Hi {{FIRST_NAME|readers}},
This week, Pure Procurement turns 6 years old!
It's been a cool ride and I hope it lasts a while longer…
As for the newsletter? You've been getting it weekly for over 2 years now…
(5 years if you count my sporadic editions before then).
The only reason it keeps on going?
Reader trust and delivering value are the two most important things to me. Period.
None of this happens without you taking the time to read me.
Everything I do gets tested with one question: "Does this genuinely help my readers solve real procurement technology problems?"
As such, you're essentially a shareholder of this business…
(higher quality content means higher returns for your time investment)
So, for the second year in a row, I'm sending you my annual report!
Think of it as a Letter to Shareholders…
I want you to know what's happening behind the scenes: the wins, the experiments, the stuff that didn't work, and what I'm planning next.
And as an additional thank you to premium subscribers, I'll pull back the curtains a bit more on all of this year's numbers. You'll see what it means to run a solo consulting/media business…
You deserve full transparency from someone you trust with your time and attention.
Thanks again for reading. It means more than you know.
I hope you'll join me for the next trip around the sun.
Digital procurement content back next week.
Onwards!
📰 In this week’s edition:
📋 Poll of the Week
🌙 The 2025 Pure Procurement Annual Report
Note: Some of the content listed above is only available in the email version of this newsletter. Don’t miss out! Sign up for free to get the next edition.
👀 In Case You Missed It…
My Best Linkedin post this week:
Employees are buying burgers with your office supply budgets...
And you don't even know it's happening…

Pure Procurement 2025 Annual Report
This year’s report is divided into 4 sections:
Reminder: How’d We Get Here?
Pure Procurement’s Mission
A Look Back at 2024-25 Results (For Premium Only)
Looking Ahead to 2025-26
Final Thoughts
Let’s do this!
Reminder: How’d We Get Here?
This newsletter started because I noticed that every time I started a new ProcureTech consulting mandate, there would be notable ramp up time for my client and I to get on the same page…
Procurement technology implementation best practices and the "why" behind them are a fairly niche topic… 😬
Selfishly, I started writing articles to create a repository of my thinking on digital procurement. I asked clients to read articles before starting projects together to accelerate time to value. Eventually, I figured I could make the articles publicly available…
Every company deserves high performing technology after all… 😅
What I didn't expect was how much folks would appreciate the public content… Nor how much it would grow beyond my little eastern Canada client base.
In a nutshell, that’s what happened… And I just ran with it… 🏃➡️
These days, I spend about 1/3 of my time on the media side of the business (LinkedIn content, Newsletter, ProcureTech Cup, webinars, whitepapers, etc.) while 2/3 remains consulting work directly with clients, helping make procurement what it can be with technology’s help!
That’s the context for what follows…
Pure Procurement's Mission
Elevate the digital literacy, maturity and, ultimately, impact of procurement functions globally with digital procurement consulting services and educational content.
Pure Procurement's Flywheel
Pure Procurement is separated into 2 business segments: Consulting and Media.
Everything Pure Procurement does fits into this Jim Collins-style flywheel. If it doesn't fit in here, I don't do it:

