Blog

The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.

Does Direct Procurement Need Its Own Tech Stack?

Direct procurement involves acquiring raw materials and components essential for your production process. Indirect procurement, on the other hand, generally deals with non-complex goods and...

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Moving Beyond Procurement Cost Savings to Driving Value

Procurement cost savings stand out as a critical lever in the pursuit of trimming down expenses without compromising on quality. However, the work of procurement...

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11 Great Procurement Tools for Manufacturing Companies

Digital procurement tools for manufacturing companies are finally flourishing.While procurement technology for indirect spend continues to flourish, we’re now also seeing a new wave of great tech...

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9 “Alt” Procurement KPIs and Metrics for Modern Teams

Procurement KPIs and procurement metrics are crucial to measure the success of streamlined procurement process.However, many KPIs in procurement have become outdated. We need to...

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Will AI replace Procurement in supplier negotiations?

Will AI replace procurement professionals in negotiations? It’s one of the fears haunting the corridors of procurement teams right now. But, not so fast. While...

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Intake & Procurement Process Orchestration (2024 Guide)

Intake and procurement process orchestration is all about managing stakeholders as they navigate through the procurement process. Or, perhaps, it’s the best way to mitigate...

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BCG’s 10 Step Plan for Procurement Excellence

Procurement excellence is a hot topic these days. If Procurement is to deliver more with less, it’s essential that we get the most out of...

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Digital Procurement in SMEs and Emerging Markets

This blog post is based on a video interview I gave about digital procurement back in January in Dubai with Dr. Muddassir Ahmed of SCMDOJO....

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How to succeed with eAuctions: An essential guide

eAuctions are an essential alternative to traditional negotiation methods. With tangible benefits for buyers, eAuctions could help your organisation survive the economic downturn. In this...

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Requisition to Order: Fraport and Lhotse success story

This article summarises a recent discussion of a successful requisition to order process implementation case study. Featuring Lhotse’s Co-Founder Henning Hatje and Senior Solutions Advisor...

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How The Best Procurement Tech Improves User Experience

With the rise of smartphone apps, user experience has become a vital metric for the success (or failure) of software implementation. Over the last few...

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What is Sourceable Spend?

Sourceable spend is a concept to evaluate how much freedom a Buyer actually has over whether, and from whom, they purchase goods or services. Around...

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Procure-to-Pay (P2P) vs. Source-to-Pay (S2P)

Procure-to-Pay (P2P) and Source-to-Pay (S2P) are not just fancy acronyms used by consultants, procurement and finance professionals. Behind these terms are whole concepts of processes...

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10 Key Criteria for Selecting Procurement Software

Selecting procurement software is tricky. Today, more than ever, with the sheet number of procurement tech solutions on the market. A lot of the “best...

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ProcureCon EU vs. DPW: Which Procurement Conference is Best?

Well, we’ve had 2 years of procurement conference organisers experimenting during the pandemic. But, I think it’s now widely accepted that virtual conferences aren’t that...

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