Blog
Embracing AI and Predictive Procurement to Overcome Industry Challenges
Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Dramatically improving the internal customer experience and supplier experience. Enhancing supplier performance. Balancing conflicting priorities and delivering...
Pioneering Procurement: How Arkestro’s Patents Are Reshaping the Industry
In the dynamic realm of procurement, leveraging cutting-edge technology and innovative methodologies isn't just advantageous—it's essential. At Arkestro, we're not merely tracking industry trends; we're creating them. Ben Leiken, Arkestro’s Chief Technology Officer,...
Unleashing the Power of Procurement Buyers: Delving into this Impactful Role
Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality. But in 2024, the role has never been more important. After years of focusing on cost...
Inspiring Inclusion: The Transformative Role of Women in Procurement
As we celebrate International Women's Month 2024, the spotlight shines on the progress toward equality and the continued journey for inclusive growth within the professional sphere. This year's theme, Inspire Inclusion, resonates profoundly across various industries,...
Gartner® Top 4 Predictions for Procurement in 2024
If the last five years have taught procurement professionals anything, it’s that things can change in an instant. From a global pandemic completely disrupting supply chains to the emergence of artificial intelligence (AI) as a game-changing technology to automate...
From Reactive to Proactive: How Predictive Procurement Reshapes the Industry
The procurement workload is expected to increase by 10.6% in 2023, even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. The result? An industry productivity gap of 7.4% and an efficiency gap of 7.8%,...
How Predictive Procurement Helps Unlock Savings in 60 Days
What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training? What if, by applying Predictive Procurement, you could completely shift procurement’s role in your organization from one of...
What does a Procurement Manager do? Job Description, Skills, and Qualifications
As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030. Procurement managers...
4 Key Trends Reshaping Manufacturing Procurement in 2024
The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor...
Previous Events
No Results Found
The page you requested could not be found. Try refining your search, or use the navigation above to locate the post.
Subscribe to news from Arkestro
By submitting this form, you agree to occasionally receiving communication from Arkestro. No spam, just relevant news and tips & tricks. You can unsubscribe at any time.
Want to learn more?
Talk to an expert on how Arkestro can help you negotiate smarter and achieve more in less time, without adding headcount.
Recognized by:
Want to learn more?
Talk to an expert on how Arkestro can help you negotiate smarter and achieve more in less time, without adding headcount.
Recognized by