Resources
Read the latest insights on procurement, sourcing strategies, and supply chain innovation.
Why Most Procurement AI Transformations Fail Before They Start
Across boardrooms worldwide, procurement leaders are investing heavily in AI. Yet most are discovering the same difficult reality. AI is pillar four. Most organizations are still on pillar one.
Read More →How Market Volatility Is Rewriting Procurement Strategy in Today's World Order
Tariffs, energy shocks, and structural supply chain change have moved market volatility from a quarterly risk to a daily operating condition. For procurement leaders, this is not a temporary disruption — it is a permanent reset that demands a new playbook.
Read More →The Key to Successful Procurement Spend Categorization: Structuring Spend with UNSPSC, CPV, and eClass Discover the key to successful procurement spend categorization: reliable data, robust classification, and recognized standards such as UNSPSC, CPV, and eClass to manage spend more effectively. In many organizations, procurement spend categorization remains incomplete, inconsistent, and difficult to use. Data is scattered across ERP systems, Excel files, invoices, catalogs, and local reference tables, making it difficult to gain a clear view of spend. To become a true management tool, procurement spend categorization must be built on reliable data, consistent classification, and recognized standards such as UNSPSC, CPV, and eClass. This combination is what turns raw data into actionable decisions.
The Key to Successful Procurement Spend Categorization: Structuring Spend with UNSPSC, CPV, and eClass Discover the key to successful procurement spend categorization: reliable data, robust classification, and recognized standards such as UNSPSC, CPV, and eClass to manage spend more effectively. In many organizations, procurement spend categorization remains incomplete, inconsistent, and difficult to use. Data is scattered across ERP systems, Excel files, invoices, catalogs, and local reference tables, making it difficult to gain a clear view of spend. To become a true management tool, procurement spend categorization must be built on reliable data, consistent classification, and recognized standards such as UNSPSC, CPV, and eClass. This combination is what turns raw data into actionable decisions.
Read More →10 Controls to Gain Full Visibility into Procurement Spend in 30 Days
10 Controls to Gain Full Visibility into Procurement Spend in 30 Days A typical mid-sized company manages between €20 million and €100 million in annual procurement spend. Yet in most cases, procurement leaders still cannot answer a simple question with confidence: where is every euro really going? Spend data is scattered across ERP systems, Excel files, pending invoices, and informal commitments made by email. The result is predictable: off-contract purchases go unnoticed, duplicate suppliers remain active, savings opportunities are missed, and leadership asks for answers procurement cannot easily provide. This article outlines a practical framework built around 10 essential controls that can help procurement teams achieve full spend visibility in less than 30 days — and turn that visibility into a real strategic advantage.
Read More →The Spreadsheet Trap
The Spreadsheet Trap I have asked hundreds of mid-market procurement teams the same question: "Where does your spend data live?" The answer is almost always the same: Excel.
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