The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
Procurement teams constantly chase savings in the same obvious places. Direct materials get negotiated to death.But there’s a goldmine hiding in plain sight. Your tail...
Traditional roles are fading. New procurement roles are emerging, and some may surprise you.The procurement job market is about to look very different. I mean,...
Free text purchase orders are where some of your easiest cost reduction opportunities are lurking. They represent irregular spend. Often, they’re one-time purchases or non-repeatable...
The old-school CPO continues to fade into insignificance.While they struggle to gain respect and influence within their organizations, a new, dynamic breed is emerging. Meet...
Your first tech investment should be spend analytics software.Picture this: you’ve just landed a Head of Procurement role at a growing company. Where do you...
Is procurement under-resourced? Teams are drowning in bureaucracy, buried under manual processes that add zero value. We’re fighting for more headcount. Instead, the focus should...
I’ve always said spend analytics software would top my investment list. That is, if I were starting fresh as a Head of Procurement in a...
AI in strategic sourcing is relatively new.Whereas e-sourcing tools, on the other hand, have revolutionised procurement over the past two decades. However, these platforms have always...
Have you noticed how many procurement managers are jumping ship?LinkedIn released data a few years ago showing a significant exodus of supply chain professionals and...
Agile procurement – and the use of agile methodology in procurement decision-making – doesn’t get talked about enough. It’s time we took a closer look...
Microsoft announced in early July that it is laying off 9,000 workers. This comes as a third wave of redundancies this year, taking the total number...
Cost avoidance in procurement rarely gets the recognition it deserves from CFOs. Despite the industry’s shift toward a broader value-driven view of procurement excellence, most teams are...
Invoice problems are the bane of procurement teams.Picture this: You’re deep in a value-added task when your phone rings. It’s that vendor again. The one...
Your poor procurement data probably means you’re losing money without even knowing it.How?Messy procurement data is the invisible fiend lurking in your business operations, silently...
Procurement efficiency (or lack of it) is the elephant in the room. Most experienced Procurement Managers don’t enjoy performing administrative tasks and firefighting operational issues.And...
