Procurement Insights

FEBRUARY 17, 2024

FIRST, SOME BACKGROUND INFORMATION In August 2007, I wrote an article titled “Procurement’s Expanding Role and the Executive of the Future.” As a result, there will be a continuing need for “low-level” buyers. 2007 – Commonwealth of Virginia ’s eVA – Yes, Virginia!

supply chain software solutions 72

supply chain software solutions Supply Supply chain Contract management 72

Procurement Insights

SEPTEMBER 15, 2023

The concept was simple, although advanced for the time, whereby a buyer would plug in the required MRO part number and the corresponding zip code with delivery requirement into the system. In August 2003, the new technology successfully went live in a production environment for the DND.

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

Procurement Insights

OCTOBER 26, 2023

based customers who have contracted vendors, 33 percent of all purchases were from non-contract suppliers. In Canada, the number of off-contract purchasing reached a staggering 79 percent.” Maverick spend was not the result of obstinate buyers refusing to use the “new system.”

Change management 69

Change management Management Contract Buyers 69

Procurement Insights

APRIL 9, 2025

Supplier Focus: Ramps supplier management is buyer-centric (e.g., ProcureTech Entry: Ramps pivot into procure-to-pay (P2P) came later with the 2023 Venue acquisition, adding intake forms, purchase orders (POs), and vendor management. PO syncing, bill pay). This makes Amex a more direct P2P competitor. manufacturing). Jaggaer, Ivalua).

Agile and Lean Supply Chain 59

Agile and Lean Supply Chain Spend management e2e Leadership 59

Supply Chain Collaborator

MARCH 17, 2015

The short version is that 2014 came darn close (with 86 trucking and logistics companies acquired) to beating the record of 90 acquisitions set in 2007. Front page news from Transport Topics “Trucking, Logistics Acquisitions Expected to Continue in 2015”.

Logistics 68

Logistics Buyers Supply Chain Efficiency Influencing 68

Procurement Insights

AUGUST 30, 2023

As you read this post originally published in May 2007 about “enabling technology and the emergence of the metaprise,” can the three-stage implementation framework be as successful today as it was back then? Kearney Report that was originally released in May 2007.

Real-time Visibility 52

Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Insights

SEPTEMBER 17, 2022

To start, most procurement professionals – or buyers as we were called back then, indicated they fell into the position rather than choosing it – someone had to do it was a common refrain. As frustrating as that was, the biggest cause of angst was how senior management viewed our role and contribution.

Purchasing 40

Purchasing Buyers Procurement Management 40

Procurement Insights

AUGUST 26, 2024

For example—and I find it interesting that I reference them more today than I did back then—the Commonwealth of Virginia’s eVA initiative began with an early 2007 post titled “Yes, Virginia, there is more to eProcurement than software.” In the U.S.,

Procurement 52

Procurement Eprocurement Supply Chain Efficiency supply chain software solutions 52

Supply Chain Game Changer

FEBRUARY 12, 2019

I launched my second business, a strategic sourcing and procurement consulting firm in 2007. I knew that if we were successful, we could accelerate and simplify connections and partnerships between enterprise buyers and suppliers at a global level. We connect buyers and suppliers for faster, better and more trusted business.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Procurement Insights

OCTOBER 20, 2023

Back in 2007, when Microsoft made yet another failed attempt to acquire SAP, I had talked about the ubiquity of the former’s Office suite of applications as perhaps being a point of familiarity that would – at least in part – pave the way to user acceptance of the latter’s platform. Hmmmmm, let me think about that one for a minute.

Buyers 78

Buyers Real-time Visibility Eprocurement Procurement 78

Procurement Insights

JANUARY 13, 2025

To do this effectively, the buyer must simultaneously engage critical stakeholders such as suppliers, courier companies and customs brokers, e.g., the Metaprise. This cycle compression was a critical component in that we wanted to eliminate the compliance issues that had plagued so many initiatives (as it still does today).

Buyers 69

Buyers Contract Negotiation Quality 69