According to Deloitte’s Global Chief Procurement Officer Survey, 61 percent of procurement leaders delivered a better year-over-year savings performance in 2017, yet only one in four believe they’re ...

Local governments are under significant fiscal pressure due to rising inflation, deferred maintenance and infrastructure investments, staffing shortages, and constituent demands for digital services.

Since 2020 and the arrival of the COVID-19 pandemic, we’ve all experienced how an unexpected event can have long-lasting impacts on operations worldwide. One of the biggest ongoing impacts of the ...

Many business leaders are being forced to reimagine their organizations' supply chain strategies. In my view, procurement is no longer regarded as a back-office cost center—rather, it's a strategic ...

For every business, accounts payable (AP) is a costly and time-consuming expense. Every organization, no matter how small, has expenses. Processing can be inefficient ...

Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.

Against the backdrop of a major U.S. naval deployment to the South Atlantic and a dramatic name change from the Department of Defense to the Department of War; most Americans would think the technical ...

“Where procurement is going next” found that companies excelling in procurement had digital capabilities maturity scores 40% higher in strategy, digital and data/analytics compared to average ...

LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement market intelligence firm, has announced the availability of its Global Gold Procurement Market Intelligence Report for preorder. This report ...

Procurement is a complex discipline that goes beyond selecting the right products for the right applications. Buyers also have to balance budgets, value, product quality, and delivery times when ...

A five-year procurement plan is vital for fleets to navigate changing regulations and tariffs, aligning operations with financial goals. To effectively manage costs, fleet operators must establish ...