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AI in procurement: How different industries are harnessing its power

Spend Matters

Manufacturing and industrials: Strengthening the supply chain backbone In the manufacturing world, procurement is about much more than just tracking spend its the heartbeat of supply chain management. This means better compliance, fewer disruptions and greater efficiency in managing supplier relationships.

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Building Stronger Relationships: Effective Approaches to Multi-Tier Supplier Collaboration

Jaggaer

Building Stronger Relationship s : Effective Approaches to Multi-Tier Supplier Collaboration A chain is only as strong as its weakest link—but what if you can’t evaluate the entire chain? Tier 1 suppliers and their suppliers—and their suppliers’ suppliers—make up an organization’s multi-tier supply chain.

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Procurement Technology: What Public Sector Organizations Should Look For in 2025

Jaggaer

Harnessing Advanced Technologies & Proving Benefit Modern procurement systems must integrate advanced technologies to streamline processes and enhance decision-making: Artificial Intelligence (AI) and Machine Learning (ML): AI and ML are now indispensable for automating repetitive tasks, such as supplier evaluations and contract management.

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Strategic Sourcing Success – Techniques Deployed by Leaders in S2P

Jaggaer

It is a process that creates efficiencies across all spend categories, minimizes supply chain risks through improved supplier selection and awards, while giving visibility into pricing and forecasting. We also now break down the negotiation stage into sourcing and final negotiation of contracts.

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3 Key Steps to Drive Procurement Efficiency

Procurement Software

If this were a manufacturing process generating over 30% waste, it would be something that lean experts would be crawling all over. Ask yourself: why it is that startups are so lean and agile…? How many of these tasks could be done by an Admin Assistant, Data Analyst or a Junior Buyer? Adults should be treated as adults.

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How does the Hansen Fit Score and more specifically the Metaprise, Agent-based, Strand Commonality models position both procurement practitioners and ProcureTech solution providers to effectively respond to procurement demands in the polycrisis era?

Procurement Insights

Report Link : The interview discusses “empowering procurement to be proactive and agile,” mirroring the agent-based architecture where multiple agents interact dynamically. Fit Score Link : Agent-based logic contributes to evaluating how flexible and decentralized a platform is—critical for change management and adoption scoring.

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Comparing Analyst Firm Coverage To Procurement Insights Coverage

Procurement Insights

THE SHORT ANSWER Procurement Insights is not a replacement for analyst firms its a complementary and sometimes disruptive mirror , helping enterprise buyers and tech vendors see past sanitized reports into what actually matters to practitioners. – Challenges rigid quadrants with more agile, narrative-driven insights.