VENDX has been awarded the prestigious “Procurement Innovation Excellence Award 2024” at the 11th Edition Procurement Excellence Summit & Awards 2024. This esteemed event took place at the Holiday Inn New Delhi Int'l Airport Hotel.
Procurement, once viewed as a support function within organizations, is now central to business growth and operational efficiency. With the rise of new technologies, procurement is no longer about just sourcing the right suppliers at the best prices; it’s about strategic value creation, optimizing processes, and enhancing collaboration across supply chains. Generative AI, one of […]
Artificial intelligence in procurement is transforming the way businesses manage their supply chains and purchasing processes. We’re witnessing a revolution in how companies source materials, negotiate contracts, and analyze spending patterns. AI-powered procurement tools like VendX are reshaping traditional approaches, offering unprecedented efficiency and strategic insights that were once unimaginable. In this blog, we’ll explore […]
VENDX has been honored with the title of "Best Procurement Technology Solution of the Year 2024" award at the 9th Edition Procurement Excellence Summit & Awards 2024 held at the ITC Maratha, Mumbai hosted by UBS Forums Pvt. Ltd.
In the dynamic landscape of business and supply chain management, vendor risk management has emerged as a pivotal component, especially in 2023. As the global economy faces unprecedented challenges, ranging from the ongoing pandemic to supply chain disruptions caused by geopolitical tensions,
In the ever-evolving landscape of procurement, staying ahead of the curve is essential for organizations to secure competitive advantages and optimize their supply chain. One of the most powerful tools at the disposal of modern procurement teams is predictive analytics.