The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization. In fact, they believe the potential of procurement data is so big, it could completely revolutionize the way...
Welcome to the 2020’s, the same decade that George Jetson from the cartoon “The Jetsons” was born. While we are still far off from a future with flying cars and home robots, many of the technologies predicted in the show – think flat screen televisions, video calls,...
Digital transformation has become an important topic for most procurement teams today. As I advise procurement leaders on how to approach digital initiatives I find myself looking back on experiences from high school and college where I was lucky enough to participate...
To understand long-term transformations in supply chain and procurement technology, supply chain professionals must be able to understand present trends so they can help shape future realities. Experts believe the following predictions are viable hypotheses that we...
People who make forecasts about AI assume that because AI is a virtual machine (albeit an adaptive one), that it will be good at things we’ve come to know machines are good at and bad at everything else. Strangely, the past few years have disproved this – AI seems...
Contributor Post from Christian Ries For years, supply chains have relied on manual data entries from spreadsheets to assess spend and opportunity. At the same time, large companies with several supply chains combined their sourcing efforts in order to compile enough...
Contributor Post from Edmund Zagorin In building and scaling Arkestro, our team has worked hard to create an intentional culture where people are able to set individual and team goals that align with business metrics. We aim to build a company where anyone with vision...
Being in the AI procurement software business means that our team gets an inside view into how business leaders across the industry are thinking about implementing AI in their enterprise. Across the board, we see people caught between curiosity about what’s possible...
Contribution Post from Edmund ZagorinCEO & Founder Negotiation is fundamentally a human act, between one or more humans. When two servers “talk to each other” to determine the optimal load-balance, we probably would not say that they are “negotiating”. However,...