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? Reduce complexity. Sustainable bidding.

supply chain budgeting 52

supply chain budgeting Supply chain resilience Supply Chain Optimization Procurement 52

Arkestro

AUGUST 22, 2023

Resources / Blog / The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain The Power of Predictive Procurement Orchestration for Food & Beverage Supply Chain Food and beverage procurement professionals have had their work cut out for them during the last few years.

Food and Beverage Supply Chain 52

Food and Beverage Supply Chain supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

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. A recession means businesses of every size are staring into the abyss of reduced revenue, weakened profitability, and strangled cash flow.

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Risk Procurement supply chain budgeting Supply Chain Optimization 98

Finale Inventory

JULY 17, 2024

As we look forward to 2024, it’s important to stay updated on the latest trends and options available in the market. This article covers the top 10 manufacturing ERP software options for 2024, focusing on their features, comparisons, and how to select the right software for your business.

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supply chain software solutions Supply Chain Optimization supply chain budgeting Real-time Visibility 52

Spend Matters

DECEMBER 28, 2023

As generative AI and other disruptive technologies continue to accelerate in 2024, embracing digital transformation in the procurement space will be imperative for success. Inflation, a complex and constrained supply chain, and threats of recession all impacted how procurement processes played out externally.

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Procurement Procurement team Supply Chain Efficiency supply chain budgeting 64

Arkestro

OCTOBER 3, 2024

Press Releases / Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Arkestro Predictive Procurement Orchestration AI platform is one of 93 procurement technology vendors recognized.

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Sourcing supply chain budgeting Supply Chain Optimization Ethics 52

Arkestro

OCTOBER 3, 2024

Press Releases / Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Spend Matters Lists Arkestro as Top Sourcing Tech Solution in the Fall 2024 SolutionMap Insider Release Arkestro Predictive Procurement Orchestration AI platform is one of 93 procurement technology vendors recognized.

Sourcing 52

Sourcing supply chain budgeting Supply Chain Optimization Ethics 52

Finale Inventory

JULY 16, 2024

Effective management of your inventory can lead to increased efficiency, reduced costs, and improved customer satisfaction. This article will cover 17 effective strategies for inventory management in 2024 that are specifically tailored to the needs of ecommerce businesses.

Inventory 52

Inventory Strategy Management Real-time Visibility 52

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.

Agile and Lean Supply Chain 52

Agile and Lean Supply Chain Procurement Real-time Visibility Supply Chain Efficiency 52

Let's Talk Supply Chain

FEBRUARY 26, 2024

 Today I’m joined by award-winning supply chain brand OneRail. Today Peter Cyr, Senior Vice President of Logistics Optimization and Procurement at OneRail, joins me to talk all about the final mile. I started out before logistics and supply chain became cool!” 22.57] The future for OneRail.

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Real-time Visibility supply chain software solutions Supply Chain Optimization supply chain budgeting 59

Arkestro

DECEMBER 3, 2024

SAN FRANCISCO, CA, December 3, 2024 – Arkestro is excited to announce its partnership with the Infor Marketplace , a powerful collaboration designed to enable AI-driven procurement, sourcing, purchasing, and supply chain management transformation for enterprise manufacturing teams worldwide.

Influencing 52

Influencing supply chain budgeting Supply Chain Optimization Procurement team 52

Spend Matters

OCTOBER 1, 2024

This content does not express the views or opinions of Spend Matters Given the persistent economic uncertainty and inflation-induced price increases, reducing purchasing costs remains a priority for most procurement stakeholders in 2024, followed by ensuring supply continuity and combating rising prices.

Purchase orders 86

Purchase orders supply chain software solutions Management Supply Chain Efficiency 86

Spend Matters

NOVEMBER 2, 2023

As they stated: “SAP will also embed Joule, its new generative AI copilot, throughout its cloud enterprise portfolio, with availability in SAP spend management solutions planned for 2024. SAP is also developing additional use cases in collaboration with customers with availability planned for the first half of 2024.”

Networking 91

Networking Spend management Suppliers Supply Chain Optimization 91

Arkestro

MARCH 27, 2024

Resources / Blog / Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Unleashing the Power of Procurement Buyers: Delving into this Impactful Role Buyers have always played an important role in the procurement industry, helping organizations obtain goods and maintain a careful balance of speed, cost-efficiency, and quality.

