Remove 2007 Remove Procurement Remove Risk management
article thumbnail

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.

article thumbnail

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

Spend Matters

Like it or not, Procurement and Supply teams are in the midst of a digital revolution that looks set only to advance. For example, many reports show that the adoption of e-sourcing by best-in-class companies has stagnated at 60% – 70% since 2007. Procurement has many moving parts.

professionals

Sign Up for our Newsletter

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

article thumbnail

The Difference Between Supplier Relationship Perception And Perspective – ADOPTION!

Procurement Insights

Survey results indicate that many core supplier management functions, including risk management, relationship management, performance management, innovation management, and CSR/Sustainability management, are still supported by generic applications such as Excel, SharePoint, and Teams or by no system at all.

article thumbnail

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.

article thumbnail

The Spider Kills CLM Solution Providers, Risk Management May Be Next (Dr. Elouise Speaks)

Procurement Insights

Warning: Dr E is doing a deep dive into risk management solutions this quarter to see if they will be eliminated from the next iteration of her map. Here is an extended excerpt from my article When it comes to blockchain, AI, and algorithms for procurement, “there is nothing new under the sun!”