The Future of Procurement: AI-Powered Transformation as Discussed at DPW Amsterdam 2023 with CPO Strategy Magazine

Procurement, a crucial backbone of business operations, is undergoing a dramatic transformation, as evident from the enlightening discussion hosted by CPO Strategy Magazine at DPW Amsterdam 2023 between Stefan Dent, co-founder of Simfoni, and Richard Martin, CEO of Thinking Machine....

November 7, 2023

Procurement Technology

The Power of Deglobalization: Realizing the Benefits and Navigating the Challenges with Procurement Technology

In an era marked by unprecedented global challenges, organizations are compelled to reassess their supply chain strategies. The concept of deglobalization has emerged as a powerful response to these dynamics, aiming to protect supply sources and bolster resilience. In this...

August 30, 2023

News and Events

Simfoni “Rising Star” Shines Bright as Finalist in SIG Future of Sourcing Awards

Simfoni is thrilled to announce Jen Andretta, Solutions Consultant at Simfoni, has been named a finalist for the SIG Future of Sourcing Awards in the “Rising Star” category. Simfoni Tweet “We are privileged to have such exceptional talent driving our...

July 26, 2023

Procurement Technology

Revving Up Your Procurement Process Part II: Incorporating Strategic Spend Terminal into Your P2P Solution

Welcome to part two of “Revving Up Your Procurement Process.” In this segment, we will discuss the benefits of incorporating eSourcing and Spend Analytics—also known as Simfoni’s Strategic Spend Terminal (SST)— into your supplier-funded P2P solution as a tool to...

May 26, 2023

Procurement Technology

Revving Up Your Procurement Process: How Simfoni is Driving Success for Automotive Manufacturers

As the automotive manufacturing industry continues to evolve, companies are under constant pressure to optimize their supply chain operations and reduce costs. Procurement is a critical component of this process, as it enables companies to source materials and components from...

May 3, 2023

Engineering Procurement Technology

Beyond the Hype: Managing Our Expectations of AI in the Age of ChatGPT

“We overestimate the impact of technology in the short-term and underestimate the effect in the long run.” – Ray Amara, Stanford computer scientist Tweet Simfoni’s Chief Technology Officer Alan Buxton shares insights into expectations around the capabilities of AI and...

April 18, 2023

Procurement Software

The Top Three Procurement Challenges We’re Seeing in 2023

In a world where market dynamics and supply chain management are constantly evolving, businesses must understand and keep up with the latest procurement topics and challenges. Let’s discuss the top three procurement challenges we’ve observed in 2023 and what they...

March 30, 2023

Procurement Technology

How AI is Solving the Biggest Challenge in Automotive Procurement

Artificial intelligence (AI) is revolutionizing the way we live and work, and the automotive industry is no exception. From self-driving cars to supply chain management, AI is transforming every aspect of the automotive industry. While most of the focus in...

March 15, 2023

News and Events

Simfoni Client Emaar Properties Wins 2023 ‘Digital Transformation of the Year’ Award at Middle East Procuretech Summit

This week, Emaar Properties, a world renowned multi-national real estate development company based in the UAE, joined Simfoni at the 2023 Middle East Procuretech Summit where they were awarded with the prestigious Digital Transformation Initiative of The Year Award. The...

February 23, 2023

News and Events

Food Logistics Names Simfoni a 2022 Top Software & Technology Provider for the Food & Beverage Industry

Simfoni is pleased to be named a winner of Food Logistics’ 2022 Top Software & Technology Providers award, which honors software and technology providers that ensure a safe, efficient, and reliable global cold food and beverage supply chain. Simfoni’s working...

December 15, 2022

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