Software Procurement Will Never Be the Same Because of AI
The recent Citrini “scenario” (written primarily for investors) showcased a dystopian vision of the future in which vast swathes of human labor were replaced by AI agents, leading to a spike in unemployment and a massive increase in inequality. One of the suggestions of the article was that vibe coding would lead to a plethora […]
Bridging Africa’s Infrastructure Gap: Unlocking Economic Potential Through Innovative Procurement
1 Executive Summary Africa’s infrastructure financing gap—estimated at $50–90 billion annually in 2025—represents a critical barrier to sustainable growth, costing the continent up to 2% of GDP each year and perpetuating challenges like energy poverty and low productivity. Cumulative shortfalls could reach $1.6 trillion by 2030 without intervention. Closing this gap could boost GDP by […]
The ROI of a Product Nobody Uses Is … -100%
When discussing technology used for strategic sourcing such as RFPs, much of the conversation boils down to the solution itself. How much does it cost? How difficult is the implementation? Will it integrate with the ERP system? Will this solution help us get value-for-money (all too often defined as the cheapest solution)? Is the procurement […]
The Crawl, Walk, Run of RFPs
We live in an AI world. It’s still early in the transformation but this is clearly a persistent trend. For all the change AI promises, though, success has been elusive. Here’s MIT Nanda talking about the current state of affairs: “Despite $30–40 billion in enterprise investment into GenAI, this report uncovers a surprising result in […]
Starting the Digital Transformation Journey – Lessons Learnt from Successful Engagements
Caveat Lector: This article is based on my actual experiences. While I usually try limit my opinions, I remind the reader that opinions are like noses – everybody has one. The interested reader would be wise to consider other opinions and experiences when deciding their approach. While this blog focuses primarily on topics related to […]
What Can Figma Teach Us About RFPs?
The biggest problem in procurement is the existence of silos. Siloed data means that teams draft and issue RFPs with a subset of the information they require to write a comprehensive document soliciting supplier proposals. The buyer’s team lacks a full sense of the problem the firm wants to solve with the procurement or its […]
EdgeworthBox Announces Launch of Generative-Procurement-as-a-Service to Transform RFPs
[vc_row type=”in_container” full_screen_row_position=”middle” column_margin=”default” column_direction=”default” column_direction_tablet=”default” column_direction_phone=”default” scene_position=”center” text_color=”dark” text_align=”left” row_border_radius=”none” row_border_radius_applies=”bg” overflow=”visible” overlay_strength=”0.3″ gradient_direction=”left_to_right” shape_divider_position=”bottom” bg_image_animation=”none”][vc_column column_padding=”no-extra-padding” column_padding_tablet=”inherit” column_padding_phone=”inherit” column_padding_position=”all” column_element_spacing=”default” background_color_opacity=”1″ background_hover_color_opacity=”1″ column_shadow=”none” column_border_radius=”none” column_link_target=”_self” column_position=”default” gradient_direction=”left_to_right” overlay_strength=”0.3″ width=”1/1″ tablet_width_inherit=”default” tablet_text_alignment=”default” phone_text_alignment=”default” animation_type=”default” bg_image_animation=”none” border_type=”simple” column_border_width=”none” column_border_style=”solid”][vc_column_text]Date: October 1, 2024 Location: New York, New York EdgeworthBox, an innovative provider of procurement technology solutions, […]
Complex Group Procurement Needs the Right Meta-System
Imagine an organization with a troubled history of procurement. Let’s think of it as a bank, but it could be anything large and complicated. In this story, there are many different players. First, there is the business. There are various trading desks focused on derivatives in different asset classes including asset-backed securitization, equity derivatives, mortgage-backed […]
EdgeworthBox, an AWS Public Sector Partner, Now Available in the AWS Marketplace
September 2024 | New York, NY – EdgeworthBox, a procurement technology company and AWS Public Sector Partner, is excited to announce its listing in the AWS Marketplace. This new procurement channel simplifies access for government agencies and enterprise procurement organizations, making it easier than ever to discover and purchase EdgeworthBox services. As a member of […]
How Can We Maximize the Productivity of Procurement Committees?
We’ve written recently about a core problem with Requests for Proposals: poor internal stakeholder coordination. It creates a number of derivative issues: Poor specification of requirements: the organization fails to exploit its internal knowledge and connections Lengthy procurement cycles: decision makers struggle to obtain consensus Poor visibility into the value chain: without knowledge of or […]