While some early adopters of Generative AI (GenAI) for procurement are seeing benefits, many organizations are experiencing ...

Process and workflow management with AI- and automation-powered technology also can help you accelerate sourcing cycles, enhance productivity, and capture and report on savings.

Generative AI (GenAI) for procurement has entered the trough of disillusionment, according to Gartner. While some early ...

This gap, in many cases, explains the frustration felt by supply chain leaders when they invest in technology and process change but are not seeing the expected results.

A well-designed procurement automation workflow will drive better communication and collaboration among all the participants and stakeholders in the buying process.

MIAMI, September 26, 2024--According to new research from The Hackett Group, Inc. (NASDAQ: HCKT), Digital World Class® procurement organizations can expect staff productivity to increase by 54% ...

In 2020, supply chain disruptions surged by 67%, with 83% of these issues stemming from human factors across various stages of the process—from suppliers and traders to banks and manufacturers. This ...

YC Continuity led the Series B round for Zip, which has over 100 customers, including Canva, Snowflake, Roblox, Coinbase, Airtable and Databricks.

By contrast, a company’s typical procurement process requires three to six teams and disparate systems, five or more hours of training just to initiate a request and more than 25 emails.

The platform can also be used to identify ways of making a company’s procurement workflow more efficient. Zip announced its $100 million funding round today in conjunction with a new edition of ...