Why Great Procurement Leaders Think Like Product Managers
Procurement has always been about control managing costs, ensuring compliance, and negotiating favorable terms. But as organizations grow more complex, and as technology reshapes how we buy, the best procurement leaders are no longer simply managers of process. They are builders of experience, innovators of systems, and curators of value. In other words, the best […]
From Reactive to Predictive: The Next Generation of Procurement Analytics
Procurement used to be about reacting. When a purchase request arrived, teams would process it, approve it, and move on. When a supplier failed to deliver, teams would respond with urgency and damage control. When the budget ran out, finance would investigate after the fact. But in today’s fast-moving economy, reacting is not enough. The […]
How Smart Procurement Platforms Are Enabling Local Content Growth in Saudi Arabia
When Saudi Arabia announced Vision 2030, one of its most ambitious goals was to diversify the economy and strengthen local industries. Central to this transformation is the concept of local content ensuring that national projects and procurement spending directly contribute to local businesses, manufacturing, and talent. But for years, achieving measurable progress on local content […]
Why CFOs Are Now the Biggest Procurement Champions
For decades, procurement and finance operated as two parallel worlds. Procurement was tasked with sourcing goods and services while finance focused on budgets, compliance, and the bottom line. The relationship was transactional and reactive. But in the last few years, something fundamental has changed. The Chief Financial Officer has become one of procurement’s strongest allies. […]
How Procurement Technology Transforms Manufacturing Operations
The manufacturing industry faces unique challenges when it comes to procurement. From managing complex supply chains to coordinating with multiple vendors across different locations, manufacturers need robust systems to keep operations running smoothly. This is where modern procurement technology becomes essential for staying competitive and maintaining profitability. The Procurement Challenges in Manufacturing Manufacturing companies deal […]
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 […]
Beyond Savings: The New Procurement KPIs Every CFO Cares About in 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 […]
