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Blog
The Predictive Procurement Payoff: Transitioning From Traditional to Predictive for Scalable Growth
For years, procurement teams have struggled with a fundamental challenge: too much spend and too little time. According to a report from the Hackett Group, improving spend cost reduction was the top priority for CPOs in 2024. At the same time, a dramatic talent...
How Procurement Teams Can 3X Their Influence Without Adding Resources
Nearly 80% of procurement professionals say they’re under pressure to streamline processes, reduce errors, and deliver results faster — all without extra resources. Traditional procurement processes only add to the strain, holding teams back with slow, reactive...
The Three Sciences: Redefining Procurement With AI, Game Theory, and Predictive Analytics
Executive Summary Problem: Traditional procurement is slow, manual, and reactive — draining resources and missing opportunities. Solution: Arkestro’s predictive procurement methodology unites Negotiation Science, Supplier Science, and Process Science into one...
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...