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What are the top 10 procurement predictions for 2030?

Procurement Insights

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. There are between 2 and 4 links covering the period 2007 to 2024.

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Supply Risk Solutions: Vendor Analysis — Supplier Risk Management solution overview, roadmap, competitors, user considerations, analyst summary

Spend Matters

In this Spend Matters Vendor Analysis, we provide an overview of Supply Risk Solutions and its solution for supplier (chain) risk management. Supplier risk management is crucial for a variety of reasons. It tracks geopolitical risk, natural disaster risk and financial risk.

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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.

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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.

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New GEP Paper: Agentic AI Versus Real Agents?

Procurement Insights

Strategic Focus: With AI agents handling low-value, repetitive tasks, procurement teams can redirect their efforts toward strategic initiatives, such as supplier relationship management and category strategy development.

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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. Why waste time and money on a CLM to integrate multiple contracts across the database (contract analytics) when CLM providers have failed miserably at this?