EDITOR’S NOTE: The following are the details for an upcoming Webinar on “Reinventing Procurement” that I will be attending.
As the world enters a new era of economic volatility, technological disruption, and geopolitical instability, procurement is once again at the epicenter of change. The role of the CPO has never been more vital — or more complex. With rising expectations, shrinking budgets, and growing exposure to price risk and supply disruption, today’s procurement leaders are tasked with delivering strategic impact at speed and scale.
Don’t miss a dynamic conversation on the current state of procurement, key performance benchmarks from the just-released CPO Rising 2025 report, and the forward-looking strategies that Best-in-Class teams are using to unlock agility, resilience, and value.
Webinar Details
What: State of Procurement 2025: Reinventing Procurement for the Autonomous Age
When: Tuesday, May 20th from 11:00 AM to 12:00 PM ET
Where: Register Here
Speakers: Ardent Partners’ Founder and Chief Research Officer Andrew Bartolini, and Fairmarkit’s VP of Operations Erin McFarlane
Understanding Versus Reinvention
In our book, Procurement At A Crossroads, Kelly Barner wrote that years ago, procurement involved sending someone so you wouldn’t have to see them again.
My thinking is that procurement doesn’t need to reinvent itself. Instead, everyone else needs to reinvent their understanding and view of procurement and why it is the linchpin of enterprise success.
So, how do you measure that evolution of procurement understanding if you are not in procurement?
Let’s start by revisiting one of Procurement Insights’ most popular article series: Dangerous Supply Chain Myths.
Here is the May 2007 overview of the series:
In what was (and is) one of the most popular series in the Procurement Insights Blog’s history, the Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. Kearney Report that was originally released in May 2007.
Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. What is important, and within the context of present day realities, what do you think. Do the key areas highlighted in the study still carry weight in the here and now? If not, what has superseded them in terms of overall importance?
Whatever your thoughts, I am certain that you will find this series interesting.
30
Procurement Insights
Do We Really Need To Reinvent Procurement Versus Finally Understanding Procurement?
Posted on May 18, 2025
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EDITOR’S NOTE: The following are the details for an upcoming Webinar on “Reinventing Procurement” that I will be attending.
As the world enters a new era of economic volatility, technological disruption, and geopolitical instability, procurement is once again at the epicenter of change. The role of the CPO has never been more vital — or more complex. With rising expectations, shrinking budgets, and growing exposure to price risk and supply disruption, today’s procurement leaders are tasked with delivering strategic impact at speed and scale.
Don’t miss a dynamic conversation on the current state of procurement, key performance benchmarks from the just-released CPO Rising 2025 report, and the forward-looking strategies that Best-in-Class teams are using to unlock agility, resilience, and value.
Webinar Details
What: State of Procurement 2025: Reinventing Procurement for the Autonomous Age
When: Tuesday, May 20th from 11:00 AM to 12:00 PM ET
Where: Register Here
Speakers: Ardent Partners’ Founder and Chief Research Officer Andrew Bartolini, and Fairmarkit’s VP of Operations Erin McFarlane
Understanding Versus Reinvention
In our book, Procurement At A Crossroads, Kelly Barner wrote that years ago, procurement involved sending someone so you wouldn’t have to see them again.
My thinking is that procurement doesn’t need to reinvent itself. Instead, everyone else needs to reinvent their understanding and view of procurement and why it is the linchpin of enterprise success.
So, how do you measure that evolution of procurement understanding if you are not in procurement?
Let’s start by revisiting one of Procurement Insights’ most popular article series: Dangerous Supply Chain Myths.
Here is the May 2007 overview of the series:
In what was (and is) one of the most popular series in the Procurement Insights Blog’s history, the Dangerous Supply Chain Myths series was based on my review of the ISM, CAPS and A.T. Kearney Report that was originally released in May 2007.
Considered to be a breakthrough assessment of the purchasing industry at the time, I felt that there were several gaps in the study. What is important, and within the context of present day realities, what do you think. Do the key areas highlighted in the study still carry weight in the here and now? If not, what has superseded them in terms of overall importance?
Whatever your thoughts, I am certain that you will find this series interesting.
30
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