Remove predictive-sourcing-how-to-act-on-market-changes-before-they-happen
article thumbnail

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.

article thumbnail

3 reasons why business and data analysts need to work with real-time events

IBM Supply Chain Blog

A business event can describe anything that happens which is significant to an enterprise’s operation. A business event is represented by a change in state of the data flowing between your applications, systems and databases and, most importantly, the time it occurred. Uncertainty is expected and complexity is compounding.

Data 84
professionals

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

The Big Interview with Nathalie Adotevi

Procurement Heads

How did you get into procurement? I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities.

article thumbnail

The Big Interview with Nathalie Adotevi

Procurement Heads

How did you get into procurement? I found the unique role that procurement plays in being at the heart of a business’ strategy as well as at the very source of its operational performance really interesting. There is also a separate team that looks after sourcing, contracting and payment activities.

article thumbnail

Reimagining IBP in the Age of AI

Supply Chain Trend

Decision trees for the most common IBP decisions can be made like this for Finance, Sales, Marketing, Operation & Sourcing, highlighting where there is automation and augmentation potential. Strategy integration remains a challenges and, as I’ve highlighted before, IBP is not decision centric enough.

e2e 88
article thumbnail

Great Career Advice from Industry Leaders!

Supply Chain Game Changer

The more they can do to broaden their skillsets, whether in various supply chain functions or even on the dark side of product development, marketing, or other key business areas, the more valuable they will be to potential employers. What you use in the first 10 years of your career will change dramatically by the time you retire.

article thumbnail

The Dirty Little Secrets in Procurement!

Supply Chain Game Changer

While it may not be equally as sexy or notable, as MarTech or FinTech, the ProcureTech market has a forecasted CAGR of 9.6% The market can expect to be evaluated at a $9.9BN industry by 2023 (Banerjee 2019). The market can expect to be evaluated at a $9.9BN industry by 2023 (Banerjee 2019). Subscribe Here! Email Address.