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...
It’s the most wonderful time of year! We are gathering with family and friends, celebrating over feasts and yummy treats, and best of all — we’re shopping. Black Friday is expected to be the busiest shopping day of the year in the U.S. In 2022, Black Friday and Cyber...
Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 billion in sales-lift and remains second only to Christmas (which brought in over double that at $6.2 billion). Getting a...
Procurement is at a crossroads. At the same time that automation has launched the discipline into a new era of efficiency, global supply chain and manufacturing practices are in a constant state of flux. With technological advancements in their playbook, procurement...
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...
It’s the most wonderful time of year! We are gathering with family and friends, celebrating over feasts and yummy treats, and best of all — we’re shopping. Black Friday is expected to be the busiest shopping day of the year in the U.S. In 2022, Black Friday and Cyber...
Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 billion in sales-lift and remains second only to Christmas (which brought in over double that at $6.2 billion). Getting a...
Procurement is at a crossroads. At the same time that automation has launched the discipline into a new era of efficiency, global supply chain and manufacturing practices are in a constant state of flux. With technological advancements in their playbook, procurement...