Historically, technological advancements have powered the major evolutions in manufacturing, starting with the steam-powered industrial revolution of the late 18th century, followed in the early 20th century by electricity-powered mass production, and then the advent...
Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing
Nov 26, 2024 | Blog | Industry Specific
The high-tech manufacturing industry — and the market at large — has seen its share of challenges over the past few years. Technology equity investments fell 30-40% in 2023 alone, largely due to increased costs and economic uncertainty. Elevated costs, talent...
A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead
Oct 3, 2024 | Blog | Industry Specific
Automotive procurement is rapidly changing. From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest...
Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions
Sep 5, 2024 | Blog | Industry Specific
If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight. Absent clairvoyant capabilities, however, automotive procurement...
How Arkestro is Changing the Game for High-Tech Manufacturing Procurement
Aug 29, 2024 | Blog | Industry Specific
Over the past few decades, globalization, economic shifts, and an aging infrastructure have all taken their toll on the manufacturing industry. But now a combination of new technologies and government policies are changing the game. In particular, high-tech...
Utilizing Predictive Procurement for 10-20% Cost Savings in the Auto Industry
Aug 22, 2024 | Blog | Industry Specific
Drew Sheffield, Principal Consultant, DS Group AdvisorsAutomakers and automotive suppliers have some of the most sophisticated procurement organizations in the world, working tirelessly to reduce prices for all categories of spend (direct materials, logistics, and...
How the Energy Transition is Shaping the Oil and Gas Landscape
Aug 8, 2024 | Blog | Industry Specific
As the last few years of volatility have shown, the oil and gas supply chain is complex. Adding in renewables and considering the energy transition adds yet another complicated layer to the mix, especially for procurement teams. However, the energy transition is a...
5 Ways Predictive Procurement Is Transforming High-Tech Manufacturing
Dec 5, 2024 | Blog | Industry Specific
Historically, technological advancements have powered the major evolutions in manufacturing, starting with the steam-powered industrial revolution of the late 18th century, followed in the early 20th century by electricity-powered mass production, and then the advent...
Technology Trends 2024: McKinsey’s Analysis & What It Means for High-Tech Manufacturing
Nov 26, 2024 | Blog | Industry Specific
The high-tech manufacturing industry — and the market at large — has seen its share of challenges over the past few years. Technology equity investments fell 30-40% in 2023 alone, largely due to increased costs and economic uncertainty. Elevated costs, talent...
A Masterclass on Automotive Procurement: Trends, Tips, and Tactics to Get Ahead
Oct 3, 2024 | Blog | Industry Specific
Automotive procurement is rapidly changing. From an increasing regulatory landscape to new automotive innovations, it’s never been more important for procurement professionals to find new ways to reduce costs, eliminate inefficiencies, and stay updated on the latest...
Automotive Procurement Masterclass: An Expert Perspective on Current Challenges and Future Solutions
Sep 5, 2024 | Blog | Industry Specific
If automotive procurement teams could predict when bridges would collapse, inflation would increase, or geopolitical tensions would resolve, they might resolve supply chain and cost challenges overnight. Absent clairvoyant capabilities, however, automotive procurement...
How Arkestro is Changing the Game for High-Tech Manufacturing Procurement
Aug 29, 2024 | Blog | Industry Specific
Over the past few decades, globalization, economic shifts, and an aging infrastructure have all taken their toll on the manufacturing industry. But now a combination of new technologies and government policies are changing the game. In particular, high-tech...
Utilizing Predictive Procurement for 10-20% Cost Savings in the Auto Industry
Aug 22, 2024 | Blog | Industry Specific
Drew Sheffield, Principal Consultant, DS Group AdvisorsAutomakers and automotive suppliers have some of the most sophisticated procurement organizations in the world, working tirelessly to reduce prices for all categories of spend (direct materials, logistics, and...
How the Energy Transition is Shaping the Oil and Gas Landscape
Aug 8, 2024 | Blog | Industry Specific
As the last few years of volatility have shown, the oil and gas supply chain is complex. Adding in renewables and considering the energy transition adds yet another complicated layer to the mix, especially for procurement teams. However, the energy transition is a...