Making Governance the Default Outcome
Arm was locked in with several existing suppliers for IT infrastructure spend and wanted greater leverage for their demand to achieve greater compliance with payment terms and cost requirements across IT service spend. Enter Predictive Procurement, a technique that embeds game theory and behavioral science to unlock the dramatic benefits of procedural optimization. Using predictive models, Arm leveraged Arkestro’s Suggested Offers and Intelligent Feedback to expand governance and drive dramatic, CFO-recognized value.
Categories: 2024 Fall - Rancho Mirage, Summit Presentations
SRC Type: Governance, Sourcing Management