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...
Executive Summary Problem: Traditional procurement is slow, manual, and reactive — draining resources and missing opportunities. Solution: Arkestro’s predictive procurement methodology unites Negotiation Science, Supplier Science, and Process Science into one...
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...
Currency volatility in procurement is all about the frequent ups and downs of exchange rates between a company’s local currency and that of an international supplier. These fluctuations can have a significant impact on the final cost of purchased goods, meaning what...
Big changes are hitting global trade, and procurement teams must act quickly to stay ahead. President Trump’s new tariffs — 25% on imports from Canada and Mexico and 10% on imports from China — are meant to bolster domestic industries and address national security...
Markets thrive on transparency — it's the driving force that keeps them fair, competitive, and efficient. When information is open and accessible, everyone wins. Businesses make smarter moves. Consumers make confident choices. Ultimately, the entire system operates...
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...
Executive Summary Problem: Traditional procurement is slow, manual, and reactive — draining resources and missing opportunities. Solution: Arkestro’s predictive procurement methodology unites Negotiation Science, Supplier Science, and Process Science into one...
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...
Currency volatility in procurement is all about the frequent ups and downs of exchange rates between a company’s local currency and that of an international supplier. These fluctuations can have a significant impact on the final cost of purchased goods, meaning what...
Big changes are hitting global trade, and procurement teams must act quickly to stay ahead. President Trump’s new tariffs — 25% on imports from Canada and Mexico and 10% on imports from China — are meant to bolster domestic industries and address national security...
Markets thrive on transparency — it's the driving force that keeps them fair, competitive, and efficient. When information is open and accessible, everyone wins. Businesses make smarter moves. Consumers make confident choices. Ultimately, the entire system operates...