Latest News / Procurement

New procurement tech vendors and debate takeaways: eWorld dispatch 2

As we said in our previous post after attending eWorld Procurement and Supply last week, it’s a great forum for meeting new procurement technology vendors. As our focus at Spend Matters is on helping procurement practitioners make the right decisions about the technology they invest in to improve their processes, efficiency and value proposition, staying on top of the […]

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Key criteria for selecting procurement tech you wont regret buying: eWorld dispatch 1

At Spend Matters, we focus quite deeply on helping procurement practitioners make the right decisions about the technology they invest in to improve their processes, efficiency and value proposition. As any procurement person knows, it’s all about Value for Money, where value relates not just to price but to fit, size, ROI, ease of use (and hence […]

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What will you do tomorrow when technology does what you do today?

Technological innovation is exploding and impacting every aspect of every organization, and procurement is not immune to the challenges and opportunities it presents. The difficult question those working in the procurement industry need to ask is: what will I do tomorrow when technology can do what I am doing today? This is not a case […]

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Discover digitalization best practice at eWorld Procurement and Supply

The need to stay agile and adapt in a tech-led future is a challenge facing all organizations operating in every sector. Whether you are Deliveroo, Thames Water, G4S or IHS Towers (look out for more details on their upcoming panel debate in our next article), organizations need to use the right technology and have access […]

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The Top 4 Freight Procurement Technologies to Look For in 2023

Changes are on the horizon – especially for freight procurement teams. 2023 might be when shippers finally shift from a reactive to a proactive approach to start managing the industry challenges. To do so, leveraging new future-proofed technologies becomes a matter of make or break. Here are 4 key technologies expected to shape freight procurement in 2023 […]

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It’s Time to Rethink Supply Chain Risk Management

The past few years have highlighted serious deficiencies in prevalent supply chain strategies and the major risk that disruptions pose to corporate success. Loss of sales and market share are the most visible and measurable impacts. McKinsey estimates that shocks lasting a month or longer are occurring every 3.7 years and companies can expect to lose 42% […]

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Procurement Award Win For SHIPSTA Signals Acceleration of Freight Procurement Digitisation

Digital freight procurement platform, SHIPSTA, wins Procurement Technology Provider Award at the World Procurement Awards 2022 as market accelerates its move to procurement digital transformation. SHIPSTA wins prestigious award as market accelerates towards digitisation Judges recognise SHIPSTA is “highly relevant with the current supply chain challenges” Digital adoption linked to logistics cost reduction and increase in efficiency SHIPSTA, […]

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How to Manage Supplier Risk and Performance in an Uncertain Global Economy

Essentially every company that manufactures goods today depends on other companies to supply the raw or value-added materials that go into their finished products. Most companies recognize that good supplier relationships are more than simply arm’s length transactions between opposing parties. A better way of looking at those relationships is as partnerships—albeit ones that require management and […]

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A third of UK businesses extend payment terms over impact of rising energy costs, Brexit and COVID-19

59% of UK businesses say suppliers have ended relationships with them due to repeated late payments, while 67% fear late payments could trigger a global cashflow crisis Research from eWorld sponsor Ivalua, a leading global spend management cloud provider, has revealed that more than a third of UK businesses (36%) have extended payment terms for suppliers […]

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Allianz Holdings diversifies suppliers

Allianz Holdings is striving to place more business with diverse suppliers through a pilot with Kaleida International, an inclusive business-to-business (B2B) marketplace for tenders. Suppliers listed on Kaleida are businesses which are at least 51% owned and operated by women, veterans, people from ethnic minorities, from LGBTQ+ communities, or people who are neurodivergent or have […]

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