Buyers 52

Buyers supply chain budgeting Supply Chain Efficiency Procurement 52

Finale Inventory

FEBRUARY 27, 2024

Without knowing current locations, item types available, end dates, and other critical product information, you miss out on opportunities to streamline and optimize your warehouse and fulfillment processes. External factors such as inflation or supply chain delays aren’t the only reason you need a flexible outlook.

Inventory 52

Inventory Management Real-time Visibility e2e 52

Arkestro

NOVEMBER 5, 2024

The Hackett Group’s 2024 Key Issues Study found that financial teams’ workloads are expected to increase 5% this year while headcount and budget slightly decrease, leaving a productivity gap of 6% for CFOs to find a way to make up. What does this mean? CFOs and their teams are expected to do more with less.

Procurement 52

Procurement supply chain budgeting Supply Chain Optimization Supply Chain Efficiency 52

Spend Matters

JANUARY 5, 2024

Tradeshift has remained at the forefront of e-invoicing, funding and supply chain solutions, offering businesses the tools they need to streamline their operations and enhance their supplier relationships in an ever-evolving business landscape. Read part 1 here , part 2 here and part 3 here.

e2e 81

e2e Procurement supply chain software solutions Contract 81

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.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain software solutions supply chain budgeting Supply Chain Optimization 52

Let's Talk Supply Chain

SEPTEMBER 16, 2024

With big-name members including Maersk, Hapag-Lloyd, and Evergreen, they’re on a mission to lead the container shipping industry towards systematic collaboration – and they have the expertise and budgets needed to drive change. Moller – Maersk, focusing on technology, process optimization, and organizational change.

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Collaboration Supply Chain Optimization 52

IBM Supply Chain Blog

APRIL 25, 2024

BPR examples are not one-time projects, but rather examples of a continuous journey of innovation and change focused on optimizing end-to-end processes and eliminating redundancies. The purpose of BPR is to streamline workflows , eliminate unnecessary steps and improve resource utilization.

Supply Chain Efficiency 57

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting supply chain software solutions 57

Arkestro

NOVEMBER 14, 2023

Getting a Thanksgiving dinner from farm to table is an intricately complex affair for food and beverage procurement teams, with supply chain shortages, inflation, and rising food costs affecting consumer decisions all playing a part. Supply chain, logistics, and supply all dictate how the market price shapes up.

supply chain budgeting 52

supply chain budgeting Food and Beverage Supply Chain Supply Chain Optimization Supply Chain Efficiency 52

Spend Matters

FEBRUARY 13, 2024

Conversational AI is re-emerging as a crucial tool for organizations seeking innovative methods to save costs and boost productivity. As we delve into 2024, the integration of conversational AI into procurement processes is becoming increasingly essential.” Continuously optimize the system based on the feedback.

Supply Chain Efficiency 87

Supply Chain Efficiency supply chain software solutions Procurement Supply Chain Optimization 87

TYA Suite

JULY 17, 2024

This blog explores the integration of both approaches to build an effective procurement strategy for 2024. Utilizes data analytics and market intelligence to optimize category performance and mitigate risks. Incorporates digital procurement strategies to track and report sustainability metrics across the supply chain.

Procurement strategies 40

Procurement strategies Strategy Supply Chain Efficiency Procurement 40

TYA Suite

NOVEMBER 15, 2024

In 2024, blockchain technology is expected to transform various industries, and procurement is no exception. This insightful guide explores how blockchain is impacting , contributing to transparency, security, and efficiency across supply chains. First, it allows companies to identify bottlenecks within the supply chain quickly.

Supply Chain Efficiency 40

Supply Chain Efficiency Procurement Real-time Visibility Supply Chain Optimization 40

SCMDOJO

APRIL 15, 2024

Additionally, Amazon’s logistics services include transportation and warehousing solutions, allowing businesses of all sizes to leverage Amazon’s expertise and resources in streamlining their supply chain and improving their delivery capabilities. Billion US Dollars), followed by Europe and potentially Asia.

Logistics 95

Logistics Supply Chain Efficiency Networking Supply Chain Optimization 95

Supply Chain Game Changer

NOVEMBER 23, 2018

Growing global complexity in supply chain management has forced organizations to look towards technology as their silver bullet; serving as the missing link between people (supply chain actors) and the ability to collaborate at scale. Check out What Exactly is Blockchain? And How Does it Work? Infographic).

