procurement

All Posts
procurement
Excellence and efficiency

Good Debt vs. Bad Debt: What Kiyosaki Can Teach Procurement About Payment Terms

A payment term is only an “asset” if it produces financial benefits or savings.

ukrsedo

Jul 273 min read

Left: Happy man with halo, labeled Confucianism, "Presumption of Innocence." Right: Sad man with ball and chain, labeled Legalism, "Presumption of Guilt."

Legalism vs. Confucianism in Procurement: Presumption of Guilt or Innocence?

Many leading organisations are now shifting toward a hybrid model that combines strong ethical principles with leaner controls, enabling agility, innovation, and supplier collaboration.

ukrsedo

Jul 184 min read

an architect carefully examines blueprints

Microsoft AI Licensing and The Software Inflation.

And that’s the paradox: you’re buying intelligence, but unless you govern it smartly, it makes your cost model dumber.

ukrsedo

Jun 223 min read

Power Automate interface showing a flow with parameters. Text fields include "Missing elements" and "OriginalStrategy." A code snippet is displayed in focus.

RPA First, Then AI.

"He who would learn to fly one day must first learn to stand and walk and run and climb and dance; one cannot fly into flying." Friedrich...

ukrsedo

Jun 44 min read

AI Effect on IT Procurement: G2 Explains

Key Insights from the G2 "AI: Always Included" Report (2025): AI is now considered an essential component in IT procurement rather than a...

ukrsedo

May 182 min read

Key skills anticipated to shape the workforce by 2030 are illustrated in this chart, highlighting areas like AI, big data, and technological literacy as crucial. It categorizes these skills into emerging, core, out-of-focus, and steady, based on employer expectations for their essentiality by 2025 and projected usage increase by 2030.

CIPS Global Standard 2030

Mapping WEF Core Skills for 2030 with the CIPS Global Standard

ukrsedo

Apr 234 min read

The graph displays stationary data over time, showing random fluctuations around a mean with no long-term trend.

AI in Procurement: Applying the ADF Test

ADF test helps to understand essential characteristics of data we want to analyse and draw some simple but helpful procurement conclusions.

ukrsedo

Mar 54 min read

Mathematics in the Business: Monte Carlo Simulation.

This blog will study how Monte Carlo simulation can streamline decision-making with the help of mathematics and AI.

ukrsedo

Jan 123 min read

Preparing for Negotiations with Regression Analysis

This article explores the application of regression analysis by examining the relationship between UK electricity prices and AWS EC2 costs.

ukrsedo

Jan 83 min read

Negotiating with a Monopolist

Minimax Strategies Promote Rational Decisions by Balancing Profit and Risk in Monopolist Negotiations.

ukrsedo

Dec 26, 20243 min read

SaaS Market Analysis for Effective Negotiations

The 2024 SaaS industry report revealed compelling insights into profitability challenges and emerging trends.

ukrsedo

Dec 14, 20242 min read

Mastering Category Management: HDPE Water Pipe Sourcing Strategy.

When sourcing HDPE water pipes, one of the top-spend items for infrastructure companies, more than the unit price must be considered.

ukrsedo

Dec 4, 20244 min read

The TCO of Excel with no Preaching for Transformation

Remember that Excel is a business application. If you need to go beyond working with spreadsheets and analyzing basic numerical data,

ukrsedo

Nov 19, 20243 min read