Procurement stories - Page 9

As we celebrate International Women's Day, procurement emerges as a strategic career path for women, offering innovative roles and significant growth potential.

Globality has enhanced its Glo AI Agent, introducing advanced pricing analysis tools aimed at helping Global 2000 firms optimise decision-making and reduce costs.

The rise of artificial intelligence is reshaping procurement and cybersecurity, as firms look to harness its potential while safeguarding critical data.

A recent Gartner survey reveals CFOs are broadening their roles, now heavily involved in data analytics, risk management, and AI strategies, enhancing enterprise profitability.

Vertice has secured $50 million in Series C funding, boosting its total to over $100 million, aimed at enhancing global procurement processes.

FourKites has launched its Intelligent Control Tower, leveraging real-time data and AI to transform supply chain management and enhance operational efficiency.

Verizon and Honeywell have unveiled a strategic partnership to deliver a bundled technology solution, enhancing efficiency for retail and logistics firms.

As inflation and uncertainty strain budgets, businesses are turning to Zero-Based Everything, a strategy promising savings of 10-25% and up to 50% in procurement.

A Gartner survey reveals that 72% of procurement leaders are prioritising GenAI integration, marking a pivotal shift towards strategic decision-making.

Exponential-e has been named a supplier on the Crown Commercial Service's G-Cloud 14 Framework, offering 48 cloud-based services to the public sector.

Only 25% of UK firms have embraced circular economy practices, risking higher costs and lower competitiveness amid sustainability challenges, research reveals.

Celonis has launched a new Sustainability Layer, empowering companies to measure and improve their sustainability efforts while enhancing business performance.

TCO Certified highlights the vital role of IT resellers in promoting sustainability as businesses focus on tackling challenging Scope 3 emissions by 2025.

Celonis is revolutionising business efficiency with innovative process mining, bridging data gaps to enable AI-driven optimisation across industries.

Celonis has launched Networks, a feature designed to enhance process collaboration among businesses, improving supply chain efficiency and transparency.

ServiceNow and Rimini Street have teamed up to modernise ERP systems with an AI solution, promising cost-effective upgrades and enhanced innovation.

Systal Technology Solutions has appointed Bob Murphy as Non-Executive Director, aiming to enhance its international growth strategy with his expertise.

ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.

Labour unveils a plan to deliver 40,000 extra NHS appointments weekly, focusing on health technologies and efficiency to tackle fiscal challenges.

Vertice research reveals that optimised procurement can make companies 32% faster to innovate, but only 18% have achieved it due to outdated processes.