In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement...
Harvard Business Review has several articles that provide an excellent primer on the background of procurement in the health and pharma industries and the challenges they‘ve faced during the COVID-19 pandemic. The authors point to the need for procurement to play a...
As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of...
Predictive procurement is a must-have in chemical manufacturing. Why? Few industries are as massive and complex as the $5 trillion chemical manufacturing industry. Using a huge range of raw materials for production, companies in this industry supply chemicals to...
The Manufacturing PMI report is a monthly report of benchmarks that measure the manufacturing sector’s performance. Data is collected via surveys of supply executives from a wide range of industries. A series of indices take readings in specific areas, including new...
CFOs are increasingly hands-on when it comes to the strategic vision of their companies. Procurement and finance are teaming up more often to align on future goals and the threats that impact long-term profitability. Tail spend, a longtime procurement focal point, has...
Optimal’22 — The Leadership Summit for Predictive Procurement— wrapped on March 24th. This event isn’t just an opportunity to network with the over 1,000 participants or to learn from incredible keynotes and workshops delivered by notable industry experts....
Bid Ops started as an e-sourcing company powered by AI. The AI simulated a sourcing event before it began in order to generate a target outcome. The key benefit of this autonomous “suggested price” approach to strategic sourcing is 2-5x savings impact in days, not...
One of the under-appreciated challenges facing procurement today is low-intent purchasing. It’s not something that immediately sets off alarms because it’s not necessarily obvious. It’s something that tends to build up over time. Low-intent purchasing is a factor that...
In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement...
Harvard Business Review has several articles that provide an excellent primer on the background of procurement in the health and pharma industries and the challenges they‘ve faced during the COVID-19 pandemic. The authors point to the need for procurement to play a...
As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of...
Predictive procurement is a must-have in chemical manufacturing. Why? Few industries are as massive and complex as the $5 trillion chemical manufacturing industry. Using a huge range of raw materials for production, companies in this industry supply chemicals to...
The Manufacturing PMI report is a monthly report of benchmarks that measure the manufacturing sector’s performance. Data is collected via surveys of supply executives from a wide range of industries. A series of indices take readings in specific areas, including new...
CFOs are increasingly hands-on when it comes to the strategic vision of their companies. Procurement and finance are teaming up more often to align on future goals and the threats that impact long-term profitability. Tail spend, a longtime procurement focal point, has...
Optimal’22 — The Leadership Summit for Predictive Procurement— wrapped on March 24th. This event isn’t just an opportunity to network with the over 1,000 participants or to learn from incredible keynotes and workshops delivered by notable industry experts....
Bid Ops started as an e-sourcing company powered by AI. The AI simulated a sourcing event before it began in order to generate a target outcome. The key benefit of this autonomous “suggested price” approach to strategic sourcing is 2-5x savings impact in days, not...
One of the under-appreciated challenges facing procurement today is low-intent purchasing. It’s not something that immediately sets off alarms because it’s not necessarily obvious. It’s something that tends to build up over time. Low-intent purchasing is a factor that...