Spend data, traditionally a lagging metric, is being re‑engineered as a forward‑looking signal thanks to AI advancements. Zip’s recent survey of over 1,000 spend management professionals reveals heightened focus on analytics, AI skill demand, and a rapidly diversifying procurement technology stack. The discussion with Zip’s Head of Research Nick Heinzmann and Lead Content Marketer Brooks Rocco highlighted a gap between procurement’s enthusiasm for AI and its current preparedness. These insights suggest organizations must align spend management with strategic objectives to boost future operational readiness.
The session with ORO Labs executives reframed procurement as an end‑to‑end process rather than a siloed function, emphasizing its impact on user experience, cost savings, risk mitigation, and compliance. Rapid advances in AI and automation are forcing procurement technology stacks...
Organizations that serve food at scale face rising inflation and supplier pressure. Partnering with a group purchasing organization (GPO) allows them to lock in lower prices, standardize contracts, and streamline budgeting. Marissa Muzik, senior manager at Una, explains how GPOs...
Art of Procurement has launched the ProcureTech Insider, a new podcast series aimed at demystifying procurement technology. The show targets CPOs and digital leaders who are overwhelmed by rapid AI‑driven platform growth and need practical guidance. In its inaugural episode,...
Procurement is at a pivotal crossroads as global uncertainty, rapid technology adoption, and heightened business expectations demand greater influence. Ben Farrell, CIPS CEO, draws on his military and retail experience to argue that procurement leaders must grant teams freedom within...
Medtronic is revamping its indirect procurement model to become a strategic, business‑focused function. By segmenting its supplier base, the company concentrates resources on high‑risk, high‑spend vendors while using digital pathways for low‑complexity suppliers. Leadership emphasizes speaking the language of EBITDA...