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Despite auctions being far more efficient than negotiating prices, to secure direct and indirect services and goods, they are entirely underused by multinationals.
Use eAuctions Instead of “3 Bids and a Buy” for Greater Savings
In late 2020, Robert Wilson and Paul Milgrom were awarded the Nobel Prize in Economics for breakthrough work on structuring auctions to deliver the best...
There’s no doubt 2021 will be a pivotal year for every business. As we think about what’s next for the procurement function, let’s first appreciate how far we’ve come.
A Look Back on 25 Years: Key Procurement Milestones and What’s Next
Jan 05, 2021
When artificial intelligence (AI) was first introduced in customer service, it was limited to basic chatbot features. Recent advancements are now bringing a sense of empathy and linguistics to AI agents.
Artificial Intelligence Brings Empathy and Linguistics to Customer Service
Jan 04, 2021
Agile 4 Step Procurement Methodology
Tips for Managing a Successful Competitive Bid
Dec 31, 2020
It’s no secret that marketing has become heavily dependent on technology and that the number of marketing technologies has been growing at an exponential rate.
A Road Map for Selecting Marketing Technology
Dec 29, 2020