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...
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,...
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...
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%,...
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...
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...
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...
The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts. It’s a time that can be both exciting and stressful for retailers, especially when many procurement teams face supply...
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...
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,...
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...
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%,...
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...
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...
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...
The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts. It’s a time that can be both exciting and stressful for retailers, especially when many procurement teams face supply...