Procurement Insights

JULY 1, 2025

The document analyzes the evolving role of procurement in a complex, rapidly changing world characterized by geopolitical risks, technological disruption, and rising sustainability expectations. Jon Hansen is the founder of Procurement Insights, a platform focused on procurement-related insights and advisory. ​

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Procurement team Collaboration Sustainability Supply Chain Efficiency 52

Procurement Insights

JUNE 7, 2025

Hansen’s 1998 concepts of agent-based modeling, Metaprise infrastructure, time zone polling, and advanced self-learning algorithms for procurement and supply chain management share conceptual similarities with Jeff Bezos’ supply chain model at Amazon, particularly in their emphasis on decentralized, data-driven, and adaptive systems.

Supply Chain Optimization 75

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency supply chain budgeting 75

TYA Suite

MAY 13, 2025

This is where operational procurement proves its true value. But what exactly does procurement operations mean, and why is it so important? In this blog, well explore the true meaning of operational procurement, how it supports core business functions, and the impact it can have on overall performance.

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Procurement supply chain budgeting Supply Chain Efficiency Raw materials 40

TYA Suite

MAY 13, 2025

Is your procurement process draining your budget? In many organizations, procurement is one of the largest areas of spendingbut its also where hidden savings often go unnoticed. This is why procurement cost reduction is not just an option; its a necessity. Why is Cost Reduction necessary in Procurement? The result?

Strategy 40

Strategy Import Procurement Raw materials 40

Jaggaer

JUNE 25, 2025

From automating tasks and generating insights to driving innovation in manufacturing and procurement, GenAI is a versatile force that’s rapidly becoming essential. For businesses, understanding how GenAI functions is the first step toward adopting it for improved outcomes across procurement, finance, operations, and beyond.

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Procurement Innovation Demand Planning Data 52

Spend Matters

JUNE 3, 2025

For many Chief Procurement Officers (CPOs), the real message was clear: Volatility is back, and this time, it demands faster, more coordinated and more data-driven responses. And they are testing the limits of procurements preparedness. Production relocation or re-routing through trade-compliant intermediaries.

Agile and Lean Supply Chain 93

Agile and Lean Supply Chain Real-time Visibility Supply Chain Efficiency Procurement 93

Jaggaer

OCTOBER 24, 2024

This resilience can be defined as “ the ability of a central procurement and supply management function to prepare for unexpected events, respond to disruptions, recover, and emerge even stronger. ” Manufacturers cannot foresee every risk, inconvenience, or disaster, but they can equip themselves to handle the unexpected and come out on top.

Collaboration 52

Collaboration Suppliers Supply Chain Efficiency Agile and Lean Supply Chain 52

Jaggaer

OCTOBER 24, 2024

Moreover, by involving suppliers in the initial stages of product development, companies can identify potential issues before they become costly problems. Supply chain resiliency & risk mitigation Resiliency has become a key concern for businesses in a dynamic market environment.

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Collaboration Innovation Suppliers supply chain budgeting 52

TYA Suite

MAY 23, 2025

In this type of collaboration, businesses and suppliers work closely together to design and develop new products or improve existing ones. Collaborative product development helps create innovative solutions and ensures that products meet both quality standards and market demands.

supply chain software solutions 40

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 40

Procurement Insights

JULY 22, 2025

Helps procurement teams avoid high-failure solutions driven by marketing hype, and focus on those that deliver sustained KPI gains. ProcureTech Focus: Sales Orientation vs. Strategic Fit Why It Matters Distinguishes solution providers that are sales-driven vs. those focused on long-term client success and alignment.

Real-time Visibility 52

Real-time Visibility Product development Procurement team Procurement 52

Supply Chain Game Changer

JUNE 21, 2025

Why the Supply Chain Matters for Startup Growth For early-stage startups, the supply chain is often an afterthought compared to product development and marketing. Smart contracts – Blockchain-based smart contracts increase procurement efficiency and transparency.

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Agile and Lean Supply Chain Supply Chain Efficiency Supply Chain Optimization supply chain budgeting 59

Procurement Insights

MAY 15, 2025

Critical Perspective The establishment narrative often highlights Coupas revenue growth ($1 billion in billings by 2024, Procurement Magazine) and non-GAAP profitability as signs of success, but this masks the GAAP reality of losses until 2024. high acquisition debt, economic headwinds in 20222023). .”

