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Procurement transformation 2025: Why invest in procuretech and how to make the case – Prewave

Spend Matters

In procurement, the infinite nature of deep supply chain mapping from raw material to end product is a practically textbook use case for AI. The continued emphasis on sustainability and ESG compliance has a huge influence on the need for procuretech. Many thanks to Prewave for sharing this insight with us.

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The Four Critical Points of Stakeholder (Agent) ESG Alignment

Procurement Insights

Collaborative efforts between buyers and suppliers, along with better tools, education, and incentives, can help overcome these barriers and foster a more sustainable supply chain. Reference to Scoutbee buycott versus boycott post.

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From Compliance to Innovation: Redefining Public Procurement in 2025

Future Purchasing

Furthermore, sustainability goals must be balanced with the need for cost-savings, supply chain resilience and meeting industrial strategy objectives. Sustainability: The Act makes it easier for government buyers to make sustainable procurement decisions.

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IBM Connected Trade Platform helps power the digitization of trade and supply chain financing

IBM Supply Chain Blog

Today, we are seeing significant digital disruption in the business of trade and supply chain financing that is largely influenced by global events and geopolitics, changing regulations, compliance and control requirements, advancements in technology and innovation, and access to capital.

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Building Supply Chain Resilience in the Real World

Speaker: Kelly Barner - Co-Founder & Managing Director of Buyers Meeting Point, LLC

Global inflation is at record highs and the Great Resignation has given way to the Great Reshuffling, leading to uncertainty in talent markets. What will 2023 bring? Time will tell, but it is unlikely to be a return to the pre-pandemic normal.

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The Evolving Role of Strategic Leadership in Procurement – Part 1: Control what you can, monitor what you can’t

Jaggaer

We need to bring cost, resilience and sustainability into harmony and in doing so we need to look again at strategic leadership in the function. From resilience to agility As Iain was quick to point out, there is no shortage of people offering advice on supply chain resilience.

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When does a negotiation reach a conclusion, e.g., when is it really over?

Procurement Insights

I have been negotiating as either a buyer or a seller for most of my life. Here are a couple of the more memorable ones: Does Age Influence Contracting Negotiation Styles? Like supply chain resiliency, negotiations must also have a certain fluidity to address the volatility we have experienced over the past few years.