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Embracing AI and Predictive Procurement to Overcome Industry Challenges

Arkestro

Resources / Blog / Embracing AI and Predictive Procurement to Overcome Industry Challenges Embracing AI and Predictive Procurement to Overcome Industry Challenges Today’s procurement teams are faced with a host of challenges: Managing more spend with fewer headcount. Enhancing supplier performance.

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Standards For Cyber Security For Supply Chain

SCMDOJO

It is not unexpected that operational risks have become a problem for retail companies, given the development of internet purchasing. This blog post will discuss supply chain security regulations in detail, including how they operate and what kind of standards your company should adopt. Play with the physical elements.

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Corporate Travel Program: How To Create a Program for Employer and Employee Needs

Planergy

Helping organizations spend smarter and more efficiently by automating purchasing and invoice processing. How to gain visibility and control of your indirect spend. In this blog post, we’ll discuss the basics of a corporate travel program, why it’s important, and how to implement one successfully.

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Travel and Expense Management: What Is It, Challenges and Best Practices

Planergy

How to gain visibility and control of your indirect spend. In this blog post, we will discuss some of the basics of travel and expense management and some best practices to make your life a little bit easier. Without visibility into spend, it’s very difficult to control costs. What Is Travel and Expense Management?

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Navigating The Procurement Tech Landscape

Positive Purchasing

Written by Jonathan O’Brien , leading procurement expert and CEO of Positive Purchasing Ltd. Historically, that was how the system worked – very much a control-based function. James: Yes, to a point – you certainly can’t digitize your procurement function without good data, no matter what tool you invest in.

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Lead Time – The Ultimate Guide!

Supply Chain Game Changer

Lead time is the length of time it takes from when a purchase order is generated to when an item is delivered. Why is a shorter lead time important? Unfortunately, no matter how high-quality your product is, if it takes too long to reach your customers, they won’t be satisfied with your overall service. What is lead time?

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Demystifying Spend Analysis: From Definition to Execution

Empowering CPO

Spend analysis, an often overlooked yet critical component of procurement, is all about extracting those stories from stacks of invoices, purchase orders, and contracts. In this blog post, we’ll explore what spend analysis really is, why it matters, and how it can revolutionize your approach to procurement.