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Blog
From Reactive to Proactive: How Predictive Procurement Reshapes the Industry
The procurement workload is expected to increase by 10.6% in 2023, even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. The result? An industry productivity gap of 7.4% and an efficiency gap of 7.8%,...
How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days
What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training? What if, by applying predictive procurement orchestration, you could completely shift procurement’s role in your organization...
What does a Procurement Manager do? Job Description, Skills, and Qualifications
As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030. Procurement managers...
4 Key Trends Reshaping Manufacturing Procurement in 2024
The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor...
Spend Matters: How You Can Transform Procurement into a Strategic Superpower in 2024
Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023
The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts. It’s a time that can be both exciting and stressful for retailers, especially when many procurement teams face supply...
From Reactive to Proactive: How Predictive Procurement Reshapes the Industry
The procurement workload is expected to increase by 10.6% in 2023, even as organizations continue to grapple with talent shortages, budget cuts, supply chain issues, and global inflation. The result? An industry productivity gap of 7.4% and an efficiency gap of 7.8%,...
How Predictive Procurement Orchestration Helps Unlock Savings in 60 Days
What if you could implement a procurement platform that was so easy to use, your team could be up and running after just one hour of training? What if, by applying predictive procurement orchestration, you could completely shift procurement’s role in your organization...
What does a Procurement Manager do? Job Description, Skills, and Qualifications
As firms continue to leverage technology to carry out sourcing and procurement tasks, market demand for procurement is growing. The global procurement market was valued at $6.15 billion in 2022, and it’s expected to grow 11.1% from 2023 to 2030. Procurement managers...
4 Key Trends Reshaping Manufacturing Procurement in 2024
The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor...
Spend Matters: How You Can Transform Procurement into a Strategic Superpower in 2024
Unwrapping Holiday Shopping Insights: Trends, Tactics, and Tips for Procurement in 2023
The holidays are here, meaning people all around the globe are attending festive parties, baking tasty treats, and — of course — shopping for gifts. It’s a time that can be both exciting and stressful for retailers, especially when many procurement teams face supply...