The University of Connecticut's Procurement Services invites applications for the position of Procurement Analyst (UCP 8). Reporting to the Associate Director of Procurement Services and within the strategic objectives set-forth by the University, the Procurement Analyst will serve as a liaison in support of the campus community's research and information technology procurement needs.
The analyst team at Ardent Partners has been writing about procurement people, processes, technologies, and industry best practices that have helped to propel the profession forward even before the firm's creation. In the nearly 20 years since, we have seen the development of innovative, game-changing technologies, like business process automation tools, mobile devices and applications, social-collaborative tools, cloud-based technologies, and solution suites. At the time of their development, these were considered "advanced;" but today, they permeate the business landscape and would hardly be considered so. Still, they continue to improve business processes, drive value, and make lives a lot easier for sourcing and procurement practitioners. Choosing a supply management solution or solution suite today can be a difficult decision.
"How do we bring the'Amazon effect' into our organization?" Amazon is changing how consumers view the world; procurement professionals cannot afford to ignore consumers' perceptions of how simple business-to-business (B2B) interactions should now be. In our Procurement As-a-Service Blueprint, we use the term'Amazon-effect' to describe a move to simple, seamless, digital buying experiences, with procurement becoming more user-focused, driven by more technology and changed user expectations. 'Amazonification' is one of the five driving forces in the transformation of procurement: 'Amazonification' driven by the "Triple-A Trifecta" of automation, artificial intelligence (AI) and analytics Cloud-based platforms Partnership ecosystems Sourcing and category management talent Blockchain or distributed ledger technologies (DLT) 'Amazonification' driven by the "Triple-A Trifecta" of automation, artificial intelligence (AI) and analytics Amazon has created a de-facto standard for purchasing experiences: simple, easy and accommodating to the user. Many people wonder why buying at work should be so different from buying as a consumer.
Stein, Sebastian (University of Southampton) | Gerding, Enrico (University of Southampton) | Rogers, Alex (University of Southampton) | Larson, Kate (University of Waterloo) | Jennings, Nicholas R. (University of Southampton)
Emerging service-oriented technologies allow software agents to automatically procure distributed services to complete complex tasks. However, in many application scenarios, service providers demand financial remuneration, execution times are uncertain and consumers have deadlines for their tasks. In this paper, we address these issues by developing a novel approach that dynamically procures multiple, redundant services over time, in order to ensure success by the deadline. Specifically, we first present an algorithm for finding optimal procurement solutions, as well as a heuristic algorithm that achieves over 99% of the optimal and is capable of handling thousands of providers. Using experiments, we show that these algorithms achieve an improvement of up to 130% over current strategies that procure only single services. Finally, we consider settings where service costs are not known to the consumer, and introduce several mechanisms that incentivise providers to reveal their costs truthfully and that still achieve up to 95% efficiency.