From Maverick Spending to Smart Governance: The Future of Procurement Control
Every organization struggles with it, the purchase that happens outside policy, the surprise invoice from a department that did not follow procedure, or the supplier added last minute without procurement’s involvement. This is maverick spending, and it silently drains millions from enterprises every year. The challenge is not just preventing maverick spending, it is doing […]
Procurement 2.0: The Digital Advantage That Will Define Your Future
Procurement has always been at the heart of business operations, connecting people, budgets, and suppliers. But over the past decade, its role has changed completely. It is no longer a back-office function, it has become a strategic driver of value, resilience, and competitive advantage. This transformation marks the rise of Procurement 2.0, a new era […]
Why Local Content Is the New Competitive Advantage for Saudi Enterprises
For decades, procurement was primarily judged by one measure, cost. The cheaper the supplier, the better the deal. But in today’s Saudi economy, that mindset is rapidly changing. A new factor has emerged as a competitive advantage, local content.Driven by Vision 2030 and the efforts of the Local Content and Government Procurement Authority (LCGPA), Saudi […]
مؤشرات الأداء الجديدة في المشتريات التي تهم كل مدير مالي في عام 2025
For years, procurement success was measured by one number, savings. The lower the price, the better the performance.But in 2025, that definition has changed. CFOs and CEOs are no longer asking “how much did we save?”, they are asking “how much value did we create?” Modern procurement is about visibility, control, and impact. It is […]
الذكاء الاصطناعي في المشتريات: التمييز بين التأثير الحقيقي والضجيج الإعلامي
Artificial Intelligence has become the most talked-about trend in business transformation. Every software company claims to be “AI-powered,” and every enterprise wants to adopt it. Yet for many procurement leaders, the question remains, is AI in procurement truly transformative, or just another wave of buzzwords? The truth lies in the details. AI is already transforming […]
من الرئيس المالي التنفيذي إلى رئيس المشتريات التنفيذي: كيف أصبحت المشتريات محرك النمو الجديد
Procurement’s Evolution: From Savings to Strategy Procurement has long been viewed as a cost-control department focused on savings, compliance, and supplier management.But that definition is changing fast. In modern enterprises, procurement is stepping into a strategic role, driving financial resilience, risk mitigation, and even growth. And it’s catching the attention of CFOs. The best-performing companies […]
Procurement 2.0: Why Digitization Alone Isn’t Enough
The First Wave: Digitization In the past decade, many organizations proudly announced, “We’ve digitized our procurement.” That usually meant shifting from paper and email-based purchasing to an online system automating approvals, sending RFQs digitally, and tracking spend on dashboards. That was Procurement 1.0 — the first wave of digital transformation.It made procurement faster and more […]
تتبع المحتوى المحلي هو الامتداد الجديد للمعايير البيئية والاجتماعية والحوكمة: لماذا سيحدد الامتثال مستقبل المشتريات في 2026
From ESG to Localization: The New Compliance Frontier Over the past five years, procurement leaders have become familiar with ESG — Environmental, Social, and Governance metrics.But the next big compliance shift is already taking shape, especially across the Middle East: Local Content Tracking. As governments push for economic diversification and job creation, local content requirements […]
صعود الذكاء الاصطناعي في المشتريات: من فوضى البيانات إلى وضوح القرار
Procurement Is Drowning in Data and That’s the Opportunity Every procurement team today sits on a mountain of data: supplier profiles, past bids, invoices, performance reports, and cost histories. But most of that data lives in spreadsheets, email attachments, and disconnected systems, impossible to analyze or use for smarter decisions. That’s why Procurement AI is […]
