole again by focusing on cost savings and digitalization? 2008/2014 posts – [link]. Below is my answer. A great and timely post Drasko , but what do you mean again?

Strategic sourcing 64

Strategic sourcing Strategic sourcing Buyers Procurement 64

Spend Matters

MARCH 15, 2023

Categories: Accounts Payable , P2P , Procurement Systems & Architecture Tags: PRO This Spend Matters PRO Vendor Analysis provides an overview of Planergy and its P2P solution. It has been interesting to watch the evolution of IT procurement for SME and MM over the last few years.

Buyers 104

Buyers Purchasing Procurement solutions Procurement 104

Jaggaer

MAY 7, 2019

Procurement in Banking also faces unique challenges due to the tough regulatory compliance environment that sets limits on how Banks can achieve goals like cutting costs. The bank’s Chief Procurement Officer may want to change vendor. Procurement’s Role in the Banking Industry. Banking is a unique industry in many respects.

Supply Chain Efficiency 75

Supply Chain Efficiency Procurement Chief Procurement Officer Spend management 75

Jaggaer

JULY 28, 2020

On the one hand, public sector procurement needs to comply with a variety of local, national and federal rules. Virtually all procurement professionals have been under pressure to “do more with less,” the demand is particularly intense in public procurement.”. Could the money be better spent? Absolutely.

Procurement 75

Procurement Buyers Contract Purchasing 75

Procurement Insights

SEPTEMBER 5, 2024

In 2019, Kelly Barner contacted me about a fellow named Michael Cadieux, who was just starting a new community called Procurement Foundry. She said they were looking for a good writer with deep knowledge of the procurement industry and asked if I would be interested. Collectively, they make quite an archive.

Procurement 52

Procurement Supply chain Networking Import 52

Procurement Insights

DECEMBER 15, 2023

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 Here is the link to my very first post: Welcome to Procurement Insights. A PI Q&A) 30

Supply chain 81

Supply chain Procurement Purchasing Risk 81

Procurement Insights

JANUARY 22, 2025

A slow supplier in procurement. Example: If a slow approval process is the constraint in procurement, optimizing workflows, reducing paperwork, or automating approvals can help. Procurement: Optimizing vendor selection and approval workflows to avoid supply delays. A skill shortage in human resources.

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Project management Suppliers 52

Procurement Insights

MAY 4, 2024

Procurement Insights, December 6th, 2014) What made your post jump off the page, Eric Kimberling is that we are still talking about ERP failures in 2024. The archives for my Procurement Insights blog alone consist of over 2,000 articles.

Quality 80

Quality Contract Procurement Demand 80

Strategic Sourceror

JULY 23, 2022

The shift from gas-powered to electric cars is nothing new – Tesla released its first production model back in 2008, for example – but the increased adoption of commercial vehicles that deliver not only packages but environmental benefits could be a game changer in the supply chain. Around 90% of the U.S.

Supply chain 98

Supply chain Supply Purchasing Strategic sourcing 98

Procurement Insights

JANUARY 22, 2024

After 40-plus years in high tech and almost as long in procurement, I can say with complete certainty that technology has never been, is not now, or will ever be the driver of any form of transformation – digital or otherwise. Here are a couple of articles explaining why: Are you chasing solutions or solving problems?

Supply Chain Optimization 81

Supply Chain Optimization Agile and Lean Supply Chain Negotiation Supply chain 81

Spend Matters

AUGUST 8, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Spend Management , Technology Tags: PRO Medius began life in 2001 in Sweden as an AP automation solution; in 2006 it opened offices in Norway, Denmark and the Netherlands; in 2008 in Poland. Read more. ).

Market analysis 75

Market analysis Spend management Buyers Change management 75

Procurement Insights

JULY 19, 2024

Here is the link to the first Six Sigma case study of Forrest’s that I posted on my YouTube channel in 2008 – [link] Watching that video today, the case study seems as relevant now as it did then—maybe even more so. How do you apply your Six Sigma teachings in 2024?

Purchasing 66

Purchasing Supply chain Supply 66

Procurement Heads

JANUARY 25, 2023

For Procurement Heads ‘ latest instalment of our CPO Spotlight series, she spoke with Rupert Gaster about her career and procurement’s role in sustainability. I envisioned a huge opportunity as a practitioner in the supply chain and procurement arena to make a difference and help the organisation to achieve those goals.

Sustainability 130

Sustainability Supply Chain Efficiency Influencing Supply chain 130

Procurement Insights

JULY 8, 2024

Hansen Strategic Advisor/Analyst Specializing in Emerging AI Tech, Sales and Marketing (Procurement) Thinkers360 Top 50 Global Thought Leaders & Influencers on Procurement! Here is a paper I wrote in 2008 – [link] These failures are not due to the technology in each of these generations.

supply chain budgeting 84

supply chain budgeting Influencing Budget Innovation 84

Procurement Insights

NOVEMBER 21, 2023

EDITOR’S NOTE: In December 2010, I wrote an article about one of Time Magazine’s picks for the Top Innovations in 2008 – Made-in-Transit Packaging. Forty years in high-tech and almost as long in procurement and supply chain, I have to ask, at what point does the tracking begin, e.g., when the order is placed?

e2e 86

e2e Real-time Visibility Sourcing Consumer demands 86

Procurement Insights

DECEMBER 12, 2022

. “Organizations that already have a technology-driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. Are You in The Software Business?

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

Spotlight on Procurement

MARCH 18, 2024

Sam Achampong FCIPS, Regional Managing Director of CIPS Middle East & North Africa (MENA), discusses how the procurement profession has transformed since he moved to Dubai in 2008 and the challenges and opportunities the region offers.

Procurement 40

Procurement Management 40

Procurement Insights

SEPTEMBER 30, 2023

This year, I will be closing in on the 2,000th blog post on Procurement Insights dating back to May 2007. It is a pretty deep archive of the history of our industry – like counting the rings of an old tree. But we all know that quantity does not necessarily mean quality – or enduring relevance. So, do my writings stand the test of time?

Supply Chain Optimization 56

Supply Chain Optimization supply chain software solutions Quantity Supply chain 56

SCMDOJO

FEBRUARY 29, 2024

Current State of Supplier Performance Management Nowadays, the interest in improving supplier performance management methods has increased due to the increase in global sourcing and that of the global economy in particular (Gordon Sherry R, 2008). They do not relate to any overall company procurement goals and objectives.

Suppliers 76

Suppliers Management Quality Import 76

Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. The article you are about to read was written in 2008. Before attempting to answer the above questions, have a read of the original 2008 article below.

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Supply Chain Opz

MAY 25, 2013

Frankel et al 2008 indicated that " supply chain " and "supply chain management" first recognized in the 1980s. Moreover, Supply Chain is not the result of Marketing/Production Planning/Operations Management interface as stated by Mentzer et al 2008. 2) Origin of "Logistics". Many of them are parts of modern management concept.

Logistics 99

Logistics Supply chain Supply Supply chain management 99

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. ” the article opens with the following question: “Do you, as a procurement professional, still use spreadsheets to do your job?”

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Zycus Cognitive Procurement

SEPTEMBER 15, 2022

There are a couple of quite interesting facts that prove Procurement to be the captain, guiding the journey to recovery post-crisis. In a case of history repeating, Procurement once again is the torch bearer for organisations looking forward to normalise cash flows, increase profitability and thus return to normalcy.

supply chain budgeting 52

supply chain budgeting Procurement supply chain software solutions Agile and Lean Supply Chain 52