Procurement stories - Page 2

As Generative AI (GenAI) struggles to prove business value, procurement emerges as a surprising leader in demonstrating its true potential by enhancing user experiences.

Zespri's collaboration with Celonis has revolutionised their business operations, cutting vendor invoice cycle times by 27% and boosting purchase order conformance to 88%.

Discovery Consulting names Rod Gallagher as CEO, expands services to support SAP RISE, aiming to enhance business efficiency and digital transformation.

DXC Technology has completed integrating an SAP S/4Hana ERP system at Whitehaven Coal's Daunia and Blackwater mines, doubling their operational capacity.

Australian Government's PSPF Direction 002-2024 mandates stronger cybersecurity measures, sparking industry experts' applause and calls for resourceful implementation to mitigate risks.

Generative AI is set to revolutionize enterprise software by making costly customisation obsolete, paving the way for unprecedented digital agility.

Almost 25% of UK firms have adopted Generative AI in procurement, cutting manual tasks by 44%, reveals Ivalua research. Future efficiency gains are projected.

AI-driven procurement by Globality and HFS Research shows Global 2000 firms boosting productivity by 70% and cutting costs by 20%, enhancing efficiency.

MACH – Microservices, API-first, Cloud-native, and Headless – transcends tech jargon, offering organisations the agility and scalability needed in modern MarTech stacks.

Beroe has made a strategic investment in Forestreet, enhancing its AI-driven procurement intelligence with advanced supplier discovery technology. Vel Dhinagaravel joins Forestreet's board.

Nearly a third of UK businesses fell victim to invoice fraud in the past year, with only 39% preventing fraudulent payments.

Cegid integrates generative AI into its Cegid Retail solutions, showcased at Cegid Connections Retail in Rome, aiming to transform retail with intelligent agents.

Boomi's latest global study, sponsored by IFS and conducted by IDC, underscores the urgent need for composability in enterprise software to combat challenges from outdated systems, per 1,000 surveyed execs.

Indosat Ooredoo Hutchison and Google Cloud are deepening their partnership to transform Indosat into an AI-driven tech enterprise, enhancing service for over 100 million customers.

Manchester's Sync wins spot on HeathTrust Europe's £6 billion ICT Solutions Framework, joining 10 other suppliers to deliver digital solutions.

McConnell Dowell partners with TechnologyOne to bolster Melbourne's key infrastructure projects through a GBP £45 million investment in cutting-edge SaaS technology.

Ingram Micro launches a new AWS Marketplace DSOR feature, aiming to help partners streamline sales cycles and elevate cloud solution development and selling.

Ivalua to digitise NCC Sweden’s supply chain with advanced risk and performance management, aiming to curb annual revenue losses of up to 15%.

Anglicare Southern Queensland has named Cynthia Hanley as its new CFO. Hanley, with over 20 years' experience, aims to bolster sustainability and modern practices at the not-for-profit organisation.

COVID-19 has highlighted the fragility of global supply chains, pushing Western nations to reshore production for increased resilience, economic benefits, and sustainability.