Procurement

Driving procurement forward: A digital spin on the Kraljic Matrix

Friday, May 15, 2026 · Senali Amarasuriya, Ph.D. By integrating AI, blockchain, and IoT into the classic Kraljic Matrix, procurement leaders can transform a decades-old framework into a dynamic decision tool that strengthens risk management, supplier transparency, and strategic sourcing in increasingly volatile global supply…

AI’s energy appetite is emerging as a supply chain risk

Monday, December 29, 2025 · Brian Straight As AI-driven electricity demand outpaces aging grid infrastructure, energy availability and cost are emerging as critical, and largely underappreciated, risks to supply chain resilience.

Beyond the ESG debate: How responsible procurement builds stronger supply chains

Thursday, October 16, 2025 · Jennifer Jewson, president of Together for Sustainability Even as ESG faces political headwinds, U.S. chemical companies are proving that responsible procurement isn’t just about compliance—it’s a catalyst for resilience, innovation, and long-term value creation.

Optimizing procurement analytics with Generative AI and automated data visualization

Wednesday, October 15, 2025 · Dr. Thomas Koch, Shen Yeong Loo and Mariana Dias Pennone A new MIT SCM capstone project demonstrates how a Generative AI-powered chatbot can transform procurement analytics by replacing static dashboards with conversational, data-driven insights that accelerate decision-making and reduce manual reporting tasks.

Why material procurement is construction’s hidden productivity killer

Friday, September 19, 2025 · Eric Helitzer, founder and CEO, SubBase Material procurement silently drives construction project delays, cost overruns, and waste. By treating procurement as a production system, contractors can unlock measurable productivity gains.

CFOs vs. CPOs: Why they clash and how to bridge the gap

Wednesday, September 17, 2025 · Scott Macfee, CEO, SpendHQ Procurement leaders are tasked with driving resilience, sustainability, and innovation—but CFOs often see only tactical cost control. Bridging this perception gap starts with shared language, aligned KPIs, and financial storytelling that ties procurement directly to…

Three strategies for successful digital transformation in procurement

Wednesday, August 6, 2025 · Gregg Schneider and Amber Roth Accenture’s procurement team successfully transformed its operations through three key strategies—comprehensive buy-in, user experience upgrades, and enhanced data visibility—demonstrating how digital tools can deliver strategic business value.

Putting dynamic pricing into practice: A sourcing leader’s guide to execution and supplier alignment

Monday, July 28, 2025 · Aniket Kulkarni Dynamic pricing is more than a tactical tool, it is a strategic enabler of resilience, agility, and competitive advantage. By segmenting suppliers, aligning internal functions, investing in data infrastructure, and rethinking contracts, sourcing leaders can unlock the true…

Making sourcing more strategic: Negotiating uncertainty during times of turbulence

Friday, June 27, 2025 · Jonathan Hughes, Ashley Hetrick, and Phil Liu Insights from 600-plus companies across 15 years of research have identified ways procurement and supply chain leaders can drive greater value through strategic sourcing and collaborative negotiations.

It’s high time to go beyond visibility

Monday, December 2, 2024 · Shardul S. Phadnis and Paul J.H. Schoemaker Add vigilance to supply chain management with visibility. Real-time visibility of inventory, capacity, supply, and demand conditions is central to agile supply chain operations in dynamic environments.

The year of GenAI

Monday, November 25, 2024 · Brian Straight As much discussion and deployment of artificial intelligence took place in 2024, 2025 is shaping up to be an even bigger year. This year will likely see the acceleration of AI, and specifically Generative AI, into everyday business functions.

6 Questions With … Autumn Bayles

Tuesday, September 24, 2024 · Brian Straight In hospitality procurement, challenges like dynamic pricing, supply chain volatility, and high-quality requirements are common. That requires robust processes and proactive supplier management. Aramark SVP Autumn Bayles talks about that and more in this SCMR 6 Questions With…

Gen AI on Gartner’s Hype Cycle fast track to mainstream adoption

Friday, September 6, 2024 · Brian Straight Gartner’s latest procurement Hype Cycle sees Gen AI reaching mainstream adoption within two years.

Procurement making C-suite progress, but work remains

Tuesday, August 20, 2024 · Brian Straight One-third of C-suite executives lack confidence in procurement’s ability to control costs and spend management, but a new survey finds that is changing.

Boeing turned to Fairmarkit, AI to help land its tail spend

Wednesday, July 24, 2024 · Brian Straight Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.