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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 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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Why is an agent-based model within a metaprise framework better for procurement than an equation-based Intake and orchestration model?

Procurement Insights

MODEL #1 An agent-based model (ABM) within a Metaprise framework offers several advantages over an equation-based intake and orchestration model in procurement: 1. Procurement Insights Equation-Based Models: Expanding these models often requires redefining equations and parameters, making scalability more challenging. Pitt Site 3.

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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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2 Years Later How Does Amex’s Acquisition of Nipendo Impact Ramp (Who’s Ramp)?

Procurement Insights

It automates procure-to-pay processes, reducing manual friction (PYMNTS, 2023). BillTrust) for P2P, lagging Ramps integrated procurement-to-AP suite (Venue, 2023). However, Ramps front-end procurement (intake forms) remains ahead; Nipendo focuses on back-end AP, not request capture. PO syncing, bill pay).

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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.