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Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions
If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight. Absent clairvoyant capabilities, however, automotive procurement...
How Arkestro is Changing the Game for High-Tech Manufacturing Procurement
Over the past few decades, globalization, economic shifts, and an aging infrastructure have all taken their toll on the manufacturing industry. But now a combination of new technologies and government policies are changing the game. In particular, high-tech...
Utilizing Predictive Procurement for 10-20% Cost Savings in the Auto Industry
Drew Sheffield, Principal Consultant, DS Group AdvisorsAutomakers and automotive suppliers have some of the most sophisticated procurement organizations in the world, working tirelessly to reduce prices for all categories of spend (direct materials, logistics, and...
Leveraging Supply Chain Disruptions to Accelerate Digital Transformation
The 100 Day Plan: 5 Takeaways for CPOs
Throughout the years, CPOs have faced the same age-old challenge: do more and better with less. Yet in the age of AI, the problem has grown more acute than ever. The role of the CPO has expanded dramatically. At the same time, procurement teams are up against many...
How the Energy Transition is Shaping the Oil and Gas Landscape
As the last few years of volatility have shown, the oil and gas supply chain is complex. Adding in renewables and considering the energy transition adds yet another complicated layer to the mix, especially for procurement teams. However, the energy transition is a...
The Future of Procurement: Predictive Procurement as a Key Driver in the Automotive Industry
By Dr. Charlotte de BrabandtProcurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical. Arkestro's Predictive...
Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain
The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently. One such strategy that is revolutionizing the industry is the shift towards production to order. This approach allows...
Want Better Procurement Outcomes? Apply Game Theory
Even if you’ve never heard of game theory, if you’ve played a board game that requires strategic thinking, trades, or payoffs, you’ve undoubtedly used it before. For example, in chess, you’ve most likely sacrificed lesser valuable pieces like pawns in exchange for...
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