Around and around we go…
Consulting mandates are generally limited to around 2-5 clients a year all depending on the contexts of projects. I work with clients across the entire “ProcureTech lifecycle”:
Initial technology roadmap ideation, design and documentation
ProcureTech business case development
ProcureTech procurement strategy & execution (RFx) - Yeah, meta… I know…
Technology implementation projects
Continuous improvement team/process setup
Then, we loop back around… ♻️
I also consult with a few select ProcureTech software providers on product and marketing.
Media work is done both independently and collaboratively with partners, and includes:
LinkedIn/YouTube Content
This weekly newsletter
Deep dive articles, whitepapers, etc.
Webinars/Podcasts
Speaking engagements
The ProcureTech Cup Event Series
It’s all a lot of fun but the challenge is always the same…
There are only 168 hours in a week and it’s very easy to “drown in the interesting” since almost everything is interesting to me…
Part of why I write this annual report is to publicly set objectives to help keep me honest!
On that note, let’s look at how Pure Procurement did in the last year…
A Look Back at 2024-25 Results
Last year I set objectives in my first annual report…
As you read through this section, a ✅ means the objective was met, a 🟡 means I made progress but don't consider it achieved and 🔴 well… That's failure 😅
This is coupled with the data for each channel (e.g. impressions/views, comments/reactions, unique viewer numbers, open/click rates, pageviews, etc.)
The Takeaway from 2024-25?
In a nutshell, it was another year of strategic experimentation with great results but also hard-learned lessons.
What went better than planned:
Consulting practice stayed busier than expected
The ProcureTech Cup event series exceeded all my wildest expectations…
Experimentation with a YouTube channel
Creating a first comprehensive ProcureTech ebook from scratch
Redesigned the Pure Procurement brand & website
Figuring out the "blueprint" to add a second team member
What I learned the hard way:
You should plan for your young kids getting sick to amputate about 4-5 weeks of the year 😂
Newsletter growth and subscriber quality typically have an inverse relationship
Managing multiple content channels simultaneously requires dedicated marketing support if I want to do it at the level I’ve got in mind
The ProcureTech Cup took 3x more time to organize and run than initially budgeted (but worth every minute!)
The best part this year:
Receiving messages like these from you:
"I'm a huge fan of you and your procurement content, so truly appreciate being invited to your network!"
"Hey Joel, I've really loved your content. It's been super helpful as I wrap my mind around the global procurement landscape."
"I ran across your content and it is extremely relevant to me. I am building out procurement at a newer company and I am currently focusing on systems and a digital strategy."
Solo consulting and content production can be fairly lonely work 😅 Receiving these messages always makes my week!
Finally, here were the top 10 most-read articles published in the last year:
Looking Ahead to 2025-26
Based on this year's lessons, I'm attempting to doubling down on what's working while addressing the gaps that held me back.
The Focus: Renewed commitment to delivering high-quality content about the "how" of ProcureTech (as in… How do we actually make these pieces of tech work in practice in complex, enterprise ecosystems to get results!)
There's a LOT of content out there about the "what" of ProcureTech (What solutions are available? What technologies should you consider? What's required for project success?) but there's not enough deep, actionable "how-to" content.
That's the guiding star in 2025-26.
Here’s how that translates to objectives:
Consulting Segment
Continue selective client approach, only getting involved when I'm uniquely qualified to help, referring excellent partners when I’m not.
Current status: Booked through to September 2025
For Q3/Q4 2025 support: Now is the time to reach out if you want support for your ProcureTech initiatives in the fall.
Media Segment
Content Production
LinkedIn: Minimum of 250 good posts on digital procurement (just keeping things stable here).
Newsletter: 52 high-quality editions, one a week every Sunday.
OTPR (On-Time Publish Rate): Maintain 80% or better
Subscriber Goal: 20,000 “high engagement” subscribers (as defined in previous section)
Quality Metrics: Keep open and click rates stable or improving
Asset Production:
Publish 4 assets in collaboration with newsletter partners on topics of interest for readers.
Publish a minimum of 2 in-house, “out of this world” free assets for subscribers.
Live Events & Video
Fireside Chats: 4 quarterly events
2025-26 ProcureTech Cup:
Deliver stellar 3rd edition, switching the focus from “what” (what solutions are out there) to “how” (how do we make ProcureTech work for us in our organization?)
Format TBD… Still workshopping this… If you’re a ProcureTech brand and want to be notified when this is finalzied, let me know.
Stretch goal: Live, intimate, conference-style event in Montreal for the “finals”
YouTube: Use as video content repository… No meaningful attempts to grow.
Partnerships
Strategic Partners: Keep partnering with 4 ProcureTech brands I believe in
Partnership Approach: Continue "slow and steady" vetting process (quality over speed/quantity)
Team Development
Marketing Manager: Finally make this critical hire to help me coordinate and execute the above
Why this matters: I'm constantly hitting my capacity limits managing everything solo…
Final Thoughts
That's it (and that's enough with young kids) 😂
Hopefully this report gives you some visibility into my business model, how you're part of it, and what to expect going forward.
Nothing on the media side works without you, the reader. You are the lifeblood that keeps all this humming... I take that very seriously.
Quality, integrity, transparency and honesty are at the center of everything I do because I value the trust, time and energy you place in me when taking the time to read my content.
My promise? I will never put something in front of you that I haven't written, edited, used myself or properly vetted with demos, questions, client testimonials, etc.
This is absolutely critical to me.
Otherwise, I am not be accomplishing the mission outlined at the start of this report… I would just advertising for the highest bidder without regard for quality and positive impact on your respective businesses.
So let me end by saying Thank You! I love pushing my limits to spread the gospel of digital procurement, but it isn't possible without you. I appreciate you more than you know.
I’ll report back next year 😊
Joël
👀 In Case You Missed It…
The Last 3 Sunday Night Notes:
1/ How to Master Supplier Data Quality
2/ The ProcureTech Pilot Site Selection Algorithm
3/ Limited Ammunition: The CPO's Digital Dilemma

When I take a look at a company’s annual report, if I don’t understand it, they don’t want me to understand it…

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