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Articles by Lance Younger
Procurement’s AI Tipping Point Has Arrived
Software & Technology AI/AR The experimentation phase critically clarified what the technology can do. Now procurement leaders must create the platforms for intelligent action. Lance Younger Apr 29, 2026 ORO Labs Kornkanok AdobeStock_1641384719 Procurement is moving into a more demanding phase of AI adoption. Over the past two years, teams piloted, tested agents, and automated targeted tasks across all areas of intake to pay, including supplier and risk management.
Sia Partners UK CEO on thriving in the new normal
When the full economic impact of the coronavirus lockdown kicked in, Irene Molodtsov remained upbeat. The UK CEO of Sia Partners, a management consultancy employing 1,800 staff across 16 countries, says the experience of seeing her own business recover from a major shock, allows her to think positively about the current challenges. “I have been here before- emotionally,” she says.
Online purchasing can save businesses hundreds of pounds..per item!
Procurement A huge expense to all businesses that is often overlooked is the cost of essential day to day items. While many purchasing departments simply contact suppliers in order to replenish items such as pens, paper or ink, they often use multiple providers for these types of basic products, making the process more disjointed and far less cost-effective than it ought to be. So how can businesses streamline the process and save money at the same time? The answer lies in digital procurement.
To buy or build data management solutions? Why outsourcing can be best way forward
Procurement Systems & Software The debate continues to rage across financial services: is it ‘better’ to build solutions internally, or buy them from an external solutions provider? A recent survey commissioned by Asset Control, polling decision-makers in financial services organisations in the US and Europe, found firms cautiously optimistic about ROI timescales for internally-developed solutions.
Benchmarking? It’s not just about cost
Procurement Benchmarking is too often treated as an exercise in cost reduction. Bring the topic up with consultants and conversation will typically drift towards the price of services across different sites and how they compare with an industry standard. While this idea captures the practice in its broadest terms, it also overlooks the scope for more profound changes, especially in the support services sector.
Proxima’s Guy Strafford on supplier-led innovation
Procurement In a world of increasing disruption and wider change including Brexit and other geopolitical factors, there is a greater need for companies to be operating in a faster and more flexible way, says Guy Strafford. The EVP market engagement for procurement specialists Proxima Group, says it is also a time “of hesitation, getting the ship in order” after the economy has grown for nine years, reflected in a recent KPMG report.
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