Spend management 52

Spend management Supply Chain Efficiency Change management supply chain software solutions 52

Supply Chain Game Changer

JUNE 29, 2025

Plastic Prototypes Plastic prototype manufacturing refers to the process of producing a prototype of a plastic product. Plastic prototyping is a common method used in product development to test and validate design concepts, functionality, and user experience before mass production.

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Suppliers Quality Price Product development 83

Jaggaer

APRIL 9, 2025

How AI is Transforming Manufacturing: Strategies, Benefits, and Use Cases Artificial Intelligence (AI) is a huge topic and one that is constantly changing as research and development efforts push out the boundaries of whats possibleand whats already happening! The end result is consistent product quality.

Strategy 52

Strategy Supply Chain Optimization Supply Chain Efficiency Quality 52

Procurement Insights

JUNE 26, 2025

Consolidation-Driven : Positioned Emptoris as a consolidator in procurement tech, directly competing with ERP giants—a strategy culminating in IBM’s acquisition (2011). 2025: AI-driven procurement boom prioritizes agility and UX (ORO’s strength)[ProcureTech 100]. Oracle, SAP) seeking next-gen procurement AI.

Innovation 52

Innovation Procurement Risk Collaboration 52

Pipefy

NOVEMBER 6, 2024

This capability enables organizations to anticipate market trends, personalize customer experiences, and enhance product development. Sectors such as Procurement, Human Resources, and Finance stand to gain significantly from automation. Businesses face increasing pressure to streamline operations and enhance efficiency.

Innovation 52

Innovation Sustainability Product development Management 52

Supply Chain Game Changer

JUNE 15, 2025

You can, therefore, allow your employees to be outstanding at tasks that affect your bottom line, like procurement, production, and distribution. You can then use this information to optimize your supply chain processes, such as demand forecasting, inventory management, and product development.

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supply chain budgeting Supply Chain Optimization Supply chain Supply 84

Supply Chain Brain

JUNE 22, 2025

AI also can aid in speeding up the whole product-development process, from ideation to design, testing and full-scale production, Singhal says. For Intel, Small Is Beautiful, Both in Product Size and Supply Chain Cost When Implementing Global TMS, the World Isnt So Small, After All Robert J.

Supply Chain Optimization 76

Supply Chain Optimization Agile and Lean Supply Chain Supply Chain Efficiency Real-time Visibility 76

Jaggaer

JUNE 25, 2025

New Product Development & Customization Product designers now use generative AI throughout the product development lifecycle, from the initial concept to manufacturing and procurement, with feedback loops to integrate user and customer feedback for continuous improvement.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Innovation Ethics 52

ivalua

SEPTEMBER 8, 2015

Accenture’s recently published “ Is Yours a Procurement Organization of One? provides a bold look into the near future of procurement organizations. This is a mindset shift for procurement teams, but it should not be such a stretch. Digital platforms and technologies, Accenture emphasizes, are no longer just enablers.

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Procurement Procurement team Innovation Suppliers 149

Procurement Templates

JUNE 18, 2023

Money buys less than before How should procurement manage inflation? ChatGPT Procurement departments can take several steps to manage inflation effectively. Procurement professionals should consider diversifying their supplier base to have alternative options available.

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Procurement Supply Chain Efficiency Raw materials supply chain budgeting 130

Procurement Leaders

MARCH 18, 2024

A few weeks ago, I wrote about how procurement, R&D and sustainability were being rolled under one leadership at Mars Wrigley. The call I refer to focused in part on the recent news of how Swedish manufacturer Electrolux had taken the decision to align sustainability with product development.

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Sustainability Product development Innovation Suppliers 130

Procurement Leaders

JUNE 13, 2022

Procurement teams can have all the right people, skills, systems and processes in place, but without the right connections and relationships with the rest of the business the function can still fail to meet its potential and deliver against the needs of the wider organisation. Implementing a new operating model.

Collaboration 130

Collaboration Strategy Product development Supply Chain Efficiency 130

ivalua

MARCH 24, 2021

The role that procurement plays in manufacturing organizations is a difficult one. Without digitization, many manufacturing organizations see one or more of these areas suffer due to a reliance on manual processes, a lack of collaboration with suppliers, and little to no visibility of risk during the product development process.

