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While the U.S. economy is firing on all cylinders, thanks in large measure to more effective supply chain management strategies, large swaths of Australia burn. Responders are doing everything they can to get a handle on the wildfires, which have scorched over 12 million acres thus far, according to the [...]

Categories: We can't comment on every press release that hits our desks, but here are a few market news stories this week that we thought we […](...) [...]

Categories: M&A, Market Intelligence, Procurement Financials, TechnologyTags: NexusThis week, Omnia Partners announced it was acquiring InsightGPO, the group purchasing organization arm of Insight Sourcing Group. According to the announcement, the transaction closed on Dec. 31, 2019. Prior to the definitive agreement, “InsightGPO was one of five divisions of Insight Sourcing [...]

In ten years' time, the procurement profession and the role of the Chief Procurement Officer (CPO) has changed in many unique and profound ways. Yet, just like 2010, CPOs and other procurement leaders are entering the new decade grappling with intense challenges (some old, some new) and driving forward to [...]

Categories: Public Spend Forum (PSF) is a public sector procurement global community and market intelligence platform dedicated to improving public procurement and the public sector market. On […](...) [...]

The following blog comes to us from Julien Nadaud, Chief Product Officer at Determine and SVP, Innovation at Corcentric. Contract management – or contract lifecycle management (CLM) – is a software solution that provides full-time, automated contract monitoring and helps optimize each stage of the contract lifecycle. Pretty straightforward. The bigger question [...]

Get ready for 2020 by registering for the first webinar in Ardent's Monthly Webinar Series. This highly interactive first installment in our monthly webinar series will highlight market trends and predictive scenarios that will arm you for battle and success in the year ahead. Will 2020 be the year of [...]

Because that's what you need. In this day in age, any platform should be capable of implementing a digital process that accomplishes a basic sourcing, procurement, catalog buying, or contract negotiation process … this technology has existed for almost two decades. So if an organization is going to spend money [...]

Leave it the moronic marketers to come up with the most brain-dead buzzwords to launch us into the new decade. Over the past year, these have been on the rise despite the fact that you should NOT even be looking at any vendor building an entire marketing campaign around this [...]

In preparing to moderate the February 6th panel discussion, Mapping success: Taking digital transformation from concept to realization, I spent time talking with one of the panellists – David Latten. David is the Head of Global Indirect Procurement at Logitech. I remember when Logitech started back in October 1981. The reason I [...]

Procurement – and the entire business world – still struggles to monitor suppliers' sustainability performance. Moving from a compliance-based approach towards meaningful targets is essential [...]

When it comes to doing business in the cloud, it is best to keep your feet on the ground – at least figuratively speaking. In this excerpt from an article in the Procurement Foundry blog, Michael Cadieux talks about how organizations can transform their supply chain if they remember a [...]

UK hotel chain Whitbread shared its plans with suppliers to align strategies and help them understand the company's future ambitions [...]

So our stakeholders have spoken again. What are they saying? We want for procurement to be there in a powerful, meaningful, strategic way but I don´t want to see it. Let me explain. With powerful data analytics combined with artificial intelligence we can produce great sourcing, negotiation and contracting strategies. We [...]

Categories: We are pleased to publish this post from Andrew King, Co-Founder and CTO of business intelligence firm Qynn. While procurement's main objective has and always […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

Categories: Peter Smith comments on the keynote from the SAP Ariba and SAP Fieldglass ValueX event last week. The event was held at the headquarters of […] (Read more...) [[ This is a content summary only. Visit my website for full links, other content, and more! ]] [...]

I´ve being writing for a while about the future of procurement. Some 10 years ago you might hear about strategic sourcing and separating the negotiation and the purchasing or operational due diligence. Then we moved to an even more strategic procurement that sits along the business and add value instead [...]

Some common themes from ISM and Procurement Leaders. Last week I had the pleasure of sitting in on some great presentations at the Procurement Leaders World Procurement Congress 18 in London, as well as attending the Institute for Supply Management ISM2018 in Nashville, TN the week before. They provided the [...]

Instead of “recycle, reuse, retread” let's talk about a reboot. Memorization is a frontage road: It runs parallel to the best parts of learning, never intersecting. It's a detour around all the action, a way of knowing without learning, of answering without understanding.” — Ben Orlin, “When Memorization Gets in [...]

Data and intelligence holds the key to procurement moving from the past to the real time and beyond There is no doubting the fact that technology is evolving at an ever faster rate, meaning that the possibilities to analyse and understand business performance is also increasing and is opening up all [...]