The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
The contract management software market is in flux right now.Procurement organizations finally seem to have realised that most legacy CLM tools were built for Legal,...
Supplier Relationship Management means different things to different people.Some organisations see SRM as purely administrative. Others claim to pursue strategic supplier relationships that drive top-line...
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...
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...
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...