Resources
Welcome to our Resource Library where you can find useful and insightful content around Predictive Procurement Orchestration, the next evolution in Spend Management. Explore each category below!
Supporting Procurement During a Recession: How You Can Prepare Your Team
Reading the news, it’s hard not to feel anxious about what seems like an impending recession from the daily headlines. In fact, “69% of Americans are worried about a possible recession by the end of 2023” (Bankrate). However, economists are reeling as unemployment is...
Is procurement ready for the recession?
Chief Wonder OfficerFounder & Chief Strategy OfficerCEO & PresidentWatch the webinar In this webinar with SIG, we discussed how to reduce the human risk associated with the loss of your procurement employees in your organization and how embedded technology can help...
Streamline Automotive Purchasing Processes with AI
Automotive purchasing has been a hot topic in recent years. With the pandemic, global economy, and inflation shaking up the industry, reliable suppliers have become a major issue for companies involved in heavy industry procurement. Luckily, Artificial Intelligence...
Procurement in the Chemical Industry: The Future Is Predictive
Few industries are as massive and complex as the nearly $5 trillion chemical manufacturing industry. Globally, it plays a vital role in the economy, employing around 20 million people. Chemical manufacturers turn an array of raw materials—gas, minerals, metals, and...
4 Predictions on Procurement’s Top Trends in 2023
A new year offers an opportunity to reflect on the past, learn from it, and prepare for the future. Of course, old problems don’t suddenly disappear because one year ends and a new one begins. But hopefully, we can incorporate what we’ve learned into our day-to-day,...
Predictive Procurement: Overcoming Challenges in Health and Pharma
Procurement professionals of all types face a challenging and dynamic work environment. But those in the health and pharmaceutical industries deal with particularly demanding circumstances. The pandemic and resulting supply chain disruptions have added extreme...
How Predictive Procurement Solves Challenges in the Food and Beverage Industry
Food and beverage producers have undergone sweeping changes over the past several decades. Technology innovations have been massive, changing how food is grown, processed, and purchased. There have also been widespread and dramatic changes in how companies work with...
6 Steps to Become Your Customer’s Supplier of Choice
There is no debate regarding how critical the supplier-client relationship is within the procurement industry. And while much has been written about how procurement can improve relationships with suppliers—especially with the current supplier-centric economy—far less...
Procurement’s future is embedded platforms: Introduction to predictive procurement orchestration
How are embedded platforms changing the landscape of procurement? The Spend Matters’ analyst team released a white paper on the new market category of predictive procurement orchestration (PPO), and how the use of behavioral science, game theory and machine learning...