Arkestro

JANUARY 9, 2024

Resources / Blog / 4 Key Trends Reshaping Manufacturing Procurement in 2024 4 Key Trends Reshaping Manufacturing Procurement in 2024 The dust is settling after the upheaval of the pandemic, yet the manufacturing industry remains forever changed. So what’s in store for 2024? Sustainable bidding. Sustainable packaging.

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Procurement Insights

DECEMBER 6, 2024

ProPurchaser ** ProPurchaser** operates in the procurement intelligence and cost management sector, providing tools and data to assist supply chain professionals in negotiations. Dairy.com**: Offers technology services and intelligence platforms tailored to the dairy industry, focusing on supply chain optimization.

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Pipefy

JANUARY 30, 2024

In the 2024 State of Procurement Data Report by Amazon Business, 95% of decision-makers surveyed acknowledge that there’s room for procurement optimization. Teams will need to rely on greater investments in the right tools and technology to make these optimizations, from no-code automation to AI and data analytics.

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Jaggaer

OCTOBER 3, 2024

It starts with spend analysis to provide a detailed cost breakdown, providing the information for competitive tendering via auctions using our Sourcing and Advanced Sourcing Optimizer modules, and aggregating spend where it makes sense for better leverage in negotiations. First, organizations need to get full supply chain visibility.

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Spend Matters

JANUARY 5, 2024

Spend Analytics AnyData Solutions is used for spend analytics, contract management, supplier relationship management and ESG/performance tracking. It makes the invisible visible through discovery and continuously monitors key issues to supply chain risk. Read part 1 here , part 2 here and part 3 here.

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Una

APRIL 18, 2023

Economists have issued warnings ranging from a “ soft landing” with low growth to a prolonged “ deep recession” that will stretch well into 2024. This will only make matters worse, as a supplier bankruptcy will disrupt your supply chain. Are we heading for a recession in 2023?

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TYA Suite

JULY 17, 2024

This blog explores the integration of both approaches to build an effective procurement strategy for 2024. A procurement strategy is a comprehensive plan designed to streamline and manage the process of acquiring goods and services an organization needs to operate efficiently. to meet the unique needs of each category.

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Arkestro

MARCH 27, 2024

But in 2024, the role has never been more important. After years of focusing on cost reduction, the majority of procurement leaders say they plan to spend more and increase workloads in 2024, meaning procurement buyers will have more power to influence change and optimize spend across the entire supply chain.

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Una

MAY 22, 2024

By Hugo Britt | May 23, 2024 Search Search Would you be able to generate more output in your procurement team if you were forced to work with less? One key area is supplier management, where automation can facilitate the entire supplier lifecycle, from initial onboarding to performance evaluation and contract management.

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Una

MAY 7, 2024

By Hugo Britt | May 7, 2024 Search Search If you, as a consumer, have ever exclaimed, “ How can they charge that much when it probably only cost them ($X) to make??,” then you have performed a very basic version of should-cost analysis. What is Should-Cost Analysis in Procurement? Ready to give it a try?

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Pipefy

JANUARY 9, 2024

Smart procurement is the use of advanced technology, such as AI, automation , and RPA to optimize procurement processes and relieve professionals from monotonous tasks in order to achieve greater efficiency. This also leads to more efficient and strategic procurement.

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Pipefy

NOVEMBER 24, 2023

According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization. In fact, 98% have plans for investments or upgrades in analytics and insights tools, automation, and AI-driven optimization of purchasing decisions. This requires continuous process improvement.

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Spend Matters

FEBRUARY 12, 2025

Tariffs and the disruption they pose to international trade forces Procurement professionals, the frontline managers of supply chains, to develop strategies that will mitigate cost increases while ensuring the flow of materials and services remain efficient and resilient. CLM) IDAS , made by M.

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Procurement Insights

JANUARY 8, 2025

Between 1999, when I developed the industry’s first agent-based self-learning algorithm platform within a nascent AI framework to support the Department of National Defence’s IT infrastructure, and 2024, the technology-driven equation-based development and implementation model continued to dominate the industry.

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