Explore 5 pro tips procurement best practices for an effective procurement process which can help your organization ensure best value and timely delivery.
A Look into the Future of the Food and Beverage Industry Post the COVID 19 Pandemic- SpendEdge’s Vivek Sikaria Offers His Perspective on the Future Course of This Industry
There is no doubting the fact that enterprises in the food and beverage industry are riding the...
With digitization being the driving force behind the mode of operation in the global marketplace,...
In our latest engagement, we helped a leading beverage industry client develop a robust strategic demand intelligence report. We also helped them to shift toward a consumer-centric environment. Category management is quintessential for retailers as not all merchandise is equally important from a revenue generation point of view. To maximize profit opportunities in retail sales, it is important to master category management.
Intelligent Procurement: Empowering Businesses to Reinvent their Value Chains with the Power of AI in Procurement
In our latest engagement, we helped a leading food service industry client identify potential supplier risks and save massive amounts in their procurement operations. Procurement technology vendors are increasingly focusing on developing solutions that use AI. It includes cognitive procurement advisors (CPAs) and virtual personal assistants (VPAs) that use natural-language processing (NLP) and natural-language generation.
This engagement provided the leading player in the industrial sector with an in-depth information source for supplier data management and risk. The information furnished was utilized by the client’s procurement department, information security department, and data protection officer to actively manage supplier data privacy risks. Additionally, the supplier risk assessment also helped the client to identify high-risk suppliers and received a detailed assurance review at no cost.
SpendEdge Webinar on 25th and 26th Apr – How can better software license management result in cost optimization?
We have progressed far from the days where software was...
SpendEdge Webinar on 7th and 8th Feb – Is advanced analytics shaping the way procurement teams will look at data?
The procurement department is considered to be the backbone...
The procurement and travel departments have adopted an...
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