Procurement Insights

APRIL 5, 2025

Below is a ranking of the top 10 ProcureTech should-cost solution providersGEP, Zycus, Ivalua, SAP Ariba, Coupa Software, Jaggaer, Keelvar, Lytica, ProPurchaser, and Archletacross three criteria: length of time in business, company size, and top reason for dealing with each one. market share (Apps Run The World, 2023) lead.

supply chain software solutions 52

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

Let's Talk Supply Chain

JULY 27, 2022

With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. A term that once only resonated with industry insiders is everywhere.

Agile and Lean Supply Chain 115

Agile and Lean Supply Chain supply chain software solutions Supply chain Supply 115

Supply Chain Game Changer

MARCH 20, 2019

Subscribe to Supply Chain Game Changer. What Supply Chain Management problem does this solve? The biggest problem in the transitional supply chain is lack of open and trustworthy information availability across the supply chain caused by multiple issues – trust, technology and legacy practices being the top ones.

Agile and Lean Supply Chain 96

Agile and Lean Supply Chain Supply Chain Efficiency supply chain software solutions Supply chain 96

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

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 Eprocurement 80

The Procuretech Podcast

MAY 23, 2023

They're a Texas-based supply chain software company. I can relate to this mission, having been a direct materials buyer in the automotive industry before the 2008-09 recession. She goes on to describe how a volunteer opportunity in her senior year of college led her to procurement and supply chain.

supply chain software solutions 40

supply chain software solutions Supply chain Procurement Networking 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

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. Risk management.

supply chain budgeting 52

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

Procurement Insights

DECEMBER 12, 2022

(Editor’s Note: This post is a follow-up to the breaking headline “COUPA SOFTWARE ENTERS INTO DEFINITIVE AGREEMENT TO BE ACQUIRED BY THOMA BRAVO FOR $8 BILLION.” The impetus behind this change is the result of the fallout from the consistently high level of e-procurement initiative failures. coupa #zycus).

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

Procurement Insights

JUNE 1, 2024

We earned over 100 software patents (24 with my name), secured leadership positions in 150+ analyst reports, and went toe-to-toe with SAP! A Great Journey Not long after I launched this blog in May 2007, Dave Stephens contacted me about sponsoring Procurement Insights. I, of course, have my favorites. How about 2011?

supply chain software solutions 52

supply chain software solutions Leadership Product management Innovation 52

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. Like the proverbial broken record, the debate regarding the continuing use of spreadsheets has been going on for years. Interesting timing?

Procurement 52

Procurement supply chain budgeting Buyers supply chain software solutions 52

Jaggaer

JUNE 9, 2020

As the COVID-19 virus begins to subside in many parts of the world, supply chains are stabilizing. Procurement teams can lead the way in building a robust system into the future. This should serve as a wakeup call for procurement teams to take a look at the clauses in their contracts. Revise Your Contracts.

Procurement strategies 52

Procurement strategies Strategy Management Procurement 52

Procurement Software

NOVEMBER 21, 2022

Procurement is the function in companies that, on a general level, takes care of sourcing, managing vendors and tracking spend. In the latest years, the need for digital procurement tools has arisen as businesses have entered a more rapid digital transformation process. What is the role of procurement in different industries?

supply chain budgeting 52

supply chain budgeting Chief Procurement Officer supply chain software solutions Contract management 52

Procurement Insights

AUGUST 25, 2023

At this point, I realized the similarity in the relationship evolution between procurement and spreadsheets. ” Fast forward to January 2023, I shared the following thoughts about spreadsheets in my post What role have spreadsheets played in the “evolution of procurement technology?”

Procurement 40

Procurement supply chain software solutions Supply chain management Supply chain management 40

Zycus Cognitive Procurement

APRIL 4, 2022

After the financial crisis of 2008, companies started to focus on improving their overall value creation to survive the demanding market and economic situation. Companies rely on complex, multi-faceted, interconnected networks that make up their supply chain. According to McKinsey, every 3.7 The Bottom Line.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions Risk Supply chain 52

Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Using effective spend management software can help you keep track of upcoming payments and revise your procurement process.

supply chain budgeting 52

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

Procurement Insights

FEBRUARY 22, 2025

ProcureTech Investments: Market Growth: The procurement software market was valued at $8.65 thebusinessresearchcompany.com Adoption Rates: A significant majority (83%) of Chief Procurement Officers have prioritized digitizing their procurement processes, underscoring the growing emphasis on ProcureTech solutions.

Chief Procurement Officer 83

Chief Procurement Officer supply chain software solutions Supply Chain Optimization Influencing 83

Procurement Insights

APRIL 23, 2025

I was asked the following question today: Also trying to also gauge how agentic/AI you go (procurement 3.0) Here is a link – I was writing about Web (Procurement) 4.0 Sometimes old dogs can teach new dogs a trick or two about the current state of procurement in 2025. versus 1.0? Here was my answer: Web 1.0?

Real-time Visibility 52

Real-time Visibility Procurement Supply Chain Efficiency supply chain software solutions 52