The latest news on people and tech in the digital procurement space, as well as thought leadership pieces on all things procurement software.
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...
Category-specific procurement tools – both in the direct and indirect spend space – are quietly booming. Even now, with a lot of talk about a stark consolidation of procurement SaaS solutions,...
We’re often bombarded with marketing from procurement tech companies, telling us how their product will enrich our work lives.And while all of us here at...
What are the major differences between running your procurement operations in ERP, S2P suites or a best-of-breed digital procurement tools?For folks like me, who are deeply involved in...
Digital procurement tools – there are literally hundreds of them out there now. We have over 440 of them listed in our software database.So, which one...
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...
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...
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...
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are crucial to measure the success of streamlined procurement process.However, many KPIs in procurement have become outdated.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....
