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2025 Procurement Benchmark Report

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The Spend Culture Blog

Best practices, expert advice, and industry insights on everything from procure to pay. Learn how you can put your procurement function to work to cut costs, drive efficiency gains, and future-proof your organization.

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Procurement

Updated: Jun 1st, 2023 • 3 min read

5 Must-Read Procurement Books to Get to the Top of Your Field

We’re big fans of lifelong learning and we’re constantly reading about ways to improve our performance or change our way of thinking. No matter … 5 Must-Read Procurement Books to Get to the Top of Your Field

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Procurement

Updated: Jun 1st, 2023 • 4 min read

5 Procurement Nightmares You Can Avoid

It’s the sort of thing that gives office managers and procurement experts nightmares: a procurement issue has ballooned and is now costing the company … 5 Procurement Nightmares You Can Avoid

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Procurement

Updated: Jun 1st, 2023 • 3 min read

What Skills are Needed for a Job in Procurement?

Looking for a job in procurement? If you’re considering a job in procurement—or if you already have a career but want to update your skills—there are … What Skills are Needed for a Job in Procurement?

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Procurement

Updated: Jun 1st, 2023 • 3 min read

Why Does a Procurement Skills Gap Exist?

The Hidden Inefficiencies In Procurement There are a myriad of reasons why inefficiencies can occur in procurement, including supply chain fragmentation, clarity of contract, … Why Does a Procurement Skills Gap Exist?

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Company news

Updated: May 31st, 2023 • 7 min read

How to Encourage Your Team to Work Smarter, Not Harder

Being a manager might be a goal many of us aspire to, but with such a title comes the significant responsibility of running a … How to Encourage Your Team to Work Smarter, Not Harder

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Other

Updated: May 31st, 2023 • 5 min read

6 Ways to Streamline and Reduce Waste

Organizations with a lean-and-mean approach to business realize that cutting down on internal waste is almost as important as cultivating a healthy revenue stream. … 6 Ways to Streamline and Reduce Waste

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Other

Updated: May 30th, 2023 • 4 min read

The Value of Change Management

Albert Bandura is probably the most influential psychologist you haven’t heard of and yet he is actually the 4th most cited psychologist of all … The Value of Change Management

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Procurement

Updated: May 30th, 2023 • 4 min read

Six Ways Your Purchasing Process Drives You Crazy

Sometimes the system just gets in the way. Here are 6 scenarios you will only understand if you have one of those infuriating purchasing … Six Ways Your Purchasing Process Drives You Crazy

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Supply chain

Updated: May 30th, 2023 • 3 min read

Consumers Against Stock-Outs and How You Should Direct Supply Chain Risk Management

How can stock-outs affect your bottom line? To begin with stock-outs will create a loss of revenue and deterioration in brand image. When it … Consumers Against Stock-Outs and How You Should Direct Supply Chain Risk Management

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Vendor management

Updated: May 30th, 2023 • 3 min read

Tips on Developing Effective Supplier Management Processes

Supplier management processes are a complex, ever-changing realm with myriad factors at play that could significantly alter the performance of an organization. Internally, it … Tips on Developing Effective Supplier Management Processes

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Procurement

Updated: May 30th, 2023 • 3 min read

How Can Procurement Make Your Business Profitable?

Procurement and business profitability go hand in hand. It’s a massive component of any company’s costs. In fact, estimates from consulting giant PwC peg … How Can Procurement Make Your Business Profitable?

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Compliance

Updated: May 30th, 2023 • 3 min read

4 Procurement Compliance Issues in Oil and Gas

The oil and gas sector can be a profitable industry. The sheer size of oil and gas projects – typically large-scale energy developments – … 4 Procurement Compliance Issues in Oil and Gas

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2025 Buyer’s Guide: Spend Management

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