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Blog

AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success
The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend. Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas...

Elevating Procurement: Autonomous Technology’s Role in Efficiency and Innovation
Data Science, machine learning, and automation technology are poised to disrupt nearly every industry over the next few decades, and the procurement space is no exception. By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate...

Autonomous Sourcing Leads to Better Procurement Outcomes
The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. While certain industries continue to work around rising prices and supply disruptions, others are trying to take advantage of downward price...

The Road Ahead: Navigating Procurement Challenges with an Automotive Industry Expert
For automotive procurement teams, navigating the complex landscape of procuring components for vehicles is no easy feat. With an ever-changing industry requiring staying up to date with technology developments, current trends, and new regulations, it can be difficult...

A Look Inside: Arkestro’s Productivity Boosting Employee Offsite
Working from home has many upsides. It eliminates a lot of the traditional aspects of going to work in an office, like commuting and dressing in business attire. It can provide more independence, in many cases increase productivity, and allow us to have more...

Leveraging Procurement Software for a More Resilient Oil & Gas Supply Chain
Anyone who has filled up at the gas pump over the past few years can testify to the volatility of the oil and gas industry. And though the industry is no stranger to supply chain disruptions, the current landscape presents unique challenges. Economic downturns,...