Procurement Insights

APRIL 2, 2025

Unique Benefits: AI-Driven Cost Savings: Merlin AI analyzes spend patterns and negotiates contracts, targeting 10-15% savings ($1B-$2.25B on $10B-$15B spend) to counter oil price volatility. ProPurchaser Overview: A negotiation and cost-reduction tool focused on strategic sourcing, leveraging market intelligence and training.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement solutions Supply Chain Efficiency Procurement 52

Procurement Insights

MAY 25, 2024

In other words, like secret recipes and other competitive advantages, actual data-driven savings through more strategic buying decisions are a closely kept secret. How do you do a cost justification analysis or negotiate a user fee that both you and the provider can feel good about? ” Savings of 5 -15% is quite a range.

Sustainability 40

Sustainability Supply chain resilience Supply Chain Efficiency Data 40

Supply Chain Game Changer

JUNE 10, 2020

This is an odd stream of consciousness, yes, but I started pondering the likenesses and discourses between professional & private buying habits & processes. Deciding to eat at Luigi’s Italian Market, and negotiating billion-dollar contracts aren’t really in the same league of purchasing decisions. Think I’m full of bologna?

Suppliers 56

Suppliers Supplier relationship management Procurement team Supply Chain Efficiency 56