Category management Real-time Visibility Strategic sourcing supply chain budgeting 
World of Procurement blog
MAY 10, 2024
This supports strategic sourcing efforts. Predicting future spend : By analyzing historical spend data, AI algorithms can create spending forecasts, predict seasonal demand changes, and model the impact of external factors on budgets. This enables more accurate planning.
Procurement Software
APRIL 23, 2024
Located in Amsterdam, Netherlands, the company leverages advanced AI technologies to enhance procurement processes, focusing on efficiency and data visibility. What sets Mithra-AI apart is its real-time, continuous visibility of spend data, coupled with proactive alerts for opportunities and risks.
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Empowering CPO
JUNE 30, 2023
Introduction In the dynamic world of business, the ability to effectively manage and optimize supply chains has emerged as a critical success factor. At the heart of this revolution lies a powerful tool that many companies are now leveraging to achieve competitive advantage: Managed Procurement Services.
Empowering CPO
JULY 2, 2023
If you’re new to the term, Managed Procurement Services refers to the outsourcing of a company’s procurement functions to a specialized firm. This approach allows businesses to leverage the expertise of procurement specialists to streamline operations, optimize supplier relationships, and most importantly, reduce costs.
Empowering CPO
JUNE 14, 2023
It is a strategic process that involves identifying business needs, sourcing suppliers, negotiating contracts, managing supplier relationships, and ensuring the timely delivery of high-quality products or services. It also facilitates data collection, which can be used for analytics and strategic decision-making.
Procurement Software
MARCH 11, 2022
Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Or it could be an SME that has never really given much thought to how vendors are managed and purchases are controlled. 3) Vendors not actively managed. The biggest vendors are usually managed well.
Procurement Software
MARCH 11, 2022
Even if budgets have been set, there is very little control that a CFO or a procurement team can yield. Or it could be an SME that has never really given much thought to how vendors are managed and purchases are controlled. 3) Vendors not actively managed. The biggest vendors are usually managed well.
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