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Digital transformation’s effect on maverick spend
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A global provider of intelligent, AI-powered procurement software continues its aggressive growth strategy with a new AI technology patent.
It’s no mystery why indirect spend is often ignored. By its sheer nature, optimization has proven to be incredibly challenging. Unlike direct materials which are often highly engineered, associated with a specific set of approved suppliers, and controlled precisely through ERP and MRP technologies, indirect spend is comprised of a highly fragmented group of suppliers that vary by business unit (BU) and plant. These suppliers represent 1000s of sub-categories of goods and services and are...
In 2019, one of the main focuses for procurement organizations is finding new sources of value. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been completed. Identifying these catalysts, building them out, and constructing different ways to leverage these new value drivers is the focus of CPO Rising 2019: #ValueExpansion. Learn how value expansion can affect your organization in this webinar, where Andrew Bartolini, Founder &...