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How RFx Software Makes Procurement Easier

ProcurePort

Can RFx software really streamline the procurement process? Procurement technologies including RFx software have become such an integral part of enterprise operations that the market value of procurement software is projected to reach $9.6 billion by 2026. The short answer? Yes, it can.

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Why Tracking And Influencing Scope 3 Emissions Could Be Much Easier For Procurment in 2026

Procurement Insights

There is more to e-procurement than software! Interest in responding to RFPs began to dwindle as suppliers, especially smaller ones, redirected their time and resources toward more promising opportunities. One of the few exceptions was Virginia’s eVA initiative, which you can access through the following link: Yes, Virginia!

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

Procurement Insights

EDITOR’S NOTE: This post is inspired by the following comment in a related discussion stream on LinkedIn: Conference Attendance: Past 20 Years Qualitative Trends Over 20 Years 20052010: Steady Early Growth Conferences like ISM World (founded earlier) and SIGs Procurement Technology Summit began formalizing procurement as a strategic function.

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Swedish Steel Manufacturer Selects Ivalua to Further Optimize Procurement Efficiency and Mitigate Supply Chain Risk

ivalua

Ivalua, a global leader in spend management, today announced that it has been selected by Swedish steel manufacturer SSAB to further improve the efficiency of its procurement processes and uphold and strengthen supply chain risk management thanks to Ivalua’s Source-to-Contract (S2C) solution. Follow us at @Ivalua. Global Media Contact.

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Ivalua NOW Americas 2024: Procurement [Re]Imagined

Spend Matters

Both conferences were titled ‘Procurement [Re]Imagined’ and highlighted the impact of AI (especially generative AI) on daily procurement tasks. The process has allowed Baylor Scott & White Health to reallocate procurement resources to more pressing areas such as analytics, sourcing and contract management, and program management.

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Quantifying The Gap Between ProcureTech Hope (Hype) And Abandonment (Initiative Failure)?

Procurement Insights

Here are the blended results: ROI Summary Across All Industries Year Savings ($M) Cost ($M) Annual ROI (%) Cumulative ROI (%) 1 (2025) $75 $3 2,400% 2,400% 2 (2026) $75 $0.75 ROI Benchmarks: McKinsey (2023) cites 5-10x ROI in 5 years for procurement tech, scaling to 7-8x over 10 yearsmatching ~7,849%. 9,900% 3,900% 3 (2027) $74 $0.75

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Logistics Statistics 2022 — 18 Key Figures

Procurement Tactics

33 Procurement Interview Questions in 2022. The Asia-Pacific remains the largest contract logistics market by region with China overtaking the United States market value by 2026. The post Logistics Statistics 2022 — 18 Key Figures appeared first on Procurement Tactics. First Name. Download Free Whitepaper ?. ?. year on year.

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