Artificial intelligence (AI) and machine learning (ML) technologies in procurement will move beyond their current ‘hype cycle’ and deliver tangible use cases that yield demonstrable business value, an expert has predicted. AI and ML solutions expert Dr Madhav Durbha...
Procurement professionals seeking smart procurement technology should involve their IT colleagues as early as possible if they wish to avoid having purchasing plans blocked by a CTO.
SCDigest magazine has highlighted the crucial importance of effective tail spend management and category management in any effort to achieve satisfactory organisational cost reduction.
Bitcoin has been hailed as an utterly transformative payment method, and today, experts are looking at this peer-to-peer exchange system to see how it can be applied in the world of procurement.
Emerging digital technology is rapidly changing the function of procurement. In light of this, strategic sourcing expert Eleanor Matthews has offered small business procurement teams four tips for elevating the value they can bring to their organisation.
A seasoned supply chain executive has recently advocated for the bold embrace of emerging digital technology to achieve a profound procurement transformation.