Procurement stories - Page 1

B2B buyers are rebelling against scripted ‘discovery theatre’ sales, accusing vendors of wasting time, misusing AI and eroding trust.

Celonis’ Pascal Coubard eyes rapid APAC expansion after customers unlock USD $8.1 billion in value with its upgraded process intelligence platform.

Australian organisations face mounting cyber risk as vendor networks outgrow weak third party controls, with 99% hit by supply chain breaches.

Snowflake doubles AWS Marketplace sales to top USD $2 billion in 2025, underscoring surging enterprise demand for integrated data and AI tools.

UK unveils GBP £15 million anti-corruption drive, but experts warn sidelined fraud strategy leaves main source of dirty money unchecked.

AI is set to end SaaS dominance by 2026 as firms pay for domain-specific agents and governed cloud usage instead of per-seat software.

By 2026, AI will transform procurement with specialised models, transparent governance, autonomous agents, and new security standards boosting trust and efficiency.

Karmo is now the sole provider in Queensland's Local Buy fleet scheme, offering councils and agencies easy access to flexible vehicle subscription services.

Huawei Cloud launches AI Pioneer Partner Ecosystem Alliance in Singapore to boost practical AI adoption across industries with new infrastructure and partnerships.

Zinit has raised USD $8 million to expand its AI-driven platform that automates procurement, cutting cycle times by 40% and boosting savings by 30%.

Right-sized ERP training empowers existing teams, cuts costly consultant fees, and debunks the myth that all employees need extensive reskilling.

CFOs are taking a lead in cybersecurity, viewing it as a vital business risk and investment, to shield organisations from growing digital threats and financial fallout.

SAP’s adaptive AI architecture and clean core focus are driving flexible digital transformation in public and private sectors across Australia and New Zealand.

Australian businesses could unlock a USD $60bn productivity gain by saving 8%-10% on external supplier spend without job or performance cuts.

RobobAI launches Agent Bob, an AI tool transforming procurement by delivering instant strategic insights via natural language interaction with spend data.

Singapore firms plan to boost AI spending to SGD $18.9m this year, with rising ROI but face challenges in workforce skills and data integration.

US defence contractors face a tight deadline to meet new DoD cybersecurity rules or risk losing contracts as enforcement phases in by 2028.

Squadron Energy won the ERP Fast Growth award for swiftly deploying SAP's Public Cloud ERP, boosting operations and cutting reconciliation time by 70%.

Australian procurement leaders adopt AI to enhance sourcing and agility amid supply chain challenges, blending technology with human expertise for strategic gains.

UK firms lose nearly one in five SaaS pounds to wasted or duplicate licences, with 63% facing uncontrolled adoption risking security and overspending.