Procurement Insights

FEBRUARY 25, 2024

Product Recalls Surge 11% in 2023 to Hit Seven-Year High,” I had not written a post about product recalls since August 2007. Barbie and Hot Wheels Revisited Before moving forward to 2024, let’s revisit the case study I cited in my 2007 article. Perhaps this explains why no one is writing about it.

Supply chain 87

Supply chain Import Supply Influencing 87

ivalua

APRIL 1, 2020

Healthcare supply chain GPO, Intalere, deploys an end-to-end Source to Contract solution across its purchasing functions. The company chose Consus and Ivalua for their deep capabilities in the Source to Contract space to support their critical purchasing processes. has gone live with Ivalua’s Source to Contract solution. About Consus.

Contract 130

Contract Sourcing Supply Chain Efficiency Supply chain 130

Spend Matters

FEBRUARY 25, 2025

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.

Real-time Visibility 113

Real-time Visibility e2e Procurement Negotiation 113

Procurement Insights

JANUARY 3, 2024

Pop Quiz: When was the following article excerpt about orchestration written: “During the alignment phase, stakeholder input (especially from your purchasing department and supply base) will also enable you to lay a solid foundation to evaluate current and proposed technologies. Here are my thoughts.

Supply Chain Efficiency 72

Supply Chain Efficiency Purchasing Procurement Supply chain 72

ivalua

APRIL 2, 2019

Offshore ultra-deep water drilling company to deploy eSourcing globally across its purchasing function. Pacific Drilling requires a fast, efficient and automated sourcing process to support the company’s Purchasing processes. The company has corporate offices in Houston, Texas, with offices in Brazil, Luxembourg and Nigeria.

Sourcing 100

Sourcing Supply Chain Efficiency Chief Procurement Officer Supply Chain Optimization 100

Procurement Insights

APRIL 13, 2024

I then wrote: “During the alignment phase, stakeholder input (especially from your purchasing department and supply base) will also enable you to lay a solid foundation to evaluate current and proposed technologies. In the meantime, these are my thoughts; please share yours.

Supply chain 69

Supply chain Supply Purchasing Supply chain management 69

Procurement Insights

OCTOBER 27, 2023

2007 article on the CPO Agenda Roundtable Meeting, I reported the following – [link] “As a result, there is going to be a continuing need for what was referred to as “low-level” buyers. Of course, the “value creation” concept predates AI.

Contract 75

Contract Procurement Buyers Purchasing 75

Procurement Insights

DECEMBER 15, 2023

As one of the first procurement industry bloggers, if you told me on May 18th, 2007, that in December 2023, I would still be penning my thoughts on the Procurement Insights blog, I probably would not have believed you. Here Here is the link to my very first post: Welcome to Procurement Insights. A PI Q&A) 30

Supply chain 81

Supply chain Procurement Purchasing Risk 81

Procurement Insights

DECEMBER 27, 2023

My Response R.Gökhan Hüner , you provide great insights that immediately reminded me of the following excerpt from an article I wrote in 2007 – [link] “Unfortunately, most purchasing departments “inherit” their software as an adjunct downstream byproduct of either an original finance or IT-centric initiative.

Procurement 84

Procurement supply chain software solutions Purchasing Sourcing 84

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.” However, the same individual concluded, “One strategic business thinker with the right skills and capabilities is worth 10 or 12 of your normal, run-of-the-mill purchasing people.”

supply chain software solutions 72

supply chain software solutions Supply Contract management Supply chain 72

Procurement Insights

JUNE 11, 2024

less), there is a higher probability those same consumers will purchase non-food items, while at Walmart purchasing groceries. 21% of Unilever’s supplier contracts (on $9.5bn in purchasing spend) use a Mintec price series to index costs” The net is that we can directly impact grocery sales, which equates to $4.9 20% of $24.53

Price 86

Price Sourcing Purchasing Suppliers 86

Procurement Tactics

JUNE 26, 2023

Since its founding in 2007, the company saw 20%-25% growth in its yearly sales. ” – Stephens Jc “I recently purchased a quadcopter from Parkflyers. I have purchased from them for many years and will not stop any time soon! ’ – Christen Ferrer Study Procurement Study Negotiations 4. R@R Wholesale Inc.

