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Professional Procurement & Business Blog

AI in Procurement: 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
131 views
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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
116 views
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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
146 views
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Negotiating with a Monopolist
Minimax Strategies Promote Rational Decisions by Balancing Profit and Risk in Monopolist Negotiations.
ukrsedo
Dec 26, 20243 min read
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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
62 views
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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
88 views
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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
43 views
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