Analyst Reports
Procurement Leaders Intense Focus on Data Quality
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...
Championing Procurement Transformation in the C-Suite
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....
Infographics
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eBooks
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Blog
The Three Sciences: Redefining Procurement With AI, Game Theory, and Predictive Analytics
Procurement has been stuck in the past for far too long. Plagued by slow, manual processes that limit supplier engagement, the industry is full of inefficiencies that burden procurement leaders and leave money on the table. More than ever before, procurement leaders...
Why Predictive Procurement is the Next Frontier in Cost Savings
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...
A Guide to Preparing for and Navigating the Impacts of New Tariffs
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...
How Oil & Gas Leaders Are Transforming Procurement With AI
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...
Tackling and Realizing Currency Volatility Opportunities: A Science-Driven Approach to Procurement Advantage
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...
Trump’s Tariffs Are Here — What Procurement Leaders Need to Know
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...