Spend Matters

MARCH 27, 2025

Implementing a procurement digital transformation, whether digitalizing tools or processes, often turns out to be a much more complex task than anticipated. There are reasons for this. To help inform organizations on the cusp of transforming, we wanted to learn more from the people who are actually carrying out the day-to-day implementation and have first-hand experience of what can go wrong the systems integrators.

Change management 112

Change management Data Import Project management 112

SCMDOJO

MARCH 24, 2025

Introduction Gardner, (1954) and Huntzinger, (2007) define Purchase price variance (PPV) as a metric used to measure the effectiveness of cost-saving efforts by calculating the difference between the planned cost (standard pricing) allocated for purchasing activities and the actual cost incurred. Purchase Price Variance (PPV) can be tracked monthly, quarterly, biannually, or annually for a specific item or the overall spending over a given period.

Price 69

Price Purchasing supply chain budgeting Raw materials 69

Procurement Insights

MARCH 21, 2025

EDITOR’S NOTE: Here is the link to my recent LinkedIn post. In today’s Procurement Insights post, I share a comment by Max Henry and my corresponding reply. This is the “real story” we all seem to overlook – procurement practitioners must take the lead on their organization’s digital transformation strategy. Until they do so, the generational failure rate of ProcureTech initiatives will continue.

Procurement 81

Procurement Strategy Import Supply chain 81

All Things Supply Chain

MARCH 26, 2025

Imagine ordering a smartphone online, expecting swift delivery, only to receive a notification that the estimated arrival time has been pushed back by several months.

Risk 162

Risk Supply chain Supply Risk management 162

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Data

Let's Talk Supply Chain

MARCH 24, 2025

In a bold move to solidify its presence in the US market, tech titan Nvidia has announced plans to inject hundreds of billions into its supply‍ chain infrastructure.The‍ decision, unveiled by the company’s chief executive, marks a strategic ‍shift that could have far-reaching implications for the industry. As the landscape of global commerce continues to evolve, Nvidia’s enterprising investment signals a commitment to innovation and growth in the ever-evolving te

Supply Chain Efficiency 52

Supply Chain Efficiency Supply Chain Optimization Supply chain Supply 52

Spend Matters

MARCH 25, 2025

For procurement professionals, AWS Marketplace might not be the first thing that comes to mind when thinking about Amazon. Many are more familiar with Amazon Business, a platform for sourcing indirect physical goods. However, when it comes to procuring third-party software, data and professional services, AWS Marketplace is the dedicated platform designed to support businesses in building and running their digital infrastructure.

Procurement solutions 94

Procurement solutions Procurement Purchase orders Data 94

Procurement Insights

MARCH 25, 2025

Yesterday’s post, “Is It Really The End Of The RFP Process As We Know It? “ inspired a few very insightful comments that lead perfectly into today’s follow-up post. Here are two of the comments that have already come in: “Interesting. My view (coming from the private sector)- not everything needs a full-blown RFP. There should be internal guidelines in place outlining when to RFP vs not (based on spend, criticality, risk, outcomes expected, etc).” – Laur

Real-time Visibility 58

Real-time Visibility e2e Suppliers Contract 58

All Things Supply Chain

MARCH 24, 2025

The steel industry, a cornerstone of modern infrastructure, has long been synonymous with high carbon emissions.

Supply chain 147

Supply chain Sustainability Supply 147

Jaggaer

MARCH 24, 2025

Top 3 Procurement Technologies to Embrace in 2025 Staying ahead of key procurement technology and advancements is essential for CPOs who want to improve spend cost reduction, drive strategic value, and navigate the increasingly complex procurement landscape. With numerous options available across the source-to-pay spectrum, weve compiled the top three key technologies CPOs should embrace in 2025: 1.

Procurement 52

Procurement Supply Chain Optimization Real-time Visibility supply chain budgeting 52

Spend Matters

MARCH 24, 2025

When we released Spring 2025 SolutionMap rankings last week, we introduced the intake and orchestration module. The SolutionMap process is extremely thorough, as it involves a robust RFI process as well as several hours of live product demonstrations, customer references and more. For intake and orchestration vendors, roughly 100 unique elements were covered via an RFI and ensuing product demonstrations.

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Management 90

Speaker: Ethan Woolley, Director at Kharon

This webinar will explore how companies can proactively address compliance risks–rather than reactively responding to–UFLPA enforcement actions. Ethan Woolley will provide insights into the latest CBP enforcement trends, entity list updates, and industries under increased scrutiny, with a look at potential shifts under the Trump administration. Ethan will also explore how predictive data and strategic due diligence can help organizations stay ahead of regulatory challenges and strengthen complia

Retail Supply Chain

Supply Chain Dive

MARCH 21, 2025

After shrinking its coverage a few years ago, the carrier expanded it again to reach two-thirds of the U.S. population.