Supply Chain Efficiency 50

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 50

IBM Supply Chain Blog

APRIL 18, 2024

While leaders have some reservations about the benefits of current AI, organizations are actively investing in gen AI deployment, significantly increasing budgets, expanding use cases, and transitioning projects from experimentation to production. 46% of survey respondents in 2024 showed a preference for open source models.

Data 89

Data Supply Chain Efficiency supply chain budgeting Supply Chain Optimization 89

Una

APRIL 9, 2024

By Mackenzie Oakley | April 9, 2024 Search Search Back in 2020, I refinanced my mortgage. It might not seem like much but at the time, that meant more wiggle room in our household budget as a young family. looking for innovative ways to reduce costs for your business. But what could you do with an extra 12.5% in savings

Purchasing 52

Purchasing supply chain budgeting Real-time Visibility Supply Chain Optimization 52

IBM Supply Chain Blog

FEBRUARY 6, 2024

Cash as a physical commodity is a costly means of payment, given the security issues, risks and handling costs to every stakeholder in the value chain handling the cash. Increasing the use of cash does not reduce cost or friction in the economy. in 2023-2024. The reasoning for the D.C. Real GDP growth was 6.9%

Networking 86

Networking Quality Collaboration Price 86

IBM Supply Chain Blog

APRIL 25, 2024

This reality means that every brand in every industry with every business model needs to optimize the commerce experience, and thus the customer experience , to drive conversion rates and revenues. And, in of 2024, brand awareness means little without trust.

Strategy 82

Strategy Ethics Purchasing Data 82

Let's Talk Supply Chain

APRIL 29, 2024

But it appears, coming into 2024, that things may be stabilizing.” “The But drivers are leveraging it to do more business… Drivers are doing everything they can to find more opportunities, access better lanes… but it’s tough out there, there’s a lot of supply, a lot of capacity, and not enough loads to go around.”

Supply Chain Efficiency 52

Supply Chain Efficiency supply chain budgeting Sustainability Networking 52

IBM Supply Chain Blog

FEBRUARY 19, 2024

Cost optimization can be achieved through a combination of productivity enhancements, infrastructure savings and reductions in operating expenses. from 2024 to 2032. Therefore, adopting a holistic approach that prioritizes data-driven business transformation helps optimize value extraction. Improved user experience.

Data 63

Data Cost optimization Sourcing Risk 63

IBM Supply Chain Blog

JUNE 11, 2024

Further to the acquisition, Broadcom decided to discontinue (link resides outside ibm.com) its AWS authorization to resell VMware Cloud on AWS as of 30 April 2024. Clients are likely to start evaluating alternatives for VMware, both from cost and functionality perspective for their current IT landscape.

e2e 66

e2e Cost optimization Innovation Real-time Visibility 66

IBM Supply Chain Blog

NOVEMBER 8, 2023

TL2 — building on Power10’s high availability leadership with performance and scale enhancements to Live Kernel Update (designed to give the ability to update AIX without unplanned downtime), optimized file system performance and enhancements designed to improve AIX encryption performance and audit event checking.

Leadership 93

Leadership Data Cost of ownership Strategy 93

Pipefy

NOVEMBER 24, 2023

Many organizations have implemented software automation tools that allow them to get more done at a lower cost, but procurement is one area that has lagged behind in this trend. According to Amazon’s 2024 State of Procurement report, 95% of decision makers believe that procurement has room for optimization.

Procurement 52

Procurement Real-time Visibility Supply Chain Efficiency e2e 52

SCMDOJO

JULY 7, 2023

However, this initial success was soon overshadowed by a series of setbacks and challenges that Rivian had to navigate through mainly related to supply chain and production. The production setbacks experienced by Rivian had a direct impact on its reputation and supply chain.

Supply Chain Efficiency 105

Supply Chain Efficiency Supply Chain Optimization supply chain budgeting Agile and Lean Supply Chain 105

Let's Talk Supply Chain

APRIL 18, 2024

2024 is flying—Q2 is here. The continuing conflict in Gaza with dire humanitarian implications is an ongoing supply chain disruptor and rising economic threat. The continuing conflict in Gaza with dire humanitarian implications is an ongoing supply chain disruptor and rising economic threat. Sound familiar?

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supply chain budgeting Supply Chain Optimization Supply chain Supply 98