By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology.Summary This report provides a comprehensive overview of the challenges and opportunities procurement teams are expected to face in 2024. Despite the...
By 2027, 40% of sourcing events will be executed by nonprocurement staff.Summary With procurement technology rapidly evolving, it is time for Chief Procurement Officers to prepare for the digital impact it will have on procurement operations and staffing. In this...
Summary A majority of Chief Procurement Officers believe the ability to use data to make better-informed decisions across an organization is the largest game-changing opportunity for procurement – and yet, many procurement teams are hesitant to adopt automation across...
When you talk about the role of machine learning and AI, it’s really about creating the benefits of optionality for your purchasing organization without the administrative process and overhead costs associated with managing that complexity.Summary The automotive...
Arkestro’s unique approach to AI and sourcing delivers robust capabilities to forecast outcomes of sourcing events before they are actually issued. Therefore, it is a solution that organizations wanting to intelligently automate some of their sourcing events should...
Summary Procurement has long been criticized for being short-sighted in optimizing for short-term cost savings - because that is how many organizations measure procurement’s success. Spend Matters discusses how a self-driving system like Arkestro can lead to...
The root cause of untrustworthy procurement data is both obvious and ubiquitous: free-text data entry checked using a laborious, manual error-prone validation process.Summary With a growing amount of data and an increasing need for agility and resilience, procurement...
Summary Unprecedented times call for new answers, not just incremental changes. Now is the time to mobilize your C-Suite to future-proof your supply chain. Supply scarcity and shortages, inflation, and supply chain disruptions are a few examples of what can go wrong....
By the end of 2024, new AI innovations will begin to significantly change all facets of supply management technology.Summary This report provides a comprehensive overview of the challenges and opportunities procurement teams are expected to face in 2024. Despite the...
By 2027, 40% of sourcing events will be executed by nonprocurement staff.Summary With procurement technology rapidly evolving, it is time for Chief Procurement Officers to prepare for the digital impact it will have on procurement operations and staffing. In this...
Summary A majority of Chief Procurement Officers believe the ability to use data to make better-informed decisions across an organization is the largest game-changing opportunity for procurement – and yet, many procurement teams are hesitant to adopt automation across...
When you talk about the role of machine learning and AI, it’s really about creating the benefits of optionality for your purchasing organization without the administrative process and overhead costs associated with managing that complexity.Summary The automotive...
Arkestro’s unique approach to AI and sourcing delivers robust capabilities to forecast outcomes of sourcing events before they are actually issued. Therefore, it is a solution that organizations wanting to intelligently automate some of their sourcing events should...
Summary Procurement has long been criticized for being short-sighted in optimizing for short-term cost savings - because that is how many organizations measure procurement’s success. Spend Matters discusses how a self-driving system like Arkestro can lead to...
The root cause of untrustworthy procurement data is both obvious and ubiquitous: free-text data entry checked using a laborious, manual error-prone validation process.Summary With a growing amount of data and an increasing need for agility and resilience, procurement...
Summary Unprecedented times call for new answers, not just incremental changes. Now is the time to mobilize your C-Suite to future-proof your supply chain. Supply scarcity and shortages, inflation, and supply chain disruptions are a few examples of what can go wrong....