Procurement Insights

FEBRUARY 24, 2025

My First Procurement Insights Post on Strand Commonality (Excerpt) – Optimization Modeling and the Modern Supply Chain (A PI Q and A) by JonHansen (March 2008) Numerous studies and reports have been published on the various methods (e.g., Monte Carlo) used to determine supply chain optimization.

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ivalua

APRIL 2, 2019

Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. Additionally, the company was looking for a trusted partner to capture cost savings and reduce supply chain risks. “As We look forward to contributing to their Procurement cost optimization initiative”.

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Jaggaer

APRIL 9, 2025

If you have an efficient ERP system, information can flow freely between your source-to-pay applications and the companys central IT infrastructure. In addition to manufacturing or production, ERP then expanded to include finance, accounting, order management, supply chain management, payroll, and HR. We are ERP-agnostic.

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Procurement Insights

MARCH 1, 2024

In my fall 2004 analyses of a study on the use of web-based applications, I made the following observation: It is my position that a true centralization of procurement objectives requires a decentralized architecture that is based on the real-world operating attributes of all transactional stakeholders, starting at the local or regional level.

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Procurement Insights

APRIL 9, 2025

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). manufacturing).

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Procurement Insights

MAY 27, 2024

Here is the paragraph: “Back in 2002, Greg Brady , a supply chain visionary, and Ranjit Notani , a pioneer in multi-enterprise collaboration technology, came to the conclusion that the traditional paradigm of business-to-business collaboration built around enterprise-centric software was fundamentally flawed. ” 30

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Procurement Insights

JANUARY 3, 2024

.” Mathew then goes on to emphasize “But it’s not just about AI, SaaS, Automation, New Technology, and Efficiency and effectiveness.” However, my 2007 series, Dangerous Supply Chain Myths, has stood the test of time. ” So, what is it about? Here are my thoughts.

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Procurement Insights

AUGUST 16, 2024

2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines.

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Procurement Insights

NOVEMBER 19, 2023

Editor’s Note: The following response/post was inspired by another interesting LinkedIn share by Joël Collin-Demers under the heading: “Standing up a new centralized Procurement department is a tough gig.”

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Procurement Insights

DECEMBER 13, 2024

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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Supply Chain Efficiency Agile and Lean Supply Chain Supply chain Supplier relationship management 59

Procurement Insights

AUGUST 26, 2024

I love public sector procurement. It would be reasonable to suggest that it is a market I have engaged extensively – especially in the first decade of the Procurement Insights blog. From a government procurement standpoint, September should be an exciting and insightful month. In the U.S.,

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Procurement Insights

DECEMBER 6, 2023

When I started writing this blog in May 2007, one of the reasons was to provide unknown companies such as Coupa, Zycus, and others with a venue through which they could connect with a wider and more direct audience. Ensuring they are best placed to reduce costs, manage risk and increase their efficiency, helping to maximise margins.”

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Procurement Insights

SEPTEMBER 27, 2023

According to a June 2023 TechTarget article , there are twelve, including better decisions, efficiency and productivity gains, improved speed of business, and so forth. “ As I wrote in a soon-to-be-published article, the date of the above report is 2022, not 1999, 2005, 2007 or 2013. I am sure you can think up many more.

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Procurement Insights

OCTOBER 26, 2023

I am talking about a fully interactive, intuitive chatbot through which 90 percent of everyday procurement work can be effectively and efficiently managed. ” – Maverick Spend, Change Management, and Vendor Rationalization, Procurement Insights (2013) What is maverick spend? Back To Square One?

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Supply Chain Game Changer

FEBRUARY 12, 2019

Imagining the Supply Chain of the Future! At Supply Chain Game Changer we believe in sharing experiences and expertise from people in every industry and from across the globe. As such we have introduced our “Seasoned Leadership in Action™” Interview series at Supply Chain Game Changer.

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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? The Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T.

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Real-time Visibility Procurement supply chain software solutions Buyers 52

Procurement Insights

NOVEMBER 23, 2023

Information technology plays a significant role in supporting relationships between the customer and the supplier using electronic data interchange to share data between both sides, this technology provides fast, accurate information and business efficiency to the firm ( Mulligan and Gordon , 2002).

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Procurement Insights

OCTOBER 11, 2024

2007 – [link] “Process understanding starts and ends with the premise of centralized visibility and departmental empowerment. “It In other words, your organization gains control of it’s spend environment by relinquishing centralized functional control in favor of operational efficiencies on the front lines.

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Procurify

AUGUST 11, 2022

While dealing with the ongoing inflation, companies must navigate supply chain disruptions, geopolitical issues in certain markets, labour shortages and the foggy business environment caused by the pandemic. Therefore companies must act quickly and efficiently. Manage your inventory efficiently. Scale automation.

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The Procuretech Podcast

SEPTEMBER 22, 2022

Procurement Media through the Years - Jon Hansen from Procurement Insights. This episode, we've got a guest who's been talking about procurement for decades. With a long-standing blog and a podcast that goes all the way back to 2009, it's Jon Hansen of Procurement Insights – the original procurement podcaster.

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Supply Chain Trend

DECEMBER 13, 2016

To get some answers for S&OP practitioners, Niels van Hove founder of Supply Chain Trend, interviewed a group of S&OP leaders. Supply Chain Trend will publish a weekly Q&A with these S&OP leaders. Being early in my supply chain career, I thought this should not be too bad to do.

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Procurement Insights

DECEMBER 26, 2023

For anyone following this blog since its first post in May 2007, this will sound like a “broken record” – the key to successful digital transformation is to use an agent-based versus equation-based model. The Debate Continues – (Procurement Insights – Oct. of the time.”

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Procurement Insights

MAY 29, 2024

Orchestration Elousie predicts the following: Dr E predicts process orchestration tools are going to build lightweight functionality for individual applications to serve as a single intersection into all the systems that procurement has. Key Takeaway: When it comes to procurement technology, there really is nothing new under the sun.

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Procurement Insights

NOVEMBER 26, 2024

Below is Part 6 of the 7-Part Dangerous Supply Chain Myths series , where I provide an extensive breakdown of the ISM, CAPS, and AT Kearney report originally released in May 2007. Are you in the software business or the procurement business? This is the cornerstone of agent-based modeling.

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Procurement Insights

APRIL 8, 2025

1999 – I introduced the Metaprise model (RAM) 2007 – In Dangerous Supply Chain Myths (Part7) , I write about the Metaprise in greater detail, including the results of its implementation in a production environment (Department of National Defence). Hansen ( 4 ).

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Procurement Insights

MARCH 12, 2025

“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.,

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Procurement Insights

JANUARY 8, 2025

EDITOR’S NOTE: In 2007, I wrote what is still one of the most popular posts on this blog: “ The Ariba Interviews: Re-engineering the Future ofOn-Demand. If you want to read everything I have written about Ariba over the past 18 years, you can access the Procurement Insights archive through the following link: [link].

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