The Good Spending

MAY 13, 2024

NHS IT System (2001-2011) The national program for IT in the health service is the largest civilian computer project in the world. It was spawned in late 2001 and early 2002. NHS soon announced that the procurement process for the program would be structured to attract global IT players. My Udemy course "Procurement Lab."

Procurement 64

Procurement Contract Stakeholder engagement Negotiation 64

Procurement Insights

OCTOBER 12, 2023

In 2009, Procurement Insights did a series of interviews and a panel with the leaders for providers I called the New Titans of the SaaS World series. By selling my software company for $12 million in 2001, I have even been a part of the evolutionary process.

Procurement 78

Procurement Leadership Management Data 78

ivalua

MARCH 22, 2023

We are thrilled to invite procurement leaders, innovators, customers, and colleagues to Ivalua NOW Nashville. Don’t miss your chance to join us to discover groundbreaking techniques to maximize the potential of your procurement teams and processes. March 22, 2023 | | Ivalua NOW by Eloise Barnum Y’all Ready?

Innovation 130

Innovation Spend management Procurement team Leadership 130

Procurement Insights

AUGUST 22, 2024

I felt the same way I do now when I gave a radio interview after selling my company for $12 million in January 2001. Remember, this is January 2001, and this is the CFO. On February 15th, 2001, Reuters reported, “Nortel cuts 2001 earnings and sales forecast in half, blaming severe erosion in U.S.

Procurement 52

Procurement 52

Spend Matters

AUGUST 8, 2022

Categories: Accounts Payable , P2P , Payments , Procurement Systems & Architecture , Spend Management , Technology Tags: PRO Medius began life in 2001 in Sweden as an AP automation solution; in 2006 it opened offices in Norway, Denmark and the Netherlands; in 2008 in Poland. Read more. ).

Market analysis 75

Market analysis Spend management Buyers Change management 75

Positive Purchasing

FEBRUARY 7, 2024

We are delighted to be sponsoring Procurement Strategies & Innovation (PSI) on 5 March 2024! Formerly known as eWorld Procurement & Supply, this is the UK’s technology showcase for procurement professionals. For more information on the event and to book your FREE place please click here to visit the event website.

Procurement strategies 52

Procurement strategies Innovation Strategy Procurement 52

Strategic Sourceror

JULY 7, 2022

WebVan was a California tech startup that promised at-home grocery delivery services for a relatively low price, eventually going bankrupt in 2001 as the bubble began popping. Let's take a step back for a moment to days of the 1990's-2000's tech boom and consider a company so far ahead of its time that it was doomed to fail.

Supply Chain Efficiency 84

Supply Chain Efficiency Strategic sourcing Strategic sourcing Procurement 84

ivalua

MAY 21, 2019

Spend Management software has emerged as an increasingly strategic tool for businesses, boosting profitability by streamlining procurement processes, improving collaboration with suppliers and optimising cash flow. Ivalua is the Procurement empowerment platform. About Ivalua. Group, Despegar and Ola. About ARDIAN.

Innovation 100

Innovation Spend management Management Strategy 100

Procurement Insights

AUGUST 28, 2024

Getting It Right Or Being Right This past year, in particular, has been one of the most eye-opening of my 40-plus years in the industry regarding what is behind the curtain of too many solution provider offerings – including the dotcom collapse in 2001. The 75 to 85% e-procurement initiative failure rate gives testimony to this fact.”

Procurement 52

Procurement supply chain software solutions Influencing Supply chain 52

Procurement Insights

DECEMBER 14, 2024

They were included in the2024 ProcureTech100, a list curated by ProcureTech in association with Kearney highlighting the top 100 pioneering digital procurement solutions globally. Target Audience: Procurement professionals seeking data to strengthen price negotiations. Of the above providers, Beroe Inc. NEGOBRAIN.AI

Price negotiations 64

Price negotiations Negotiation supply chain budgeting Price 64

Procurement Software

OCTOBER 10, 2023

” The War for Talent and its impact on Procurement However, the task of getting these exceptional individuals on board is becoming increasingly challenging. There is an ongoing battle to secure top talent in procurement. This was subsequently popularised in the 2001 book of the same name. What does the war for talent mean?

Procurement 59

Procurement Real-time Visibility supply chain software solutions Category management 59

Procurement Insights

MARCH 8, 2024

” As a side note, I sold my company and patent for $12 million in 2001, and I regret it to this day. .” The theory is pretty straightforward and is based on the belief that seemingly disparate strands of data streams have connecting attributes that, when identified, demonstrate a “collective impact.”

