Have you ever wanted to clone your best buyer – essentially having an assembly line that could replicate what makes that buyer amazing and being able to watch as your procurement process improves with best practices, tools, and streamlined processes in place?

In this helpful infographic, you’ll see how your organization could benefit from implementing an AI-powered procurement and sourcing software to tackle procurement challenges and get immediate results. Check out the fun infographic to find out what goes into cloning your very best buyer so you can have clarity and control over projects, greater cost savings, and a business strategy that productively impacts your bottom line.

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Supplier relationship management is the discipline of strategically planning for, and managing, all interactions with third-party organizations that supply goods and/or services in order to maximize the value of those interactions. In practice, supplier relationship management entails developing closer, more collaborative relationships with key suppliers in order to uncover and realize the new value and reduce supply risk; but what exactly is “supply risk”? George Zsidisin, assistant professor of supply chain management at Michigan State...

Do your procurement problems have you feeling like you’re stuck in the mud? (Pun intended.) Trying to navigate your indirect spend with numerous suppliers, thousands of component parts, and multiple locations and buyers is sometimes like being trapped in a traffic jam. The good news – innovative technology solutions can clear up those bottlenecks and make your procurement journey a whole lot smoother. Whether you're a CPO, sourcing manager, or corporate finance professional, watch the...

Madison Heights-based Xeeva, Inc., which uses artificial intelligence to help customers streamline their supply chain, announced it has got an investment of more than $40 million, which was led by PeakEquity Partners, a private-equity firm in Radnor, Pa.