Demand 134

Demand 134

Procurement Insights

MARCH 22, 2025

Approximately 30% of ProcureTech solution providers are likely to take on clients they know have minimal chance for success, driven by revenue goals, market competition, and client pressure. This varies by provider maturityestablished firms (e.g., Coupa, Ivalua) may hover closer to 20%, while newer entrants could exceed 40%. Without specific data, this estimate relies on industry trends and parallels, offering a plausible range of 20-40%.

Risk 52

Risk Procurement Quality Influencing 52

Pipefy

MARCH 25, 2025

Policy renewal is one of the most critical processes for insurers, directly impacting the retention rate the customer retention rate. Users who experience a fast, secure, and seamless process are more likely to renew their contracts , reducing churn rates and increasing loyalty. In this context, policy automation through BPM (Business Process Management) and BPA (Business Process Automation) becomes essential to enhance the customer experience and optimize operations.

Risk management 52

Risk management Contract Management Risk 52

Jaggaer

MARCH 20, 2025

Uncertainty around federal and state policy changes poses a significant challenge for procurement leaders across all types of higher education institutions. Community colleges, public universities, and private institutions alike must navigate the potential for budget cuts, shifts in federal aid programs, and changing regulatory requirements. One major concern is the possibility of reductions in public service funding, which could lead to cuts in state appropriations for higher education, putting

supply chain budgeting 52

supply chain budgeting Procurement Budget Supply Chain Efficiency 52

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Procurement leaders are at a pivotal moment. With CPOs playing an increasingly strategic role, it’s time to leverage innovation and technology to drive resilience and efficiency. Download The 2025 Annual ProcureCon CPO Report to uncover key insights to thrive in a dynamic procurement landscape. What’s Inside: How CPOs are driving strategic decision-making and technology adoption The top priorities and challenges for procurement in 2025 Why AI, sustainability, and data analytics are essential for

Procurement

Spend Matters

MARCH 25, 2025

Why stakeholder management matters in procurement digital transformation Stakeholder management is the foundation of any successful procurement digital transformation initiative. While technology plays a crucial role in modernizing procurement functions, stakeholder engagement ultimately determines whether digital initiatives succeed or fail. To understand why, lets look at the following parallel: Procurement professionals often discuss spend under management (SUM) as a key metric of success.

Stakeholder engagement 69

Stakeholder engagement Management Procurement Influencing 69

Let's Talk Supply Chain

MARCH 24, 2025

In the intricate dance of the global electronics supply chain, a disruptive force has emerged, sending ripples of chaos through its intricate web of interconnected components. In the wake of tariff mandates, the once-stable equilibrium‍ is now in a state of flux, as industry players scramble to adapt to the‍ shifting landscape. Join us as we delve into the unfolding drama of this new era, where supply chains‍ are tested to their limits and‍ demand forecasting becomes

supply chain budgeting 52

supply chain budgeting Supply Chain Optimization Supply Chain Efficiency Demand 52

Procurement Insights

MARCH 27, 2025

For this case study (or, if you prefer, test case), I assumed the role of a practitioner and ProcureTech solution provider, leveraging the power of Generative AI to do three things: Research and identify a potential ProcureTech solution provider partner Create a Mock Request For Proposal (RFP) Create the RFP response from the identified ProcureTech solution provider PRACTITIONER REQUEST – How could ProcureTech solution provider AdaptOne help Byrne, Inc.

Real-time Visibility 52

Real-time Visibility e2e Suppliers Supply Chain Efficiency 52

Pipefy

MARCH 25, 2025

Financial fraud is one of the biggest challenges for institutions offering credit and loans. Fraudsters use everything from fake documents to stolen identities to bypass verification systems and obtain credit fraudulently. This is why AI for risk management is one of the most powerful tools banks and fintechs can rely on to detect and prevent fraud in an automated way.

Risk management 52

Risk management Risk Management Data 52

Speaker: Benjamin Woll, Tiffany Spizzo, and Jaime Santos Alcón

Enterprise commerce is evolving fast, and brands relying on rigid, one-size-fits-all solutions risk losing agility. But modernization doesn’t have to mean disruption. In this webinar, we’ll explore how an extensible, modular approach empowers brands to integrate new capabilities, enhance performance, and scale efficiently—all while leveraging Shopify’s strengths.

Risk

Planergy

MARCH 24, 2025

What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.

Budget 52

Budget Spend management Price Data 52

Spend Matters

MARCH 26, 2025

Part 2 of this two-part Spend Matters Vendor Analysis focuses on the strengths and opportunities of Precoro s P2P solution. It also looks at the voice of the customer and the elements to consider when looking at Precoro as a potential solution provider. Part 1 provides a history and overview of Precoros P2P solution and a look at its roadmap. This content is for members only.

