Summary
This analyst report from Spend Matters discusses the pressing need for procurement organizations to achieve optimal efficiency and effectiveness. It highlights that although procurement teams have faced growing volumes of activities, their headcounts have largely remained static.
This imbalance has been exacerbated by recent global events impacting supply chains, which have underscored the importance of procurement and supply chain management. However, despite this recognition, many organizations have not expanded their procurement teams accordingly.
The result is that procurement professionals have struggled to move beyond transactional tasks to more strategic activities. The answer is Predictive Procurement Orchestration (PPO).
Key Takeaways
- Learn why traditional procurement approaches are no longer efficient
- The definition and evolution of Predictive Procurement Orchestration (PPO)
- Read the use cases and success stories of customers who have switched from reactive to predictive procurement
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IN THE NEWS
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An Interview With Industry Leader John P. “Jack” Miles About the Current State of Procurement in Financial Services: Part Two
In part one of our wide-ranging interview with procurement and business expert, Jack Miles, we discussed the many challenges facing today’s procurement leaders in Financial Services firms, the part procurement stakeholders play in addressing those challenges, and how...
An Interview With Industry Leader John P. “Jack” Miles About the Current State of Procurement in Financial Services: Part Two
In part one of our wide-ranging interview with procurement and business expert, Jack Miles, we discussed the many challenges facing today’s procurement leaders in Financial Services firms, the part procurement stakeholders play in addressing those challenges, and how...
WEBINAR
Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations
May 1, 202510-11 AM PSTOverview In today’s volatile economy, procurement teams face rising tariffs, fluctuating costs, and supply chain uncertainties. The solution? A proactive, AI-driven approach to supplier negotiations that unlocks trapped savings, delivers value...
Predictive Procurement as a Scaling Strategy: Case Studies from Successful Enterprise Transformations
May 1, 202510-11 AM PSTOverview In today’s volatile economy, procurement teams face rising tariffs, fluctuating costs, and supply chain uncertainties. The solution? A proactive, AI-driven approach to supplier negotiations that unlocks trapped savings, delivers value...