October 2, 2023
EDITOR’S NOTE: Thanks to James Meads, whose post on LinkedIn inspired my comments below. You have probably seen this from me before, but it is worth a revisit here. In 1998, I developed one of the industry’s first algorithm-driven web-based RA solutions with the generous support of the government’s Scientific Research & Experimental Development Program […]
October 1, 2023
Side Note: Do you remember the name of the above series? 30
September 30, 2023
This year, I will be closing in on the 2,000th blog post on Procurement Insights dating back to May 2007. It is a pretty deep archive of the history of our industry – like counting the rings of an old tree. But we all know that quantity does not necessarily mean quality – or enduring […]
September 30, 2023
August 2003 Case Reference By August 2003, a full production program was introduced and successfully tested. (In the test case, a major public sector organization realized a 23% cost of goods savings annually over a period of several years while simultaneously reducing the number of buyers required to manage the contract to 3 from an […]
September 29, 2023
I wrote the following comment in response to Sai Nidamarty‘s LinkedIn post yesterday. As you will read in the corresponding Forbes article he shared, we are finally reaching the point that recognizes why concepts like change management, vendor rationalization, and maverick spend are largely self-inflicted challenges. In December 2013, I wrote an article resonating with […]
September 28, 2023
Have you ever wondered why, with the great advances we have made in digital technology – including AI, so many E-procurement initiatives still struggle to get the needed traction to achieve success? No matter how great the technology, how well-versed the end-user procurement professional may be, or how perfectly an implementation goes, “siloed” implementation will […]
September 28, 2023
When it comes to managing a global supply base or network, what governance model do you use?
September 27, 2023
Here we are in 2023, and most companies are still struggling with end-user adoption. Why?
September 26, 2023
Stop chasing service provider technology and start engaging service provider real-world industry-specific expertise.
Algorithms, AI Learning, Reverse Auctions and Diversity – Revisiting a 2005 keynote
October 2, 2023
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About 20 years ago, I delivered a keynote to 300 executives from the Power Transmission Distributors Association (PTDA). Note that they represented the supplier side interests. The keynote was on the emergence of Reverse Auctions. Below is the actual video of the Q&A session at the end – about 30 minutes, but I think you […]