Spend Matters

MARCH 25, 2025

However, the reality is that stakeholders, including budget owners, business units, etc., Internally, procurement teams must collaborate closely with finance, IT, legal and operational leadership, each with distinct priorities and decision-making authority. largely control procurements level of influence.

Stakeholder engagement

Spend Matters

MAY 19, 2025

Each function’s objectives often overlap, particularly in areas such as financial reporting, cost management, budgeting and data-driven decision making, so when procurement strategies align with finance-led initiatives, organizations gain greater financial visibility, improved efficiency and stronger risk control.

Collaboration

Spend Matters

FEBRUARY 5, 2025

Success depends on leadership alignment, effective communication and empowering teams to embrace the transformation journey. Lets explore these aspects. Driving change with effective change management strategies You dont need a digital strategy. It is as much about people and culture as it is about technology.

Procurement

Procurement Insights

NOVEMBER 18, 2024

Content-driven thought leadership, including podcasts and webinars, on current industry issues. Downsides : Primarily thought leadership with less emphasis on actionable, data-driven frameworks. If budget allows, McKinsey and Gartner offer unparalleled depth for large-scale needs.

Supply Chain Efficiency

Spend Matters

JUNE 26, 2025

Step 1: Get leadership on board Before introducing any AI tools or automation, the first and most crucial step is securing dealmaker buy-in and sponsorship. Leadership needs to understand that AI is not just a futuristic concept; it is a tangible, practical tool that can streamline procurement, cut costs and improve decision-making.

Procurement

Procurement Software

JULY 6, 2025

Even when leadership acknowledges that buyers deliver more than just bottom-line savings, this appreciation rarely shows up in our performance objectives. These efforts keep budgets stable and prevent unnecessary spending, something every organisation should value. Let’s face it: this is frustrating.

Procurement

Spend Matters

APRIL 15, 2025

Despite the positive impacts of new technological opportunities, procurement leaders have cited difficulty maintaining data cleanliness, strict budgets, change management with stakeholders, and aging technology as the main barriers to implementation.

Real-time Visibility

Spend Matters

APRIL 15, 2025

Although the Chief Procurement Officer role is not new, periods of high uncertainty and crises, such as those caused by the pandemic, demand innovative and inspirational leadership to guide procurement through reinvention and toward excellence. The Supply Analyst.

Procurement

Jaggaer

FEBRUARY 28, 2025

Thus, we come back to the first point the need for a leadership mandate to track and record return on investment, backed up with clear KPIs. Mark Roberts was previously Commercial Director for the Metropolitan Police Service in London, the largest Police Force in Europe, with income contracts of 300m and an expenditure budget of 850m.

Procurement

TYA Suite

JUNE 12, 2025

Rather than relying on informal channels like emails or phone calls, a structured intake process uses standardized forms or digital tools to gather key information such as item specifications, quantity, budget, timeline, and justification. This expedites the review and approval processes while also increasing accuracy.

Procurement

Barkers Procurement

JANUARY 7, 2025

Then, based on the impact each project promises, a budget is allocated. Gauging this potential and, therefore, budget allocation, however, is highly dependent on an external variable: carbon datasets. This means that sustainability teams struggle to forecast, budget, and ultimately achieve carbon reduction plans.

supply chain budgeting

Procurement Software

MAY 25, 2025

Procuretech no longer requires a six-figure implementation budget and years of planning. This requires courage, and strong leadership, with the backbone and vision to drive radical change. You need entrepreneurial thinking, lean operations, and bold leadership. Look beyond what you’ve always used.

Procurement

Skill Dynamics

FEBRUARY 4, 2025

Purchasing decisions have a direct impact on a companys bottom line, so procurement workers need to understand basic principles such as cost analysis, budgeting, and return on investment (ROI). Sustainability and Ethical Sourcing Ethical considerations now need to be made at every level of the procurement process.

Procurement

Procurement Express

APRIL 24, 2025

That same mindset – measured progress over reckless speed – has guided her approach to finance and leadership ever since. Its also a smart move for budgeting. Even on the trail, it was the slow and steady climbers who reached the summit, not the ultramarathoners who charged ahead. million over a two-year period.

Purchase orders

Procurement Express

DECEMBER 31, 2024

By providing real-time insights, it helps businesses identify unnecessary spending and make informed decisions to optimize budgets. Gain real-time insights to eliminate unnecessary spending and stay within budget. Save time and minimize errors by automating purchase orders, approvals, and supplier invoices. Improved cost control.

supply chain software solutions

Procurement Software

JUNE 8, 2025

Budget constraints are a real challenge If your organisation genuinely cannot afford commercial solutions, building targeted tools with no-code platforms can provide significant value for minimal investment. But there are specific scenarios where it’s genuinely worth considering.

Strategy

Procurement Insights

MAY 22, 2025

Leadership Founder & CEO: Jag Lamba, former McKinsey consultant, leads the company with a focus on operational agility, risk management, and AI innovation. Budget Constraints Odds of Success: 85% Why: Certa.ai Result: Lower success in addressing Budget Constraints (due to rework), Technology Gaps, and Process/System Alignment.

Supply Chain Efficiency

Planergy

MAY 8, 2025

As procurement teams mature, theyre no longer just fulfilling orders or controlling spendtheyre enabling growth, mitigating risks, and aligning closely with finance and business leadership. Teams using these tools can reallocate budgets more effectively and surface hidden inefficiencies across departments.[7]

Strategy

SCMDOJO

FEBRUARY 5, 2025

It can open doors to career advancement and leadership roles. Budgeting several thousand pounds is a realistic starting point. Moreover, this is an excellent option for those looking to develop a long-term career in procurement and aspire to leadership positions.

