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Blog
The Future of Procurement: Predictive Procurement as a Key Driver in the Automotive Industry
By Dr. Charlotte de BrabandtProcurement in the automotive industry is undergoing a revolutionary transformation. As supply chains become increasingly volatile, the need for proactive, data-driven solutions has never been more critical. Arkestro's Predictive...
Cars on Demand: Production to Order is Changing the Automotive Industry’s Supply Chain
The automotive industry has always been at the forefront of implementing innovative production methods to meet consumer demands efficiently. One such strategy that is revolutionizing the industry is the shift towards production to order. This approach allows...
Want Better Procurement Outcomes? Apply Game Theory
Even if you’ve never heard of game theory, if you’ve played a board game that requires strategic thinking, trades, or payoffs, you’ve undoubtedly used it before. For example, in chess, you’ve most likely sacrificed lesser valuable pieces like pawns in exchange for...
Debunking 5 Common Myths About Predictive Procurement Orchestration
Just in Time Supply Chain Management: Lessons from the Automotive Industry
Understanding the Just in Time (JIT) Supply Chain Strategy In today's fast-paced business environment, companies are constantly seeking ways to streamline their operations, reduce costs, and enhance efficiency. One method that has gained popularity in recent years is...
Oil and Gas Supply Chain Procurement Innovation at Scale with Arkestro
For the oil and gas industry, the last few years have been anything but easy. Although the market has largely rebounded from the COVID crisis and all that went along with it, the industry remains in flux with a decrease in demand due to a number of factors such as...