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Blog
Top 5 Predictive Procurement Metrics
We don’t need to go into the myriad challenges that have disrupted procurement and sourcing over the past two years. Since the COVID-19 pandemic first began, the supply chain has been upended—although the ultimate cause of the disruption might not be what you think....
Arkestro Lands $26 Million in Series A Funding
Arkestro is the leading Predictive Procurement Orchestration platform, and now it’s about to undertake the next stage in its growth story. The company is pleased to announce that it has successfully landed Series A funding of $26 million. This round of funding was led...
Arkestro Named Value Leader in Spring 2022 Spend Matters SolutionMap
In June 2022, Spend Matters released the Spring SolutionMap procurement technology benchmarking rankings. This year’s cycle featured 69 leading vendors across ten different technology categories. Spend Matters’ analysts ranked Arkestro’s Predictive Procurement...
Why Predictive Procurement in Health and Pharma is the Future
Harvard Business Review has several articles that provide an excellent primer on the background of procurement in the health and pharma industries and the challenges they‘ve faced during the COVID-19 pandemic. The authors point to the need for procurement to play a...
How to Solve Supply Chain Disruptions — It’s Not What You Think
As 2019 wound down, who would have predicted that how to solve supply chain disruptions would become one of the top headlines? Especially throughout the next three years? Not just in trade publications, either. Supply chain disruption has become something that all of...
How to Use Predictive Procurement in Chemical Manufacturing
Predictive procurement is a must-have in chemical manufacturing. Why? Few industries are as massive and complex as the $5 trillion chemical manufacturing industry. Using a huge range of raw materials for production, companies in this industry supply chemicals to...