AI and automation are fundamentally reshaping how procurement teams operate. While still emerging, these technologies have already driven significant gains in efficiency and productivity. AI can reduce the time spent on routine tasks by as much as 80%, and more than...
Procurement industry experts came together recently to take part in Arkestro’s latest webinar, “Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations,” to explore how predictive procurement is driving large-scale change...
Spring and summer mark a season of innovation, connection, and momentum in procurement, as well as some of the industry’s biggest annual events. This year, Arkestro is right in the mix of it all — traveling, sponsoring, and speaking at key conferences and events...
For years, procurement teams have struggled with a fundamental challenge: too much spend and too little time. According to a report from the Hackett Group, improving spend cost reduction was the top priority for CPOs in 2024. At the same time, a dramatic talent...
Nearly 80% of procurement professionals say they’re under pressure to streamline processes, reduce errors, and deliver results faster — all without extra resources. Traditional procurement processes only add to the strain, holding teams back with slow, reactive...
Procurement has been stuck in the past for far too long. Plagued by slow, manual processes that limit supplier engagement, the industry is full of inefficiencies that burden procurement leaders and leave money on the table. More than ever before, procurement leaders...
In today’s fast-moving business world, procurement leaders face constant pressure to optimize costs while managing supply chain risks. But as technology reshapes the industry, it’s obvious that traditional procurement methods that rely on historical data, manual...
The Trump administration’s recent tariff threats against Canada, Mexico, and China are fueling fears of an international trade war. While China already faces tariffs, shifting policies on Canada and Mexico are creating uncertainty. Businesses, investors, and consumers...
The oil and gas industry has high stakes and high expectations. In this challenging landscape, a single disruption, market fluctuation, or unexpected delay can have multimillion-dollar consequences. The rise of cybersecurity threats, the war in Ukraine, and the global...
AI and automation are fundamentally reshaping how procurement teams operate. While still emerging, these technologies have already driven significant gains in efficiency and productivity. AI can reduce the time spent on routine tasks by as much as 80%, and more than...
Procurement industry experts came together recently to take part in Arkestro’s latest webinar, “Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations,” to explore how predictive procurement is driving large-scale change...
Spring and summer mark a season of innovation, connection, and momentum in procurement, as well as some of the industry’s biggest annual events. This year, Arkestro is right in the mix of it all — traveling, sponsoring, and speaking at key conferences and events...
For years, procurement teams have struggled with a fundamental challenge: too much spend and too little time. According to a report from the Hackett Group, improving spend cost reduction was the top priority for CPOs in 2024. At the same time, a dramatic talent...
Nearly 80% of procurement professionals say they’re under pressure to streamline processes, reduce errors, and deliver results faster — all without extra resources. Traditional procurement processes only add to the strain, holding teams back with slow, reactive...
Procurement has been stuck in the past for far too long. Plagued by slow, manual processes that limit supplier engagement, the industry is full of inefficiencies that burden procurement leaders and leave money on the table. More than ever before, procurement leaders...
In today’s fast-moving business world, procurement leaders face constant pressure to optimize costs while managing supply chain risks. But as technology reshapes the industry, it’s obvious that traditional procurement methods that rely on historical data, manual...
The Trump administration’s recent tariff threats against Canada, Mexico, and China are fueling fears of an international trade war. While China already faces tariffs, shifting policies on Canada and Mexico are creating uncertainty. Businesses, investors, and consumers...
The oil and gas industry has high stakes and high expectations. In this challenging landscape, a single disruption, market fluctuation, or unexpected delay can have multimillion-dollar consequences. The rise of cybersecurity threats, the war in Ukraine, and the global...