Market analysis 75

Market analysis Purchasing Procurement 75

Let's Talk Supply Chain

MARCH 24, 2025

In teh intricate web of global supply chains, resilience is the key to withstanding ‍the unpredictable challenges of today’s dynamic business landscape. As industries evolve and transform,the reliance on traditional databases is being challenged ‍by the innovative capabilities of graph databases. In this article,we delve into how graph‍ databases are revolutionizing the resilience of supply chains,offering a glimpse into the future of seamless,efficient,and adaptive op

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Supply Chain Optimization Supply Chain Efficiency Supply chain 52

Procurement Insights

MARCH 27, 2025

Without revealing actual details, have you been part of or witnessed a failed ProcureTech initiative? Please take a moment to respond to my poll, as I will use the results in an upcoming paper that I will share with the Purchasing & Global Supply Chain Professionals (PGSCP) group on LinkedIn. ABOUT PGSCP With 163,933 members, PGSCP is one of the oldest and first LinkedIn groups created for procurement professionals and the industry.

Procurement 59

Procurement Quality Leadership Purchasing 59

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supply chain budgeting

Supply Chain Dive

MARCH 21, 2025

The initiative involves couriers bringing "brown box" shipments from stores to customers in locations lacking a sortation center.

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Planergy

MARCH 24, 2025

What's PLANERGY? Modern Spend Management and Accounts Payable software. Helping organizations spend smarter and more efficientlyby automating purchasing and invoice processing. Learn more We saved more than $1 million on our spend in the first year and just recently identified an opportunity to save about $10,000 every month on recurring expenses with PLANERGY.

Sustainability 52

Sustainability Real-time Visibility Spend management Innovation 52

Spend Matters

MARCH 26, 2025

Companies with multiple locations and decentralized procurement processes are increasingly seeking automation, visibility and control over their spending and, consequently, are moving toward more holistic procurement solutions. By integrating procurement, accounts payable automation and financial workflows, organizations can streamline operations, improve spend management and enhance compliance.

Spend management 65

Spend management Buyers Procurement solutions Procurement 65

Let's Talk Supply Chain

MARCH 24, 2025

Step into the fast-paced world of logistics with the supply chain boot camp offered by Spectrum News 1. This immersive program gives students a front-row seat to the intricate web of operations that drive the global supply chain. From warehousing to transportation, participants will gain a hands-on understanding of the key processes that keep goods flowing smoothly. join us on this exciting journey into the heart of the logistics industry and discover the endless possibilities that await you in

Supply Chain Optimization 52

Supply Chain Optimization Supply Chain Efficiency Supply chain Supply chain management 52

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Data

Procurement Insights

MARCH 25, 2025

Percentage of Suppliers Responding to RFP Requests No definitive, broad-spectrum statistic exists for the percentage of suppliers who respond to RFPs across all industries. Response rates vary widely depending on industry, RFP complexity, supplier capacity, and perceived opportunity value. Heres an analysis: General Estimates: Industry reports and expert commentary suggest response rates typically range from 20% to 50%.

Real-time Visibility 52

Real-time Visibility Supplier capacity Bidding Suppliers 52

Supply Chain Dive

MARCH 27, 2025

The port may see a 10% drop in volume in the back half of 2025, according to Executive Director Gene Seroka.

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Jaggaer

MARCH 24, 2025

Jon Lawrence joins the team to lead development of solutions that solve emerging market challenges RESEARCH TRIANGLE, NC, March 24, 2025 JAGGAER, a global leader in Source-to-Pay and Supplier Collaboration, today announces the appointment of Jon Lawrence as Chief Product Officer. With his vision and transformative approach, Lawrence will oversee the entire product portfolio, ensuring that the product offerings continue to solve todays critical market challenges while addressing the future of pr

Leadership 52

Leadership Collaboration Innovation Procurement team 52

Spend Matters

MARCH 24, 2025

In this Spend Matters Vendor Analysis we provide an overview of BeNeering and its solution for e-procurement. Procurement organizations often encounter challenges such as limited user adoption, increased workload for purchasing teams, fragmented procurement processes and the complexity of integrating multiple ERP systems. These obstacles can lead to inefficiencies, lack of visibility and misaligned procurement strategies.

Procurement solutions 60

Procurement solutions Real-time Visibility Procurement Market analysis 60

Speaker: Chris Townsend, VP of Product Marketing, Wellspring

Over the past decade, companies have embraced innovation with enthusiasm—Chief Innovation Officers have been hired, and in-house incubators, accelerators, and co-creation labs have been launched. CEOs have spoken with passion about “making everyone an innovator” and the need “to disrupt our own business.” But after years of experimentation, senior leaders are asking: Is this still just an experiment, or are we in it for the long haul?

Innovation