7 Things to Know About Predictive Procurement (.PDF Download)

Jan. 16, 2024
If your company isn’t already using predictive procurement, here’s a primer on the concept and how procurement departments are using it to improve efficiencies, reduce risks and gain higher levels of spend visibility.

The technology sector spins out new terminologies, nomenclatures and technical language at a mind-boggling pace—so much so that it can be almost impossible to keep up with the latest lingo and acronyms. One of the newer concepts in the procurement sector is predictive procurement orchestration (PPO), which has been around for years, but is now gaining increased traction as companies integrate more technology into their procurement operations.

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