The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
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...
You’d think the age-old “build vs buy” debate would have been settled by now.The procurement technology landscape is incredibly crowded, with over 450 software solutions competing for...
The market for procurement talent harbours a dangerous disconnect. Procurement Directors post openings demanding Excel wizardry and SAP expertise. Meanwhile, AI quietly renders these skills...
Procurement stands at a crossroads. The old ways of working no longer fit our digital world.Traditional procurement teams operate too much like bureaucratic machines. They...
“Lone wolves” and procurement leaders of small teams often face outsized expectations. Limited resources and growing demands create a challenging environment. The good news? Technology...
Maverick spend costs organizations millions of dollars in lost savings, it impacts budgets because it bypasses negotiated contracts and supply agreements, and additionally creates significant...
Effective Hourly Rate is a concept I came across back in 2017.Back when what seems like an eternity ago, I still had a corporate job....
Procurement software for SMEs (Small and Medium-sized Enterprises) is often an overlooked area. The procuretech space is dominated by solutions geared towards larger enterprises with...
This week’s piece was inspired by a LinkedIn post from well respected industry commentator Jon W. Hansen.He’s predicting that 75% of AI (procurement tech) solution...
Procurement has the once-in-a-lifetime opportunity to evolve into a strategic powerhouse.Will we grasp it, or will we fluff it?A lot of that will depend on...
Low cost purchasing software – is it a myth?And do any of these affordable solutions also have transparent pricing?The answer is YES to both.In the...
No Code Procurement is a phrase I came up with to highlight the many opportunities that are out there to build procurement apps using existing...
Hot on the back of me going to a couple of conferences, I thought it’s worth asking the controversial question: Are they worth it?We’ve certainly...
As procurement software evolves, intake and process orchestration solutions are one of the most interesting arrivals on the scene.These newer tools aim to offer a more flexible and...
1999. The year I first tasted procurement.I was doing a summer job as a Buying Assistant in an automotive gearbox manufacturing company in my hometown.Procurement,...
