Procurement is being pushed into a faster, less forgiving environment. Supply chains can change in days, budgets can shift before a quarter ends and business teams increasingly expect purchasing decisions at the pace of delivery, not administration. In that context, the old model of lengthy…
Artificial intelligence in procurement has travelled a long way from the era of broad promises and speculative pilots. In category intelligence, where teams must track suppliers, prices, risks and shifting market conditions, the technology is now beginning to show practical value. According to Madhukar Irvathraya,…
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Russia’s business-to-business sales market is expanding rapidly, but the firms best placed to benefit are increasingly those that reach customers long before a tender is formally announced. According to industry forecasts, the market could reach 4.2 trillion roubles by 2030, although other recent estimates are far more ambitious. RBC reported…
As medical device firms expand their global manufacturing footprints, contract manufacturers have become central to how products are developed, scaled and supplied. The advantages are clear: lower capital exposure, access to specialised process expertise, more predictable production transitions and the ability to increase output without…
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Amazon Business has passed $60 billion in annualised gross sales, a threshold that underlines how firmly B2B purchasing has moved into digital channels and how quickly that shift is being reshaped by AI. According to Amazon, the marketplace now serves more than 11 million organisations worldwide, including hundreds of thousands…
Frontier AI is generating plenty of excitement among procurement and supply chain leaders, but the most advanced model on a leaderboard is not necessarily the one best suited to Source-to-Pay work. The latest releases from major AI labs have shown striking progress in reasoning, coding…
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View AllCorporate virtual cards evolve into control and compliance tools amid rising financial complexities
Mastercard and American Express are signalling that the next phase of business-to-business payments is less about shaving seconds off a transfer and more about tightening control over how money moves. According to Mastercard, its upgraded In Control virtual card platform now includes issuer-enforced controls, improved clearing features, embedded payment functionality…
Procurement’s new role in controlling AI spending amid rising costs and governance challenges
Procurement teams are increasingly being pulled into a problem that used to sit mainly with IT and finance: how to keep artificial intelligence spending visible, controllable and tied to business value. In a recent post, Aashima Gupta argued that the issue is no longer simply…