Sustainability 78

Sustainability Supply chain Data Supply 78

Procurement Insights

JULY 25, 2024

2001 Zycus India (U.S.) To access my article archives of any of these providers, type their name in the search box. Each has a unique journey. That being said, how do you measure or quantify success?

Sourcing 52

Sourcing Supply chain Supply Procurement 52

Procurement Insights

DECEMBER 11, 2023

” Dale Neef’s 2001 book E-procurement: From Strategy to Implementation talked about the EDI barrier, and the emergence of XML as a better way to engage more second and third-tier suppliers immediately comes to mind. .” – Christian Lanng (LinkedIn Post) Nov.

Suppliers 59

Suppliers Bidding Networking Contract 59

Procurement Insights

AUGUST 30, 2023

Posted on August 22, 2011 (Original post date May 2007) Dangerous Supply Chain Myths Revisited (Part 7): Enabling Technology – The Emergence of the Metaprise Each day for the next seven days I will be posting parts 1 through 7 from what is considered to be one of the most popular series in the Procurement Insights Blog’s history.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Insights

DECEMBER 8, 2023

EDITOR’S NOTE: Not long after forming in 2006, Coupa’s founders, Dave Stephens and Noah Eisner, were some of the first sponsors of the Procurement Insights blog. But rather than focusing on new and emerging technologies, today’s procurement professionals seek insights into the actual processes that drive their enterprises.

supply chain software solutions 80

supply chain software solutions Supply Chain Efficiency Collaboration Supply chain 80

Procurement Insights

SEPTEMBER 6, 2024

within 3-months Achieved a 23% on average reduction in MRO cost of goods annually over several years Reduced the collective organizations’ FTE count from 23 to 3 within 18 months Before selling the company in 2001 for $12 million – something I regret doing to this day- we had achieved similar success for the NYTCA.

Stakeholder engagement 64

Stakeholder engagement Procurement Contract Collaboration 64

Procurement Insights

SEPTEMBER 13, 2024

Merlin is an AI-driven platform that automates tasks, generates insights, and supports decision-making by enhancing procurement and sourcing processes. The suite leverages artificial intelligence and machine learning to provide features like cognitive procurement, intelligent contract management, and predictive analytics.

Procurement team 52

Procurement team Supplier negotiation Procurement supply chain software solutions 52

Supply Chain Opz

MAY 25, 2013

According to Lummas et al 2001 , the word "Logistics" in English appeared in the article as early as in 1898. The purpose of this article is to shed the new light on this topic, who coined the terms, the true meaning of the terms and its relationship with other disciplines. 1) Current State.

Logistics 99

Logistics Supply chain Supply Supply chain management 99

Procurement Insights

MAY 14, 2024

Conversely, the value of being on the front lines of procurement is that the feedback you receive is a true reflection of a present-day reality (or mindset) and not linked to a long-held belief that is the result of past corporate affiliations. Remember one other important point—employees are internal stakeholders. Yes, Virginia!

Suppliers 58

Suppliers Import Leadership Collaboration 58

Supply Chain Game Changer

NOVEMBER 17, 2018

We dug that company out of terrible financial difficulty after the “internet bubble” burst in 2001. We achieved recognition both internally and externally for our sourcing and procurement accomplishments in the spend management area. My tenure at AMD was amazing.

Leadership 74

Leadership Supply Chain Optimization Supply chain Supply 74

Procurement Insights

SEPTEMBER 25, 2024

I have been in high-tech and procurement for more than 40 years, and while I have heard of Panasonic, I have not heard of Blue Yonder. You will find this post from my Procurement Insights archives an interesting read – [link] Solution Provider: Jon, Thank you for your insight. We are owned by Panasonic! I want to learn more.

supply chain software solutions 52

supply chain software solutions Supply chain Procurement Networking 52

Procurement Insights

JUNE 1, 2024

A Great Journey Not long after I launched this blog in May 2007, Dave Stephens contacted me about sponsoring Procurement Insights. Having built up and sold my software company in 2001, I understood the need for economy and how the big analyst firms charged a staggering amount to get coverage and exposure in the industry.

supply chain software solutions 52

supply chain software solutions Leadership Product management Strategy 52

Procurement Insights

JUNE 17, 2024

What I did not expect was the following dialogue: Michael Lamoureux (HE/HIM) Fractional Chief Research Officer, Procurement/Supply Chain Expert, Optimization Guru, Solution Engineer, Technology Management, Due Diligence, Writer, Leader, Board Member, Scholar, Futurist, & “the doctor” (IEEESM, HKN) Jon W.