Price 195

Price Suppliers Negotiation Real-time Visibility 195

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.” ” In 2007, reports emerged that Microsoft was looking to purchase SAP partly to address the above and other adoption obstacles.

Change management 69

Change management Management Contract Buyers 69

Procurement Heads

JULY 5, 2023

At the front of the UCAS book at the time, was a degree apprenticeship with the Ford Motor Company in purchasing and logistics, aptly titled PLUGS – Purchasing and Logistics Undergraduates. Back in 1995, I was just considering what I should do at university, with the thought of going to uni not really clear in my head.

Chief Procurement Officer 130

Chief Procurement Officer Sustainability Supply chain Procurement 130

Procurement Insights

NOVEMBER 19, 2023

.” Mission Control The following excerpt from a June 2007 post talks about decentralization and centralization in procurement – [link] The theory behind the balanced approach is that self-sufficient (usually larger) departments, while independent, will be collaborative partners with the central purchasing group.

Procurement 52

Procurement supply chain software solutions Supply Chain Efficiency Collaboration 52

Supply Chain Opz

MAY 28, 2013

1) Purchasing Portfolio Matrix. In 1983, Peter Kraljic wrote the article " Purchasing Must Become Supply Management " for Harvard Business Review. In this article, he proposed the way to create a purchasing strategy based on different types of commodity. Purchasing Portfolio Matrix. 2) Demand Profiling Matrix.

Supply chain 70

Supply chain Supply Supply chain management Supply chain management 70

ivalua

DECEMBER 18, 2019

The first, authored by Duncan Jones and published on December 10, is The Forrester Wave™: eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). This month Forrester published 2 major Wave reports, which together span the full Source-to-Pay process.

Eprocurement 147

Eprocurement Sourcing Contract Suppliers 147

Procurement Insights

JULY 31, 2023

December 5th, 2007 – Microsoft Acquires SAP? (A Day in and day out, we dig into the specific purchasing needs of businesses and organizations and come up with innovative ways to deliver great prices, extensive selection, and consistent, reliable convenience.”

Procurement 52

Procurement Price Innovation Purchasing 52

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 4, 2024

Why is tail spend misunderstood?

Management 52

Management Purchasing Supply chain Supply 52

Procurement Insights

SEPTEMBER 15, 2023

Once the SSL site with the required part was identified, IPOS would automatically create and electronically dispatch the order with the applicable purchase order number and other essential data in PDF format. Results Speak Okay, the technology sounds cool – so what! What was the end result?

Buyers 75

Buyers supply chain software solutions Bidding Quality 75

SCMDOJO

SEPTEMBER 4, 2023

They can save corporate capital on expenses and give customers much speedier services due to their connections and incentives (Li, 2007). If consumer purchases are insufficient, this is a time consuming and expensive process. Disadvantages of 3PLs Yet, 3PLs have several drawbacks as well. link] Retrieved from [link] Kennedy, A.

Logistics 98

Logistics Supply Chain Efficiency Supply Chain Optimization Negotiation 98

ivalua

MAY 6, 2020

The first, authored by Duncan Jones and published on December 10, is The Forrester Wave : eProcurement Platforms, Q4 2019 , which covers purchasing and invoicing (similar scope to Gartner’s P2P Suites Magic Quadrant ). Last year Forrester published 2 major Wave reports, which together span the full Source-to-Pay process.

Sourcing 130

Sourcing Eprocurement Contract Suppliers 130

Procurement Insights

SEPTEMBER 17, 2022

In one of my very first blog posts in 2007, I covered a Geraint John ‘s CPO Agenda roundtable discussion in which senior global execs said that “one strategic business thinker with the right skills and capabilities is worth 10 or 12 of your normal, run-of-the-mill purchasing people.”

