Procurement Software
APRIL 23, 2024
Spend analytics software would be the first tech investment I’d make in a greenfield Head of Procurement role. To do this quickly and efficiently, spend analytics software is your best friend. This usually justifies the business case to invest in spend analytics software to categorise this quickly and more easily.
Supply Chain Game Changer
APRIL 7, 2020
Subscribe to Supply Chain Game Changer. The Toilet Paper Supply Chain! In the midst of the Coronavirus pandemic the need for complete, end to end Supply Chain visibility has never been more important! Supply Chain visibility and the Digital Supply Chain has never been more important!
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Arkestro
APRIL 25, 2023
The workforce shortage reached half a million this year , and many sectors continue to grapple with increased lead times, and volatile material costs. In fact, 71% of all companies said the cost of raw materials is the biggest threat to their supply chain in 2023. from February 2020 to August 2022.
Spend Matters
DECEMBER 21, 2023
AI can help create greater efficiency and value across all source-to-pay processes, including spend analysis, opportunity identification, sourcing and contract management, category management, supply relationship management and risk management.
World of Procurement blog
MAY 10, 2024
Spend Analysis and Classification with AI AI and machine learning are transforming spend analysis and classification, providing procurement teams with unprecedented visibility into organizational spending. One of the biggest challenges in procurement has been gaining visibility into exactly where money is being spent across the organization.
Procurement Software
OCTOBER 10, 2023
Whereas others are more specific to the procurement and supply chain space uniquely. Remote work Younger people especially want more location and time freedom. Traditional office-based jobs such as those in procurement and supply chain are having to compete with jobs which can be done remotely. It’s a big step up.
Procurement Software
MARCH 11, 2022
Savings on indirect spend categories can’t usually be measured as Purchase Price Variance (PPV) against a standard or average price which can directly impact the bottom line. 5 effective tail spend management strategies and how procurement technology can help. Secondly, it also enables Procurement to free up their time.
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