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AI in Procurement and ‘Autogmentation’ Part 1 — (Procurement) technology is more than automation to replace people

Spend Matters

For procurement professionals and solution providers, understanding the evolution of technology and its impact is crucial for staying competitive in the ever-changing market. From the early days of mechanization and automation to the digital age, technology has continuously improved efficiency and effectiveness in business operations.

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Last Mile Logistics — What You Should Know

Procurement Tactics

51 ChatGPT Prompts to 10X Your Productivity in Procurement Download ChatGPT PDF Procurement Courses  Or receive our famous weekly newsletter Last Mile Logistics — What You Should Know Last mile logistics is often associated with e-commerce due to its rising popularity in the modern market. Last Mile Logistics: What is it?

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The Disruptive Power of Digital Procurement

Una

The Disruptive Power of Digital Procurement. Digital” is one of those vague terms that changes depending on context. For old-school procurement professionals , going digital may simply mean moving away from paper-based processes. Digital procurement game-changers.

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How to Use Group Purchasing as a Cost Reduction Strategy

Una

Organizations in every state, however, are still faced with challenges related to ongoing supply chain disruptions and skyrocketing inflation, both byproducts of an unprecedented black swan event. In this article, we’ll explore ways to achieve cost reduction in procurement and ensure business continuity in times of economic uncertainty.

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7 Effective Business Process Improvement Examples 

Pipefy

In this article, we will dive into seven key areas where the practice of making existing processes faster, more accurate, more efficient, and more reliable can make a tangible difference. Procurement process optimization to achieve cost savings and better supplier relationships with digital solutions.

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Elements of a Diversified Procurement Strategy

Una

Elements of a Diversified Procurement Strategy A diversified procurement strategy will utilize both traditional and nontraditional methods of sourcing to drive cost savings and value. This includes implementing aspects of a traditional procurement strategy and adding in some unconventional means to get desirable results.

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What CPOs Need to Know About Predictive Procurement Orchestration

Arkestro

Resources / Blog / What CPOs Need to Know About Predictive Procurement Orchestration What CPOs Need to Know About Predictive Procurement Orchestration The vast majority of Chief Procurement Officers (CPOs) believe in the power of procurement data to make better-informed decisions across their organization.