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Blog
7 Food and Beverage Supply Chain Challenges in 2020
In the old days, food manufacturers didn’t sweat the issue of finding food suppliers. They looked local and went with the lowest prices. Often, they would build a processing factory right near the fields where they sourced their raw ingredients. Canning and bottling...
How Strategic Sourcing Reduces Spend in the Food and Beverage Industry
The food and beverage industry is a massive one, especially in North America. According to the United States Department of Agriculture (USDA), in 2019, U.S. consumers, businesses, and government agencies spent $1.77 trillion on food and beverages in grocery stores and...
How to Select the Right Strategic Sourcing Software For Your Needs
You’re a procurement professional. The company or organization you work for has tasked you to choose a strategic sourcing software that supports this new way of doing things. First of all, congratulations! The shift from reactionary sourcing to strategic sourcing is a...
Have You Made Your Material Sourcing Plan?
Many companies are content with employing a reactive sourcing strategy. When material sourcing, their procurement team responds to requirements from the business side of the operation as they arise. That’s fine—sourcing professionals have the expertise to deal with...
3 Ways Arkestro Removes Strategic Sourcing and Procurement Stress
It doesn’t matter what kind of business or organization you work for; if you’re part of the sourcing process, you’re working under pressure. Strategic sourcing stress is caused by day-to-day occurrences and manual process. Let’s leave strategic pressure aside for the...
How You Can Sell Value Using Arkestro
The business landscape continues to evolve at an increasingly rapid pace each and every year. As a supplier, you’re tasked with keeping up with this pace of change and responding to bid opportunities, inbound inquiries, and hitting your quarterly targets. This means...