Procurement Strategy

The Invisible Handshake: AI to AI procurement negotiations

Monday, November 3, 2025 · Bridget McCrea
Supply chain managers and procurement professionals are watching a new kind of negotiation take shape, one that doesn’t involve people sitting across a table or trading emails. Instead, artificial intelligence (AI) systems are quietly working out the details of low-level…

Future-ready procurement: From cost control to value creation

Wednesday, October 29, 2025 · Brian Straight
Procurement’s next evolution is shifting from cost control to value creation as AI, early engagement, and cross-functional collaboration redefine how organizations align sourcing with customer impact.

Taming the tariff trap: Four strategies to reduce supply chain cost

Friday, September 26, 2025 · Om Prakash
Tariff volatility is reshaping global supply chains. A four-lever framework—spanning engineering, compliance, sourcing, and commercial strategy—can reduce tariff impacts by up to 80% while strengthening resilience.

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…

Truckload procurement: From state-of-the-practice to state-of-the-art

Wednesday, May 28, 2025 · Massachusetts Institute of Technology
Research has identified the key behaviors and metrics that separate state-of-the-practice from state-of-the-art shippers in full truckload procurement.

Want better procurement outcomes? Start with better relationships

Friday, April 4, 2025 · Brian Straight
Strong relationships can have many beneficial outcomes for procurement organizations, but many still cling to a transactional relationship measured at the bottom line.

Supply chain negotiation: Improve the process to improve the results

Thursday, March 27, 2025 · Craig Moss
Supply chain procurement functions are particularly negotiation-intensive, often at the center of critical discussions and strategy. Building a framework to guide this process ensures consistency in negotiations.

Strategic procurement: CFO strategies for cost savings

Tuesday, March 4, 2025 · Fabian Bodoky
CFOs who embrace procurement as a key driver of financial performance will be better positioned to navigate economic uncertainties, improve operational resilience, and enhance their organization’s competitive advantage, says Efficio’s Fabian Bodoky.

What is the future of procurement?

Friday, February 21, 2025 · Brian Straight
What is the future of procurement? That is the question that McKinsey & Company sought to answer in a new benchmarking report focused on procurement.

Disruptions continue to worry procurement teams

Friday, January 3, 2025 · Brian Straight
A new year brings the same concerns for procurement teams. Managing through disruption continues to be a top challenge requiring new partnerships and improved resiliency.

Agentic reasoning, multimodality among the AI advancements expected to shape procurement’s future

Friday, December 27, 2024 · Brian Straight
Gartner has identified Agentic reasoning, multimodality and AI agents as three AI advancements that will shape the future procurement, and the steps organizations should take to benefit from these advancements.

Supply disruptions top list of concerns for procurement leaders

Tuesday, December 17, 2024 · Brian Straight
Procurement professionals are still concerned about disruptions, with 42% citing things like disasters and transportation issues among their top worries in a recent Gartner survey.

The disconnect between procurement budgets and efficiency

Thursday, August 22, 2024 · Brian Straight
A recent survey from JAGGAER found that 53% of procurement and supply chain professionals said that workload issues and inefficiencies are the top risks facing their organizations, and if they had the right technology and more time, they could grow the business and drive…

Gartner identifies top constraints, solutions to long-term success

Wednesday, August 21, 2024 · Brian Straight
As supply chain professionals deal with the challenges associated with increased workloads, increased scrutiny, and mandates to control spending, research from Gartner has identified the most common constraints and offered ways to solve them.

Keynotes from Procter & Gamble, Johnson & Johnson & Whirlpool execs highlight NextGen conference agenda

Wednesday, August 7, 2024 · Brian Straight
Keynotes from Procter & Gamble, Johnson & Johnson and Whirlpool highlight a packed speaker lineup for October’s NextGen conference.
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