Procurement stories - Page 9

Only 25% of UK firms have embraced circular economy practices, risking higher costs and lower competitiveness amid sustainability challenges, research reveals.

Celonis has launched a new Sustainability Layer, empowering companies to measure and improve their sustainability efforts while enhancing business performance.

TCO Certified highlights the vital role of IT resellers in promoting sustainability as businesses focus on tackling challenging Scope 3 emissions by 2025.

Celonis is revolutionising business efficiency with innovative process mining, bridging data gaps to enable AI-driven optimisation across industries.

Celonis has launched Networks, a feature designed to enhance process collaboration among businesses, improving supply chain efficiency and transparency.

ServiceNow and Rimini Street have teamed up to modernise ERP systems with an AI solution, promising cost-effective upgrades and enhanced innovation.

Systal Technology Solutions has appointed Bob Murphy as Non-Executive Director, aiming to enhance its international growth strategy with his expertise.

ServiceNow debuts Now Platform Xanadu with hundreds of new AI features, promising enhanced productivity in IT, customer service, HR, and procurement.

Labour unveils a plan to deliver 40,000 extra NHS appointments weekly, focusing on health technologies and efficiency to tackle fiscal challenges.

Vertice research reveals that optimised procurement can make companies 32% faster to innovate, but only 18% have achieved it due to outdated processes.

Top AI startups, including Anyscale, Clarifai, Cohere, and SymphonyAI, are using Oracle NetSuite to streamline operations, reduce costs, and enhance business insights.

Oracle NetSuite launches SuiteProcurement, partnering with Amazon Business and Staples to streamline indirect procurement, offering cost-saving benefits.

More than half of top online fashion retailers aren't offering free returns, tackling high costs and 'serial returners' issues, reports Which?.

Traceable AI has teamed up with AWS to bolster API security, enabling seamless integration through the AWS Marketplace amid rising threats to cloud-native systems.

ControlUp has been named a Leader in Gartner's first Magic Quadrant for Digital Employee Experience Tools, highlighting its innovation and market influence.

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

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.

Beroe has announced a strategic investment in AI firm Forestreet to enhance its procurement tools, aiming to provide greater market insights for CPOs.