At the 2018 Big Ideas Summit in London, around fifteen procurement decision-makers were asked about the automation of their profession. Their thoughts, recorded on video, paint a picture of an exciting future with the au...
The industrial vending machine market is set to double in ten years' time, from 720 million dollars in 2016 to 1430 million dollars in 2025 . These vending machines, commonly used in the snacking industry, are now be...
Lean purchasing, inspired by lean management, is not a new concept. It is likely that you would have heard about it for years, but are you aware of the key points? Let's go back to the basics and use the infographic ...
Robotic process automation (RPA) is one of the main technologies (alongside automated language processing, predictive analytics, blockchain etc.) that will play a major role in the digital transformation of procurement ....
Michael Page and Procurious unveil the fourth and final part of their study into the digital transformation of procurement. Having discussed the prospects of digital procurement, the preparation required and the new skil...
According to our latest study on the digitalisation of company purchases, 25% of companies have switched to using e-procurement solutions. Wax Digital recently conducted a survey of 200 purchasing professionals in order ...
In an analysis of almost 300 key account customers, we identified a recurring trend: companies are mainly opting for high-end or premium products for their class C purchases, which are by definition, non-strategic and no...
Invoicing is still a manual process for most companies, to the disappointment of financial departments. Switching to digital invoicing has the potential of many benefits, such as increased productivity, financial savings...
When it comes to indirect purchases, especially rogue buying, it is important to look at the total cost of ownership related to the purchase. Even though these are often considered trivial purchases, users have a tendenc...
In the first part of their study, Michael Page and Procurious reveal the prospects, opportunities and threats facing the procurement profession between now and 2030. In the second part, they highlight the need for purcha...
