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What are the top 10 procurement predictions for 2030?

Procurement Insights

EDITOR’S NOTE: I am under embargo regarding the advanced copy I received from ZIP with their Procurement Predictions for 2025. I have gone through the Procurement Insights archive of 2,410 posts from 2007 to today to provide what I believe will be a unique context explaining the evolution of predictions over the past couple of decades.

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What is Purchase Price Variance (PPV) and How to Calculate it?

SCMDOJO

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred.

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Melissa Drew on Fast Talk, AI, and Closing the Gender Gap in Supply Chain

Let's Talk Supply Chain

With a decade hallmarked so far by constant disruption, consumers are more aware of supply chain and how industry shortages , the gender gap in supply chain, and climate events impact their daily lives and local communities. A term that once only resonated with industry insiders is everywhere.

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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

EDITOR’S NOTE: The following is a reprint of the March 25th, 2015 article The Impact Of An M&A On The Procurement Department This morning I read a post by Roz Usheroff regarding the just announced merger between Kraft and Heinz, and how an employee can both survive and thrive when an M&A occurs.

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Is Six Sigma, Lean and SCOR Still Relevant in A Dynamically Changing World? (A 2009 Procurement Insights White Paper Revisited)

Procurement Insights

Editor’s Note: Since May 2007, I have written approximately five weekly posts on this blog – that’s a lot of writing. Given the findings, the myopic adherence to user adoption rate is at the heart of the growing disenchantment with Six Sigma, Lean and other similar-type programs.

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New GEP Paper: Agentic AI Versus Real Agents?

Procurement Insights

1999 Revisited (Video) – Real Agents Leveraging AI GEP Autonomous Agentic AI Agents (High-Level Summary) GEP is set to revolutionize procurement and supply chain operations by introducing autonomous AI agents into the Source-to-Contract (S2C) and Procure-to-Pay (P2P) processes.

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Moving Beyond the Bolt and Escaping the ProcureTech ERP Era?

Procurement Insights

“What is most interesting about Zycus tremendous growth rate is that it is indicative of the evolution (some would even suggest fruition) of a trend first presented in a Procurement Insights post from August 31, 2007.Titled Scope : Broad and systemic, designed to improve entire procurement processes (e.g.,