AI-enabled procurement models can deliver returns of up to five times the initial investment as well as productivity gains of ...

Ask almost any chief procurement officer (CPO), and, more than likely, they’ll shruggingly admit that procurement—that business-critical function of sourcing and paying for goods and services—is far ...

While procurement and AP teams have heard time and again that their operations will run themselves, AI agents could genuinely ...

Arkestro, the leading predictive procurement platform accelerating enterprise scale, today announced the launch of two new offerings: Pricing Updates and Model Context Protocol (MCP) connectivity. The ...

Macomb County startup secures $2 million in private investment and advances its DataProcur platform with coaching, ...

Procurement Ombud Alexander Jeglic has released the 2025-26 Annual Report, which documents a record number of cases and calls ...

ProcureAbility®, a Jabil company and a leading provider of procurement and supply chain services, today announced findings from the "2026 State of Procurement Report." The report, created in ...

Until recently, and for decades before then, procurement teams in global organizations were viewed primarily as cost-cutting enforcers — a function focused on squeezing suppliers and saving pennies, ...

Predictive procurement is set to be a key theme for procurement professionals in 2025, as they seek to gain greater insight into likely future demand and pricing trends in an uncertain economic ...