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Blog
Don’t Leave Money on the Table: Learn How To Achieve Competitive Outcomes With Single-Source Suppliers
Today’s procurement teams are trapped in a vicious cycle. Their workloads are on the rise, yet team sizes are static. In 2024 alone, procurement workloads are expected to increase by 8%, creating a productivity gap of 6.6% and an efficiency gap of 6.4%. On top of...
Mastering Competitive Outcomes in Procurement: Insights and Strategies
De-Risking Procurement Transformation with Arkestro
Digital transformation stands as one of the top two priorities for procurement teams in 2024, promising increased efficiency and reduced spend even as companies continue to sweat budgets and cost control. This trend demonstrates how important procurement...
A Guide to Predictive Procurement & Autonomous Sourcing
Procurement teams today often find themselves caught in reactive cycles instead of forward-thinking strategically. Perpetually under-resourced and overwhelmed, one of the best ways procurement can break the cycle is by applying digitalization to tasks like sourcing...
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...