Analyst Reports
CFO Key Issues and Priorities
Summary Throughout this past year, organizations have faced economic uncertainty, with concerns over geopolitical tensions, high interest rates, and potential recession. The Hackett Group’s study highlights CFO and other executives’ worries about investment impacts...
How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation
There is a massive opportunity to obliterate and not just simply automate how things are done.Summary This analyst report from Spend Matters discusses the pressing need for procurement organizations to achieve optimal efficiency and effectiveness. It highlights that...
Procurement 2024: BIG Trends and Predictions
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...
Quick Answer: How to Prepare for AI in Procurement
AI technologies can optimize and accelerate your procurement activities necessary for digital innovation and transformation.Summary There is an abundance of new technology available in the procurement space. So much so that procurement leaders might be asking, ‘How do...
Predictive Procurement Orchestration: Four Ways PPO Can Transform the Industry
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...
AI-Enhanced Pricing Optionality: Making Supply Chains More Predictable
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...
CFO Key Issues and Priorities
Summary Throughout this past year, organizations have faced economic uncertainty, with concerns over geopolitical tensions, high interest rates, and potential recession. The Hackett Group’s study highlights CFO and other executives’ worries about investment impacts...
How Predictive Procurement Orchestration is Revolutionizing Sourcing for Manufacturers as the Foundation for AI Transformation
There is a massive opportunity to obliterate and not just simply automate how things are done.Summary This analyst report from Spend Matters discusses the pressing need for procurement organizations to achieve optimal efficiency and effectiveness. It highlights that...
Procurement 2024: BIG Trends and Predictions
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...
Quick Answer: How to Prepare for AI in Procurement
AI technologies can optimize and accelerate your procurement activities necessary for digital innovation and transformation.Summary There is an abundance of new technology available in the procurement space. So much so that procurement leaders might be asking, ‘How do...
Predictive Procurement Orchestration: Four Ways PPO Can Transform the Industry
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...
AI-Enhanced Pricing Optionality: Making Supply Chains More Predictable
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...
Infographics
Understanding Tiered Automotive Suppliers (And How PPO Can Help)
Original Equipment Manufacturer (OEM)The name brands we know and love such as GM, Ford, Volkswagen, etc. Arkestro's Predictive Procurement Orchestration (PPO) can sort through the countless tiers of automotive suppliers to find the best prices and suppliers to get the...
The State of Procurement: Opportunities Lost
Many of today’s procurement departments struggle with precision and efficiency, leading them to fall short of their goals and potential. Because of this, many departments are experiencing diminishing returns and lost opportunities. Here are the four most common...
Reclaiming Opportunities with Predictive Procurement Orchestration
1. Expand Reach and Influence on SpendPPO can drive efficiency across procurement by identifying patterns that reduce the amount of time spent on tactical activities.2. Drive Smarter DecisionsPPO solutions can deliver information efficiently using machine learning and...
Untangling Manufacturing Procurement with Data Analytics in the “Next Normal”
Procurement can be a cumbersome process for contract manufacturing operations, which must procure on behalf of their customers to meet rapidly changing production requirements. Determining the total delivered costs for any given Bill of Materials can often be very...
Just the Facts: The Procurement Industry
The percentage of spend under management of the procurement department at the average enterprise.Nine in 10 CPO's stated they should be doing more with the resources they have in place today and their overall performance should be better.Ineffective and inefficient...
Defining Predictive Procurement Orchestration (PPO)
PPO is the latest evolution of digital procurement; it represents the true digital transformation of procurement as it leverages technology to do things that were previously impossible. But, how did we get here?The Digital Era1996 - 2010Procurement on the Web....
Understanding Tiered Automotive Suppliers (And How PPO Can Help)
Original Equipment Manufacturer (OEM)The name brands we know and love such as GM, Ford, Volkswagen, etc. Arkestro's Predictive Procurement Orchestration (PPO) can sort through the countless tiers of automotive suppliers to find the best prices and suppliers to get the...
The State of Procurement: Opportunities Lost
Many of today’s procurement departments struggle with precision and efficiency, leading them to fall short of their goals and potential. Because of this, many departments are experiencing diminishing returns and lost opportunities. Here are the four most common...
Reclaiming Opportunities with Predictive Procurement Orchestration
1. Expand Reach and Influence on SpendPPO can drive efficiency across procurement by identifying patterns that reduce the amount of time spent on tactical activities.2. Drive Smarter DecisionsPPO solutions can deliver information efficiently using machine learning and...
Untangling Manufacturing Procurement with Data Analytics in the “Next Normal”
Procurement can be a cumbersome process for contract manufacturing operations, which must procure on behalf of their customers to meet rapidly changing production requirements. Determining the total delivered costs for any given Bill of Materials can often be very...
Just the Facts: The Procurement Industry
The percentage of spend under management of the procurement department at the average enterprise.Nine in 10 CPO's stated they should be doing more with the resources they have in place today and their overall performance should be better.Ineffective and inefficient...
Defining Predictive Procurement Orchestration (PPO)
PPO is the latest evolution of digital procurement; it represents the true digital transformation of procurement as it leverages technology to do things that were previously impossible. But, how did we get here?The Digital Era1996 - 2010Procurement on the Web....
eBooks
From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity
The CPOs who handle the stress and the long hours of the job with grace and humility share one thing in common: they absolutely love what they do, and the harder it gets, the more they love it. Summary In this eBook, we provide a window into successful strategies and...
Unlocking the Power of Predictive Procurement Orchestration for Financial Success
From 100 to 1000: How High-Performing CPOs Use 100 Day Plans to Achieve Escape Velocity
The CPOs who handle the stress and the long hours of the job with grace and humility share one thing in common: they absolutely love what they do, and the harder it gets, the more they love it. Summary In this eBook, we provide a window into successful strategies and...
Unlocking the Power of Predictive Procurement Orchestration for Financial Success
Blog
Navigating the Future of Procurement: Harnessing AI and Automation for Strategic Success
A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead
Automotive procurement is rapidly changing. From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest...
Mastering Competitive Outcomes in Procurement: Insights and Strategies
Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions
If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight. Absent clairvoyant capabilities, however, automotive procurement...
How Arkestro is Changing the Game for High-Tech Manufacturing Procurement
Over the past few decades, globalization, economic shifts, and an aging infrastructure have all taken their toll on the manufacturing industry. But now a combination of new technologies and government policies are changing the game. In particular, high-tech...
Utilizing Predictive Procurement for 10-20% Cost Savings in the Auto Industry
Drew Sheffield, Principal Consultant, DS Group AdvisorsAutomakers and automotive suppliers have some of the most sophisticated procurement organizations in the world, working tirelessly to reduce prices for all categories of spend (direct materials, logistics, and...
Navigating the Future of Procurement: Harnessing AI and Automation for Strategic Success
A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead
Automotive procurement is rapidly changing. From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest...
Mastering Competitive Outcomes in Procurement: Insights and Strategies
Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions
If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight. Absent clairvoyant capabilities, however, automotive procurement...
How Arkestro is Changing the Game for High-Tech Manufacturing Procurement
Over the past few decades, globalization, economic shifts, and an aging infrastructure have all taken their toll on the manufacturing industry. But now a combination of new technologies and government policies are changing the game. In particular, high-tech...
Utilizing Predictive Procurement for 10-20% Cost Savings in the Auto Industry
Drew Sheffield, Principal Consultant, DS Group AdvisorsAutomakers and automotive suppliers have some of the most sophisticated procurement organizations in the world, working tirelessly to reduce prices for all categories of spend (direct materials, logistics, and...