article thumbnail

Technology Trends in Procurement

Una

billion by 2028 at a CAGR of 7.6%. Benefits include cost savings, risk reduction, efficiency gains, transparency, agility, customer satisfaction, employee engagement, and much more. Fully-automated spend categorization will boost visibility, free up time, supercharge advanced analytics, and improve decision-making.

article thumbnail

It’s Time to Squeeze the Efficiency from Logistics with TMS

Supply Chain Collaborator

The low-hanging fruit has all been harvested by shippers using TMS and other logistics IT solutions increase efficiency and save costs in transportation. Better visibility into rates, routes, equipment availability and such has helped those shippers using TMS to exert much greater control over spend. this year and then 3.4%