Supply Chain Efficiency 130

Supply Chain Efficiency Agile and Lean Supply Chain Supply Chain Optimization Supply chain 130

Procurement Leaders

MARCH 26, 2024

For many procurement and supply chain leaders, it is standard practice to involve suppliers early when developing new products and services. Part of the explanation was the then famous ‘Toyota Production System’, an approach to organising manufacturing and logistics efficiently and without waste. But does it work?

Suppliers 130

Suppliers Product development Supply Chain Efficiency supply chain budgeting 130

Una

FEBRUARY 20, 2023

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

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Procurement strategies Strategy Procurement Agile and Lean Supply Chain 98

Procurement Tactics

MAY 12, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Scotland Import and Export Statistics Scotland’s imports and exports rely heavily on its vast economic strength however, after Brexit, the country feels its reconstructed trade agreement.

Export 192

Export Import Sustainability Negotiation 192

Procurement Tactics

JANUARY 2, 2023

33 Procurement Interview Questions in 2023. This collaboration includes idea generation, new product development, product concept development, large-scale production, and market testing. . Supplier relationship and management is significant to streamline your procurement and supply chain process.

Suppliers 199

Suppliers Supply Chain Efficiency Real-time Visibility Supply chain 199

Procurement Insights

APRIL 20, 2024

” In the future, the analyst’s job is to track and monitor the activities of the ten they chose, including news, product development, and anything and everything about the provider. for the procurement world, with analysts rewarded for choosing the “right players.” Think of it like DraftKings Inc.

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Procurement Product development 85

Procurement Heads

JUNE 20, 2023

I describe it as closer to four decades than three decades, and a good chunk of that has had a heavy focus on procurement. You were named in Procurement Magazine’s top 100 women in Procurement list, how did it feel to be recognised? We now see supply chain or procurement leaders have a space at the table. It is huge.

Supply Chain Efficiency 244

Supply Chain Efficiency Supply chain Procurement Collaboration 244

Procurement Tactics

DECEMBER 6, 2022

33 Procurement Interview Questions in 2022. It is a set of practices that ensures smart procurement decisions and efficient purchasing. Spend management usually includes strategic procurement processes such as category management, supplier management, inventory management, and product development. . LEARN MORE.

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Spend management Management Real-time Visibility Budget 172

Procurement Tactics

DECEMBER 5, 2022

33 Procurement Interview Questions in 2022. India is known as the destination for product development and sourcing. Many companies worldwide import a wide range of products due to the remarkable growth and transformation of the manufacturing industry. . Negotiation Course For Procurement Professionals. LEARN MORE.

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Sourcing Quality Suppliers Price negotiations 182

Una

SEPTEMBER 14, 2022

Rohit started his career working in product development, and over time that evolved into vendor management roles in procurement. As a result, risks from cybersecurity and ransomware are increasing – as are the costs and business implications associated with them. Rohit Hajela on LinkedIn.

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Risk Vendor management Purchasing Product development 119

Jaggaer

APRIL 18, 2019

in 2018) and expectations of cost and efficiency savings growing faster than ever, that is the reality faced by procurement professionals. Unfortunately, the survey revealed a clear misalignment between these concerns and what the CPO Agenda terms “procurement critical development priorities”. Improve customer-centricity.

Procurement 78

Procurement Supplier relationship management Eprocurement Risk management 78

Spend Matters

OCTOBER 17, 2023

After 12 months of intense debate, Spend Matters is delighted to release the 2023 ‘ 50 Procurement Providers to Know ’ and ‘50 Procurement Providers to Watch ’ lists. The ‘ 50 Providers to Know ’ list highlights leading technology and services providers that continue to raise the bar for procurement. Have 5+ customers.

supply chain software solutions 123

supply chain software solutions Innovation Supply Chain Efficiency Procurement 123

Procurement Tactics

JUNE 7, 2023

Bonus PDF: 51 ChatGPT Prompts to 10X Your Productivity in Procurement Download 51 Prompts →  Or receive our famous weekly newsletter Supplier Collaboration Software — What You Should Know The use of supplier collaboration software continues to rise as businesses grow and technology advances. However, what is it?

supply chain software solutions 130

supply chain software solutions Collaboration Suppliers Supply Chain Efficiency 130

Procurement Software

FEBRUARY 14, 2023

I wanted to bring you the key criteria that you should consider when sourcing or considering a digital procurement solution. If you’re more of an audio person, we also ran a recent episode of the podcast covering some of these, which you can access here: What are the top 10 criteria to consider when buying procurement software?

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supply chain software solutions Procurement Price Sourcing 72