If the start of the year has seemed busy – you’re in luck this week! We pick up a 366th day of the year on Thursday. Make the most of your leap year extra day, and then get ready to spring forward int...

Many of the conversations we’re having these days relate to procurement orchestration, combining tech and process to improve procurement’s experience and effectiveness. Art of Procurement is running a...

This is a slow week for procurement and supply chain events, so if you have a little time on your hands and want to contribute to an ongoing effort to study procurement orchestration, take this 5-minu...

There is just one week left to go before the stage lights go on for AOP Mastermind LIVE 2023. We have lined up FOUR HOURS’ work of enlightening speakers, each of whom has a timely topic they are eager...

Have you registered for Mastermind LIVE 2023 yet? Take a look at the full agenda and save the time on your calendar: November 7th from 10am – 2pm ET. If you are planning your event schedule ahead of t...

This guest post is part of The Procurement Revolution. To share your thoughts or join the conversation, use #ProcureRev on Twitter or use the comment functionality below.   I'm Ovidiu Slimac and ...

Running a procurement or supply chain organization poses unique leadership challenges. These organizations are constantly “fighting fires,” handling unique crises, and influencing a broad network of people - internally and externally.

Many years ago, our telecom operator outsourced customer bill printing. That was an example of the basic outsourcing, as the business process still stayed fragmented between the external provider, our...

Procurement is a significant business function, having operational and commercial impacts on multiple departments. Although procurement process excellence and strategic sourcing initiatives can drive ...

It has become increasingly common to hear about technological disruptions. Every day there is a new tool, software, methodology or someone trying to do something different. And this is excellent! Tech...

Mike Buchanan, author of Profitable Buying Strategies (as well as Two Men in a Car, Guitar Gods in Bed, and The Marriage Delusion), agreed to participate in a Q&A session with Buyers Meeting Point...

The preface to The Procurement Game Plan by Charles Dominick and Soheila Lunney starts with the question, “Why another procurement/supply management book?” Good question.   For a constantly evolv...

“Naturally, Industry 4.0 requires a new procurement. The factors driving the change are the hyper-competition, globalization, supply chain risks, resource scarcity and many more. But the most importan...

“No industry or country is immune from bad buying; it exists in every nation in the world, and in almost every organization.” - Peter Smith, p. xi Bad Buying: How organisations waste billions through ...

If you are planning your event schedule beyond this week, Art of Procurement just opened registration for Mastermind LIVE 2023 on November 7th. Join us as we collectively imagine the art of the possib...

We’re wading through the depth of the summer but based on what we’re seeing at Art of Procurement, this is going to be a very busy fall! We’re currently working on five different live, virtual events ...

This week we officially cross into the second half (or ‘H2’ as my cool business development friends say) of 2021. I personally feel like we spent the first half of the year looking over our shoulder t...

In this special edition procurement event recommendations post, I will focus on the procurement sub tracks and sessions taking place on June 8 (for the North American audience). Keep in mind that the ...

I've always thought of Knowledge Management systems as databases full of documents. Unwieldy, outdated, only updated when your boss reminds you that participating will be part of your annual review cycle. As it turns out, most of what we already do can be worked into a knowledge management program - we just have to be deliberate about where information goes. The other take-away isn't a new one, but it seems to be one of the hardest ones to maintain.  At the end of a project, it is important to download and record your experiences and lessons learned - for yourself next time or someone else down the road.

This week's Wiki-Wednesday topic is the Pareto Principle - also known as the 80/20 rule. Many of us use it all of the time, but do we really understand the implications of the distribution principle? I'm sure I hadn't fully thought about it until reading up for this weeks' posting. Other things I did not know about the primciple are that it was incorrectly attributed to early 20th century economist Vilfredo Pareto because he observed that 20 percent of the landowners in Italy owned 80% of the land. (He also noted that 20% of the pea plants in his garden produced 80% of the peas...)