The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
It’s THE hot topic of the week.ORO Labs pulled a rabbit out of the hat on Tuesday, announcing their acquisition of London-based analyst and consultancy firm ProcureTech.I...
Digital procurement tools offer both immediate benefits and long-term returns.While full-scale digital transformation certainly takes time, organisations can see rapid improvements in efficiency, collaboration, and data...
In this week’s deep dive article, I share my opinion and thoughts about CIPS, and the ongoing debate in the procurement community:Is CIPS (the Chartered Institute of...
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 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are crucial to measure the success of streamlined procurement process.However, many KPIs in procurement have become outdated.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...
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...
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...
Ensuring your procurement team has the optimal blend of procurement training is a challenge. It’s often difficult to balance the right type of content, while...
Let’s put together a team that represents the future of procurement. One that’s fit for the rapid period of change that we’re currently living through....
We’d all like the latest digital procurement tools. But often, those who aren’t familiar with the procurement software market mistakenly overestimate the cost.The reality is...
When you hear the words Generative AI in Procurement, your reaction is probably one of two things:Either you get excited, thinking of all the benefits...
AI in procurement – especially generative AI – is going through the hype phase at the moment. But make no mistake. In one form another,...
Hot diggity dawg! US procurement startups are killing it.There are so many, in fact, that we expanded our article to include 25 of them. What...