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Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive

Arkestro

Resources / Blog / Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive Driving Cost Savings & Efficiency with Predictive Procurement Orchestration for Automotive The ripple effects of the COVID-19 pandemic are still rearing their ugly head in the automotive industry.

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Better Waste Management for the Environment!

Supply Chain Game Changer

Subscribe to Supply Chain Game Changer. Optimizing Waste Management in the Warehouse! But they’re also important to supply chains. Recycling keeps materials out of landfills, which reduces their size and helps them decompose more quickly. Conserve Energy and Reduce Greenhouse Gas Emissions.

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What does a Procurement Manager do? Job Description, Skills, and Qualifications

Arkestro

from 2023 to 2030. Procurement managers play a key role in this rapid growth, helping organizations optimize costs, negotiate favorable terms with suppliers, and ensure financial efficiency. Analytical skills: Make informed decisions, evaluate supplier performance, and conduct cost-benefit analyses.

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New Year Insights for the procurement solutions and services marketplace 2024: Coupa

Spend Matters

Operational efficiency, AI advancements and socially-conscious spending will be key business drivers Coupa has a core philosophy of “none of us is as smart as all of us” and it’s with this spirit that our insights for 2024 are written. using supply chain digital twins to optimize supply chain networks for carbon takeout).

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4 Key Trends Reshaping Manufacturing Procurement in 2024

Arkestro

According to Deloitte, the manufacturing industry was in contraction throughout most of 2023 due to challenges like increased lead times, tight labor markets, and rising costs. As we move into 2024, procurement teams continue to face hurdles like supply chain volatility, geopolitical tensions, budget restrictions, talent shortages, and more.

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Building Sustainable Procurement: Integrating Environmental and Social Factors for a Greener Future

Empowering CPO

Sustainable procurement has emerged as a vital approach to address environmental and social concerns while optimizing business performance. By integrating sustainability into procurement decisions, organizations can reduce waste, conserve resources, support ethical labor practices, and promote local economies.

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Getting ready for artificial general intelligence with examples

IBM Supply Chain Blog

Regardless, given the wide range of predictions for AGI’s arrival, anywhere from 2030 to 2050 and beyond, it’s crucial to manage expectations and begin by using the value of current AI applications. On a smaller scale, some organizations are reallocating gen AI budgets towards headcount savings, particularly in customer service.

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