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The 5 biggest problems in automotive procurement (and how to solve them)
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Reducing maverick spend is one of procurement's biggest challenges. Luckily, digital transformation is happening. Specifically, advanced technology has the potential to solve this and many other procurement problems. Want to find out how? Watch our webinar featuring Institute for Supply Management’s (ISM) Managing Director of Global Operations, Lane Burkitt, and our Chief Strategy Officer, Steve Griffiths! What you’ll learn Why maverick spend is a problem for procurement organizations Ways that emerging technologies can reduce maverick...
MADISON HEIGHTS, MI, January 23, 2020 – Xeeva, Inc., a global provider of specialized procurement AI solutions, today announced that it was included on SiliconIndia’s 2019 list of “100 Most Promising Technology Companies”. It was also named as a “Top AI Company” by the publication. The annual listing is compiled by the magazine to recognize companies impacting the marketplace. SiliconIndia included Xeeva because it is pushing the boundary of possibilities in procurement with its artificial intelligence...
In 2019, finding new sources of value is a primary focus for many procurement organizations. This will be largely driven by innovative approaches, as most of the easy, quick wins have already been identified. This section of the CPO Rising 2019 report takes a deep dive into the current state of procurement. It analyzes current capabilities (in areas such as people, processes, and technology) and looks at ways for procurement to improve their performance in...