Supply Chain Optimization 52

Supply Chain Optimization Influencing Supply chain Procurement 52

Procurement Insights

DECEMBER 12, 2022

. “Organizations that already have a technology-driven program in place or have just recently implemented one still surprise me with their significant interest in the dramatic changes in procurement methodologies and practices. Industry studies for 2001-2005 indicate 75-85% of all programs fail to achieve the promised results.

supply chain software solutions 40

supply chain software solutions Procurement Supply Chain Efficiency Supply chain 40

The Procuretech Podcast

JULY 12, 2022

Grant hails from the UK, but his experience should be applicable to public procurement in any developed markets. They developed a piece of software with MIT in Boston to run the ordering and procurement process for the business. In 2001 they were offered the Scottish government's P2P service, which they're still running.

Sourcing 52

Sourcing Contract management Data Inventory 52

Procurement Tactics

FEBRUARY 23, 2023

18 Must-Have Negotiation Skills For Procurement Professionals Download Course Details →  Or receive our famous weekly newsletter Ultimate 2023 Negotiation guide — A Comprehensive Overview Negotiation is part of our everyday life. The Negotiation Process The negotiation phase is the trickiest part of the procurement process.

Negotiation 130

Negotiation Influencing Strategy Import 130

Procurement Insights

AUGUST 9, 2024

In 2001 the name was simplified to Gartner. Well, in December 2001, The Bain/Oracle E-Business Impact Project was released in which Bain & Company, Inc. Source: Wikipedia Step right up ladies and gentleman as I dazzle you with the amazing wonder tool! ” I wonder if Oracle has ever been part of that equation?

supply chain software solutions 52

supply chain software solutions supply chain budgeting Supply chain Supply 52

Procurement Insights

MAY 31, 2024

As a side note, I sold my self-learning algorithm, a nascent AI company, for $12 million in 2001. Over the years, it has been interesting to see the company’s evolution from one of the early stars of the dot-com era. Sometimes, I regret getting out so early—sometimes, not.

Management 40

Management 40

Procurement Software

JUNE 13, 2023

Knowing which solution is suited to your business and level of procurement maturity is a minefield. SMEs are unlikely to see an ROI on procurement software unless it’s a lower-priced software with relatively basic functionality. I’m referring here to the likes of as SAP Ariba , GEP and Coupa procurement software.

supply chain software solutions 52

supply chain software solutions Contract management Contract Sourcing 52

The Good Spending

SEPTEMBER 14, 2021

Still, most of them provide explanations along the lines of 'to be agile… procurement organizations need to have the knowledge and ability to move quickly.' Some advisors suggest differentiating 'agile' and 'Agile' (the adjective vs. the one following the Agile Manifesto ). Agile is better than traditional methodologies.

Leadership 52

Leadership Negotiation Contract Change management 52

Supply Chain Game Changer

NOVEMBER 17, 2020

” Here is a summary of how these Global Supply Chain and Business Leaders responded and shared their lessons learned: Kristie Syndikus, VP Procurement at Maple Leaf Foods. In reality, a few abrupt moves and getting laid off in 2001 by Dell drove a sharp left-hand turn in my career in 2002 that evolved to where I am today.

Leadership 53

Leadership Supply Chain Efficiency Supply chain Import 53

Procurement Insights

AUGUST 24, 2024

That is why, Bill, it will ultimately be more devastating than the dot.com bust in 2001. The above expansion, then contraction, is like high blood pressure in that right now we don’t recognize the impact, and we don’t know what the consequences will ultimately be for supply chains, of which 60% of SMEs are critical parts.

Supply Chain Efficiency 52

Supply Chain Efficiency Supply chain Contract Supply 52

Procurement Insights

JUNE 25, 2024

This past year, I have been lamenting in these pages my decision to sell my company in 2001 for $12 million. Yes, I may be turning 65 in July, but I am smart enough to know that I “ain’t smart enough now” (or, for that matter, ever).

Import 52

Import Management Leadership Supply chain 52

Procurement Insights

DECEMBER 22, 2024

Subject: Tony Callahan , VP National Purchasing, Shea Homes ProcureTech Provider: ProPurchaser Summary: ProcureTech Provider: ProPurchaser In the discussion meeting between Tony Callahan and Jon Hansen, Tony shared insights on his extensive experience with ProPurchaser, a platform he has utilized since 2001.

Purchasing 52

Purchasing Strategy Supply chain Supply 52