article thumbnail

User Adoption and the Rise of the AI Chatbots: The End of Maverick Spend, Vendor Rationalization and Change Management

Procurement Insights

As you read the title of today’s post, you may wonder what maverick spend, vendor rationalization and change management have to do with user adoption and AI Chatbots. The simple answer is the end of maverick spend , vendor rationalization , and change management.

article thumbnail

Digital success – What makes procurement’s challenge so different?

Spend Matters

For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Analysts and research firms have all reached the same conclusion. Our analyst writes that a few simple and pragmatic approaches can make the difference between success and failure.

professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

What did the MAI Basic Four ISAs and these “Unicorns” have in common? Problem Solving!

Procurement Insights

The critical point here is that the technology was an extension of their industry experience and expertise, minimizing the need for change management because the user interface was aligned with the way the world operated and then made it better. I remember when I first talked to Dave Stephens and Noah Esiner in 2007.

article thumbnail

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

Let's Talk Supply Chain

while addressing ancilliary processes (tax, legal, change management, etc.) Later in my career (2006-2007) my boss became my mentor. to expanding how AI is impacting us both professionally and personally as consumers. How have mentors supported your career growth in the supply chain? I have had a few mentors in my career.

article thumbnail

Is Amazon The New Oracle or How The Emergence of The B2C World Marks The Official End of The ERP Era (Originally Published Sept. 2014)

Procurement Insights

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.

Buyers 78
article thumbnail

Selecting the right service provider partner for each one of the three steps or stages of procurement digital transformation success

Procurement Insights

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.

article thumbnail

Success with E-Auctions – Jacob Gorm Larsen from Moneyball CPH

The Procuretech Podcast

He came into his role at Maersk in 2007/8, so there was a huge degree of uncertainty, being right on the brink of the financial crisis. Adoption and change management. Another huge barrier to adoption here is change management, mindset, and the lack of buy-in from the procurement community. These are: Definition.