It’s the most wonderful time of year! We are gathering with family and friends, celebrating over feasts and yummy treats, and best of all — we’re shopping. Black Friday is expected to be the busiest shopping day of the year in the U.S. In 2022, Black Friday and Cyber...
Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry
Nov 14, 2023 | Blog | Sourcing Education
Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 billion in sales-lift and remains second only to Christmas (which brought in over double that at $6.2 billion). Getting a...
5 Chilling Challenges Facing Procurement Today
Oct 29, 2023 | Blog | Sourcing Education
From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. While today’s procurement teams may not be plagued by actual ghosts, goblins, or ghouls, things can still go bump in the night when...
AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success
Oct 10, 2023 | Blog | Sourcing Education
The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend. Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas...
Elevating Procurement: Autonomous Technology’s Role in Efficiency and Innovation
Sep 29, 2023 | Blog | Sourcing Education
Data Science, machine learning, and automation technology are poised to disrupt nearly every industry over the next few decades, and the procurement space is no exception. By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate...
Autonomous Sourcing Leads to Better Procurement Outcomes
Sep 19, 2023 | Blog | Sourcing Education
The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. While certain industries continue to work around rising prices and supply disruptions, others are trying to take advantage of downward price...
The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain
Aug 22, 2023 | Blog | Sourcing Education
Food and beverage procurement professionals have had their work cut out for them during the last few years. From keeping food on the table during a global pandemic to maintaining adequate inventory during the war in Ukraine, the sector has become well versed in...
Leveraging Procurement Software for a More Resilient Oil & Gas Supply Chain
Aug 8, 2023 | Blog | Sourcing Education
Anyone who has filled up at the gas pump over the past few years can testify to the volatility of the oil and gas industry. And though the industry is no stranger to supply chain disruptions, the current landscape presents unique challenges. Economic downturns,...
Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive
Jul 6, 2023 | Blog | Sourcing Education
The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry. Plant shutdowns, production disruptions, supply shortages, and demand surges wreaked havoc on the automotive world in 2020. And unfortunately, many of those same...
Procurement: The True Hero of the Retail Holidays
Nov 16, 2023 | Blog | Sourcing Education
It’s the most wonderful time of year! We are gathering with family and friends, celebrating over feasts and yummy treats, and best of all — we’re shopping. Black Friday is expected to be the busiest shopping day of the year in the U.S. In 2022, Black Friday and Cyber...
Procuring Thanksgiving Dinner: What’s on the Table for the Food and Beverage Industry
Nov 14, 2023 | Blog | Sourcing Education
Thanksgiving is one of the most important holidays for the food and beverage industry in the U.S. Last year, the holiday brought in $2.8 billion in sales-lift and remains second only to Christmas (which brought in over double that at $6.2 billion). Getting a...
5 Chilling Challenges Facing Procurement Today
Oct 29, 2023 | Blog | Sourcing Education
From uncovering hidden supply chain specters to exorcizing bothersome data demons, procurement managers certainly have their hands full. While today’s procurement teams may not be plagued by actual ghosts, goblins, or ghouls, things can still go bump in the night when...
AI Revolution in Oil and Gas Procurement: Streamlining Operations for Success
Oct 10, 2023 | Blog | Sourcing Education
The COVID-19 pandemic forced countless industries to become more lean, agile, and innovative, and the oil and gas industry was no exception to the trend. Forever changed by global lockdowns, volatile consumer demands, and increasing pressure to go green, oil and gas...
Elevating Procurement: Autonomous Technology’s Role in Efficiency and Innovation
Sep 29, 2023 | Blog | Sourcing Education
Data Science, machine learning, and automation technology are poised to disrupt nearly every industry over the next few decades, and the procurement space is no exception. By 2026, the procurement analytics market is predicted to grow at a compound annual growth rate...
Autonomous Sourcing Leads to Better Procurement Outcomes
Sep 19, 2023 | Blog | Sourcing Education
The only ubiquitous thing about sourcing and procurement in 2023 is that there is no one-size-fits-all model for success. While certain industries continue to work around rising prices and supply disruptions, others are trying to take advantage of downward price...
The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain
Aug 22, 2023 | Blog | Sourcing Education
Food and beverage procurement professionals have had their work cut out for them during the last few years. From keeping food on the table during a global pandemic to maintaining adequate inventory during the war in Ukraine, the sector has become well versed in...
Leveraging Procurement Software for a More Resilient Oil & Gas Supply Chain
Aug 8, 2023 | Blog | Sourcing Education
Anyone who has filled up at the gas pump over the past few years can testify to the volatility of the oil and gas industry. And though the industry is no stranger to supply chain disruptions, the current landscape presents unique challenges. Economic downturns,...
Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive
Jul 6, 2023 | Blog | Sourcing Education
The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry. Plant shutdowns, production disruptions, supply shortages, and demand surges wreaked havoc on the automotive world in 2020. And unfortunately, many of those same...