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What are the top 10 procurement predictions for 2030?

Procurement Insights

**Advanced Crowdsourcing** : Procurement functions will increasingly leverage crowdsourcing to tap into a global pool of innovative ideas and solutions. By 2030, it’s expected that a substantial portion of procurement activities will involve crowdsourced inputs, enhancing innovation and competitiveness.

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Procurement industry conferences, trade wars and Black Swan events – 2025 to 2030

Procurement Insights

Economic recovery post-2008 spurred interest, though data is anecdotal. 2007 | 3 2008 | 3.2 2007 | 3 2008 | 3.2 IRAs $370B climate push, CSIS 2024) draw attendees seeking innovation, per SIGs AI advocacy. Attendance likely grew modestly (e.g., hundreds to low thousands) as globalization increased supply chain complexity.

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What does a 2015 article have to do with Hershey’s 2025 acquisition of LesserEvil for $750

Procurement Insights

It also reminded me of a 2008 article I had written on the Procurement Insights blog titled Procurement considerations when dealing with a merger? Multiple Snack Acquisitions (20152023): Pre-2008, Hersheys focus on expanding SKUs confused consumers and retailers, a challenge that resurfaced with these acquisitions.

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Which “Should Cost” ProcureTech Solution provider is the best in these three key areas?

Procurement Insights

7 ProPurchaser 2008 Started in 2008, newer but focused on negotiation tools. Emerging Players : Keelvar, Lytica, and Archlet offer innovative should-cost tools but lack the tenure and size of leaders. Rank Provider Founded Reasoning 1 SAP Ariba 1996 Ariba was founded in 1996 (acquired by SAP in 2012), making it the oldest.

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2011 To 2025: The Evolution Of How The C-Suite And Boardroom Views Procurement

Procurement Insights

Shift Toward Value Creation : CFOs increasingly view procurement as a driver of enterprise-wide value , contributing to innovation, supplier collaboration, and strategic goals. Procurement is no longer judged solely on cost savings but also on metrics like risk mitigation, supplier diversity, and innovation impact.

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Financial services sector talent woes continue

Procurement Heads

We saw in the period following the financial crash of 2008 that failure to invest in skills development, attraction and retention when markets are struggling can have a longer-term detrimental impact on recovery. “It’s

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Blockchain for Supply Chain: A Comprehensive Guide for Businesses

SCMDOJO

With the advent of the digital age, businesses are constantly seeking innovative solutions to improve their operations. Initially introduced by Nakamoto in 2008 in his publication on Bitcoin, blockchain technology refers to a decentralized peer-to-peer network that runs behind Bitcoin transactions. Thank you for subscribing to SCMDOJO!