Blog
The Rise of the Intelligent Digital Supply Chain
It doesn’t matter whether a company manufactures cars, frozen meals, or clothing, its supply chain is critical to success. To be profitable, a company must effectively manage its supply chain. Over the years, the supply chain has evolved in many ways. The most recent...
Faster Line Item Imports via Flatfile with Arkestro
New Feature | Faster Line Item Imports via Flatfile Brand new from Arkestro: It’s now easier and faster than ever to import your lots and line items into Arkestro using the spreadsheet format of your choice! Our updated import experience allows you to bring your own...
Arkestro: Bringing the Power of AI to Chemical Manufacturing
Chemical manufacturing is a massive global industry. Chemical manufacturers turn a wide range of raw materials into tens of thousands of different products. Some of these end up being used directly by consumers, but many of the chemicals produced become critical...
Survey Suppliers at Every Line Item with Arkestro
New Feature | Supplier Survey v2 Brand new from Arkestro: The Supplier Survey feature has been completely redesigned and updated with new question types and analysis capabilities. You can now ask Yes/No, Text Response, and Multiple Choice questions in your surveys....
The Arkestro Opti Awards 2021: Celebrating Achievement and Innovation in the Procurement Industry
Voltaire once wrote, “Appreciation is a wonderful thing. It makes what is excellent in others belong to us as well.” This key truth—the importance of appreciation and recognition—is the core foundation of the Opti Awards, which we recently announced for this season....
Bel Brands Leverages Arkestro to Modernize the RFP Process
Multinational cheese producer Bel Brands spends $285 million yearly among its 3,500 suppliers. The company modernized its RFP process using Arkestro, resulting in a 10% cost savings. The move brought a considerable increase in efficiency as well, resulting in a 25%...
3 Reasons Why Your Outdated Sourcing Tools Are Holding You Back
This is the tale of two trends and how they are becoming inseparable: procurement and SaaS (Software as a Service). What is the relationship between a long-established business role and the hottest trend in cloud computing? For a start, both are increasingly seen as a...
The Top 3 Reasons to Attend Optimal 2021
The countdown is on to Optimal 2021. This is the AI conference for procurement teams, where procurement meets AI to drive innovation and digital transformation. Over 55% of companies are making a major AI investment in procurement. If yours is one of those, or...
Arkestro: The Ultimate Tool for AI in Procurement
Sourcing and procurement are critical functions in business. They’ve always been one of the keys to success—simply put, without sourcing, there are no raw materials to make a product. Furthermore, procurement teams typically cost less than one percent of an...
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