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Procurement News — May 1, 2024

05-01-2024

Welcome to Procurement News, part of our ongoing aggregate news series covering recent supply management headlines and trends pertinent to Chief Procurement Officers and other procurement leaders! Contact us with your news story here. Procurement Executive News Starbucks Appoints Heather Ostis as CPO SEATTLE — Earlier this year, Starbucks appointed Heather Ostis as its senior […]

Magnus Mondays — Coupa Inspire 2024: From BSM to Margin Multipliers

04-29-2024

Last week the Ardent Partners analyst team attended Coupa Inspire at the fashionable Aria Resort and Casino in Las Vegas. According to Coupa, this was the largest Inspire so far with about 3,000 attendees and 50 sponsors/partners in the exhibition hall (or the community village as Coupa calls it). This was my first Coupa Inspire […]

CPO Rising Listicle: Best-in-Class CPOs Have 5 Key Characteristics

04-26-2024

Fridays (in 2024) means that it’s time for another CPO Rising Listicle. Each list will include a variety of procurement tips, trends, insights, research, lists, strategies, and/or recommendations designed to help procurement teams improve operations. We’ll also include a summary graphic for you to share with your team. Five Key Characteristics for any Chief Procurement Officer The Chief […]

Magnus Mondays — Make vs. Buy: Procurement Tech Edition

04-22-2024

Last week I tackled the question of what to do with a failed P2P implementation. This week I’ll be addressing another common question: Is it a good idea to build your own procurement solution? In today’s article, we will take a look at why that’s usually not a good idea, nor is it ideal to […]

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