Purchasing 40

Purchasing Buyers Procurement Management 40

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

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.”

Procurement 52

Procurement Eprocurement Supply Chain Efficiency supply chain software solutions 52

Positive Purchasing

MARCH 30, 2022

Jonathan O’Brien, CEO of Positive Purchasing , explores the concept of repertoire in negotiation and use of the decoy tactic. Cohen (2007) describes negotiation as a ‘family of possibilities’ and this includes hundreds of negotiation tools, tactics and techniques. A negotiation is a performance of sorts.

Negotiation 52

Negotiation Ethics Import Purchasing 52

Procurement Insights

MAY 14, 2024

Identified spend, which represented those purchases for which eVA was likely to generate savings, accounted for approximately $3.5 In 2007, 80% to 90% of the total identified spend was processed through the eVA initiative. billion of the Commonwealth’s total $5 billion expenditure that year.)

Suppliers 58

Suppliers Import Leadership Collaboration 58

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. So what does this all mean? Is Amazon the new SAP or Oracle?

Buyers 78

Buyers Real-time Visibility Eprocurement Procurement 78

EazyStock

MARCH 14, 2023

The right purchasing and logistics strategies give companies an edge during these unique, uncertain times and, during the return “to normal,” a greater competitive advantage and continued growth. With the right strategies in purchasing, logistics and supply chain, you can navigate through a recession and come out as a winner.

Strategy 52

Strategy Supply Chain Optimization Inventory 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. procurement #purchasing #supplychainmanagement. I always knew this was going to be part of my life. I started my first business at 18, doing corporate events and production. The focus for our customers was efficiency, speed and scale.

Leadership 50

Leadership Supply Chain Efficiency supply chain software solutions Supply chain 50

Procurify

AUGUST 11, 2022

When looking at the financial crisis of 2007-2008, McKinsey points out that “foresight, response and adaptation” helped companies outperform. Today’s CFOs have the heavy task of building resilience throughout the company’s financial and operational systems. How Procurify Helps.

supply chain budgeting 52

supply chain budgeting Supply Chain Efficiency supply chain software solutions Supply Chain Optimization 52

Pipefy

DECEMBER 8, 2023

Examples of cases include looking into contracts, reports, or past communication in order to resolve issues like delivery terms or purchase order validation. In 2007, Netflix launched its streaming services, eliminating wait times for physical media in the mail by making many films instantly available.

Management 52

Management Quality Collaboration Risk 52

Supply Chain Trend

DECEMBER 13, 2016

I have purchased the E-Book myself and truly enjoyed it. . This is hard to get your mind rapped around, but a unit which could process 100 pieces of data in 2007 , becomes around 5,000 pieces of data in 2017 , and then up to approximately 250,000 in 2027 ! Niels : What else significant is missing in the current state of S&OP?

supply chain software solutions 90

supply chain software solutions Supply Chain Efficiency Supply Chain Optimization Supply chain 90

Supply Chain Opz

OCTOBER 5, 2016

Understand online consumer behavior via Think With Google Google has provided lots of data for you to understand what, when, why and how customers make online purchase via the interactive data. Resource: ArcGIS Open Data 5. Resource: Think with Google 6. Resource: Commodity Flow Survey 7.

supply chain software solutions 49

supply chain software solutions Agile and Lean Supply Chain Supply chain Supply chain management 49

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. Unfortunately, most purchasing departments “inherit” their software as an adjunct downstream byproduct of either an original finance or IT-centric initiative.

Procurement 80

Procurement supply chain software solutions Supply Chain Efficiency Supply chain 80

Procurement Insights

OCTOBER 30, 2024

In an excerpt from Linda Brigg’s article, Rick Grimm (who is CEO of the National Institute of Governmental Purchasing), made the following statement; “as is true of any technology, the push for an e-procurement solution typically comes from one or more tech-savvy leaders within a school district.”

Leadership 75

Leadership supply chain budgeting Purchasing Budget 75