Remove 2030 Remove supply chain budgeting Remove supply chain software solutions
article thumbnail

Procurement Talent: Upskilling for the AI Era

Procurement Software

The procurement professionals succeeding in 2030 will possess fundamentally different capabilities. They find creative solutions that satisfy multiple constituencies and build trust through consistent delivery on commitments. Modern procurement teams compete for executive attention and budget allocation.

article thumbnail

20 Years Of Procurement And Spreadsheets: An Accelerated Decline?

Procurement Insights

Ariba) was niche, and spreadsheets remained standard for supplier data and budgeting. 2007 97% Slight decline as early cloud solutions emerged, but spreadsheets dominated due to familiarity and cost. McKinsey: 73% of supply chain executives used basic tools, suggesting slight decline. 2030 80% 1.5%

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Trending Sources

article thumbnail

The Role of Loans in Scaling E-Commerce Supply Chains

SCMDOJO

We conclude that different types of loans may help e-commerce supply chains. in CAGR by 2030. Grown from the concept of the e-commerce supply chain – end-to-end process from product sourcing through delivery, it has become the determining factor in a business advantage. The terms depend on the loan type.

article thumbnail

Getting Out Of The Black Hole Of Lost IT Spend

Procurement Insights

However, studies and surveys provide general insights into the extent of underutilization: General Estimates of Procurement Technology Underutilization Gartner (General Enterprise Software): Reports indicate that 3040% of enterprise software functionality, including procurement tools, often goes unused across industries.

article thumbnail

Peeling Back The Agent-Based Metaprise Onion

Procurement Insights

QUESTION 1: How does Hansen’s Metaprise Model address the following CPO concerns: Budget Constraints, Process and System Alignment, Technology Gaps, Challenging Market Dynamics, Difficulty Engaging Stakeholders? tariffs, port strikes), reducing costs by 2030% (DND case study). Heres how it tackles each challenge: 1.

article thumbnail

What impact did Gartner’s late entry into Procurement and AI have on procurement practitioners and ProcureTech solution providers?

Procurement Insights

Hansen was publicly referencing and implementing AI concepts in the late 1990s , notably through “advanced self-learning algorithms” in procurement and supply chain applications. Procurement-Specific : Up to 70% of ERP/procurement tech projects fail due to scope creep, budget overruns, or misalignment.

article thumbnail

ERP Agent Swarms In The Age Of Intake And Orchestration And The Agent-Based Metaprise Model

Procurement Insights

” – Procurement Insights (2024) ERP Agent Swarms refer to the use of multiple autonomous, intelligent software agents working collaboratively within an Enterprise Resource Planning (ERP) system. Adaptability: Agents respond quickly to changing conditions, such as supply chain disruptions or sudden changes in demand.