Procurement

Procurement Insights

MAY 21, 2025

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? Relevance to CPO Concerns: Budget Constraints: Avoiding “rip-and-replace” tech projects reduces costs (e.g.,

supply chain budgeting

Procurement Insights

JANUARY 9, 2025

Budget Constraints: Limited resources for continuous training, upgrades, or user support. Improving Utilization Change Management: Effective training programs and leadership support. Misalignment with Business Needs: Tools not aligning with an organizations specific requirements may become unused.

supply chain software solutions

Procurement Insights

OCTOBER 30, 2024

What this tells me is that the success of any program starts with an organization’s leadership. Regardless of the talent vacuum, all organizations should already have strong leadership firmly in place. If not, the lack of talent at the operational level is the least of their problems.

Leadership

Procurement Insights

AUGUST 13, 2025

30 BONUS COVERAGE MODEL 2, LEVEL 1 ASSESSMENT ** Short-Term Impact (2007–2010) The Oracle and SAP points raised in Jon Hansen’s inaugural May 18, 2007, Procurement Insights post primarily served as discussion starters in an era of high e-procurement failure rates (75–85% of initiatives exceeding budgets while falling short on savings).

Agile and Lean Supply Chain

TYA Suite

MAY 23, 2025

Instead of relying on paper forms or emails, Procure to Pay Automation uses a digital requisition form that captures all necessary details, such as item description, quantity, vendor, and budget code. Businesses may examine spending patterns, evaluate , identify bottlenecks, and ensure budget compliance.

Real-time Visibility

Supply Chain Brain

AUGUST 10, 2025

Kenco’s 2025 Supply Chain Innovation Survey found that one in four professionals now have $500,000 or more in their budget to incorporate new tools and technologies, and 39% have seen their budgets increase this year.

supply chain budgeting

Spend Matters

APRIL 30, 2025

The modern procurement leader must manage risk, drive ESG, deliver cost savings and enable innovation often without additional headcount or budget. The next era of procurement leadership will be defined not by tools but by the ability to orchestrate value at scale. This was the focus of a webinar that took place on March 26.

Suppliers

SCMDOJO

AUGUST 5, 2025

Leadership must emphasize security goals, allocate budget for cybersecurity investments, and support cross-functional collaboration. The Mastering Resilience in Your Supply Chain course explores how to drive a security-first mindset across leadership, teams, and external partners.

Supply chain resilience

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? Overcoming this challenge requires clear communication, buy-in from leadership, and the inclusion of all relevant stakeholders in the decision-making process. Chances are, thats why you landed here. Lets help you fix it. What are the cost reduction strategies in procurement 1.

Strategy

Pipefy

APRIL 22, 2025

If it cant communicate with your ERP, finance, or legal systems, its impact stays limited.

Sourcing

Procurement Insights

JULY 2, 2025

What is worth noting is that organizational leadership did not establish any degree of collaboration between the different purchasing organizations from the outset. Impact: Executive sponsor disappointment Difficulty in securing future tech budgets Risk of “shelfware” if systems are not optimized 7.

Supply Chain Optimization

Procurement Insights

JUNE 18, 2025

savings on a $10M budget, scaled to 2025 contexts. 10) – simpler solution matching lower readiness L’Oréal (Top Innovator #1, Hansen Rank #4) gets premium solutions matching both innovation leadership and procurement maturity 4. Gartner: Predicts 5–10% savings through benchmarks (e.g.,

Supply Chain Optimization

Procurement Software

APRIL 27, 2025

Critical Spend = Higher Focus and Easier Budget Approval Category-specific tools also thrive because critical spend areas get high focus inside organizations. When spend is high or the category is mission-critical, even a small percentage of cost optimisation or risk reduction easily justifies the investment.

Procurement

Procurement Insights

JULY 1, 2025

Hansen Fit Score The Hansen Fit Score , as detailed in the Procurement Insights article, is an AI-driven algorithm framework (used in RAM 2025 Levels 1 and 2) that assesses technology providers based on organizational alignment, leadership profiles, and strategic risk management.

Agile and Lean Supply Chain

Shapiro Negotiations Institute

APRIL 28, 2025

” It’s what you desperately need Thursday afternoon when procurement just slashed your budget request by 30%, and you’re scrambling to explain to your team why they can’t have what you promised. At its raw, human core, persuasion is getting people to walk through doors willingly they weren’t planning to enter.

Negotiation

Procurement Insights

JUNE 1, 2025

Benefits: Avoided API shortages (post-COVID delays cost 1020% in production), faster vaccine trials, and market leadership. Benefits: Maintained 90% procurement budget; avoided tariff delays. Benefits: Saved 10% on energy budgets; supported local economies. COVID-19: Prediction: Strands (e.g., Digital supply chain tools (e.g.,

supply chain budgeting

Procurement Insights

JUNE 3, 2025

Example 3: ERP Implementation Delays Scenario: An SAP Ariba or Oracle implementation misses timelines and goes over budget. Poor performance is often the result of: Lack of training Weak leadership Incomplete integration Resistance to change TODAY’S TAKEAWAY Our cognitive landscape is undergoing a seismic shift.

Real-time Visibility

Procurement Software

FEBRUARY 16, 2025

Delegate Eliminating unnecessary processes in Procurement requires strong, visionary leadership. Each have their place, depending on organisational maturity, size of team, and budget. By removing these non-essential tasks, you can focus your time and energy on what truly matters. Many organisations lack this.

Procurement