Bring sustainable value to the bottom line Increasingly, procurement is being looked to for the added value it can bring to the organisational table. Furthermore, expectations are on the rise, with big data and advanced analytics driving decision making to new levels by enabling teams to generate new insights and achieve unprecedented proactive capabilities. Demonstrating […]
Show your worth: demonstrating procurement ROI Read More »
Blockchain is almost everywhere and is getting a lot of hype. It is largely because blockchain is the underlying technology behind Bitcoin, a digital currency (a.k.a. a cryptocurrency) that received a lot of coverage in the media. In the wake of the cryptocurrency craze, blockchain has continued to attract more and more attention. Blockchain can
Blockchain an important tool for procurement to establish trust Read More »
Given the inevitability of emerging technologies transforming businesses, how can you prepare your company for AI’s impact on procurement? Sami Peltonen, Vice President of Purchase-to-Pay Product Management for Basware North America, takes a look at how procurement departments can mitigate employees’ fears. Join us at Smart Procurement World’s Gauteng Indaba on 18 & 19 September
Helping procurement professionals embrace AI Read More »
A conversation with Walter Charles, Chief Procurement Officer, Biogen. Walter Charles’ global procurement teams support billions of dollars in annual purchases. Having spent decades at Kraft Foods, Kellogg’s, Johnson & Johnson, and now Biogen, Charles provides keen insight into the state of procurement today as well as how big data analytics is disrupting the landscape
Using big-data analytics to drive forward business value in procurement – Part 1 Read More »
They say a picture tells a thousand words. How about a procurement meme? Okay, millennials. Strap yourselves in, because Hugo Britt, Content Manager at Procurious, is going to attempt to meme. Is meme even a verb? Perhaps not, but that isn’t going to stop him. For older readers who don’t really know (or care) what
Procurement in 7 memes Read More »
Thinking of investing in some of the latest procurement technology? If you have not consulted market trends, got a third opinion and done all of your research, you might want to pull on the reins, advises Dan Quinn, Senior Vice President of cloud-based spend management provider Jaggaer (Middle East and North America). Buying procurement technology
6 things to consider before you purchase any procurement technology Read More »
Just as digital supply chains bring rewards, they also bring dangers. Supply chain managers are always on the lookout for corruption, but in the digital age the clues are harder to spot, warns Dr Abdul Majid Mahomed, Head of Professional Body CIPS, SA. Digitalisation is the buzzword of the moment and the future of supply
Rewards of digital supply chains obscure dangers Read More »
By Bertrand Maltaverne, a Solutions Consultant who helps organisations digitally transform their procurement practices. To be honest, I haven’t totally figured out all of the details of the inner workings of the blockchain technology. And I do not think I will ever try to as some of it is very technical. I also do not
Blockchain: what are the opportunities for Procurement? Read More »
The ambition of creating a developmental state to transform the Apartheid economy has been hamstrung by an inability to implement transformation policies; it is a situation exacerbated by a lack of skills, competencies and capacity; and the patronage of corrupt procurement practices. Prof. Marcus Ambe, from the University of South Africa’s School of Public and
5 pillars – a procurement blueprint for accelerating inclusive growth Read More »
In what Gartner has called the Postmodern ERP era, eProcurement technology and technology in general has become more accessible from both an availability and ease-of-use standpoint than it has been historically. However, does increased technological accessibility ensures success if cultural misalignment exists within an organisation? Jon Hansen, Editor and lead writer for the Procurement Insights
