Procurement has been stuck in the past for far too long. Plagued by slow, manual processes that limit supplier engagement, the industry is full of inefficiencies that burden procurement leaders and leave money on the table. More than ever before, procurement leaders...
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...
Currency volatility in procurement is all about the frequent ups and downs of exchange rates between a company’s local currency and that of an international supplier. These fluctuations can have a significant impact on the final cost of purchased goods, meaning what...
Big changes are hitting global trade, and procurement teams must act quickly to stay ahead. President Trump’s new tariffs — 25% on imports from Canada and Mexico and 10% on imports from China — are meant to bolster domestic industries and address national security...
Markets thrive on transparency — it's the driving force that keeps them fair, competitive, and efficient. When information is open and accessible, everyone wins. Businesses make smarter moves. Consumers make confident choices. Ultimately, the entire system operates...
In today’s rapidly evolving procurement landscape, sustainability is no longer just a buzzword — it’s a business necessity. Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isn’t just about...
The upcoming year is bound to be pivotal for the procurement industry. AI and machine learning are expanding possibilities and increasing efficiency, with 65% of procurement leaders leveraging the technology to optimize processes. Procurement teams are moving from the...
In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation. While these advancements have...
By Matthew Mills, Solutions Consultant at ArkestroProcurement has long been at the forefront of organizational strategies, with the objective of managing spend efficiently and driving cost savings. Historically, the focus has been on optimizing portfolios of...
Procurement has been stuck in the past for far too long. Plagued by slow, manual processes that limit supplier engagement, the industry is full of inefficiencies that burden procurement leaders and leave money on the table. More than ever before, procurement leaders...
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...
Currency volatility in procurement is all about the frequent ups and downs of exchange rates between a company’s local currency and that of an international supplier. These fluctuations can have a significant impact on the final cost of purchased goods, meaning what...
Big changes are hitting global trade, and procurement teams must act quickly to stay ahead. President Trump’s new tariffs — 25% on imports from Canada and Mexico and 10% on imports from China — are meant to bolster domestic industries and address national security...
Markets thrive on transparency — it's the driving force that keeps them fair, competitive, and efficient. When information is open and accessible, everyone wins. Businesses make smarter moves. Consumers make confident choices. Ultimately, the entire system operates...
In today’s rapidly evolving procurement landscape, sustainability is no longer just a buzzword — it’s a business necessity. Organizations across the globe are rethinking their procurement practices and policies, recognizing that ethical procurement isn’t just about...
The upcoming year is bound to be pivotal for the procurement industry. AI and machine learning are expanding possibilities and increasing efficiency, with 65% of procurement leaders leveraging the technology to optimize processes. Procurement teams are moving from the...
In recent years, the procurement industry has undergone unprecedented transformations driven by the adoption of digital transformation, big data, and advanced technology like artificial intelligence (AI), machine learning, and automation. While these advancements have...
By Matthew Mills, Solutions Consultant at ArkestroProcurement has long been at the forefront of organizational strategies, with the objective of managing spend efficiently and driving cost savings. Historically, the focus has been on optimizing portfolios of...