At a time when manufacturing firms are grappling with soaring input costs, fragile supply chains, and relentless pressure to protect margins, the ability to negotiate effectively has become a defining ...

"We are thrilled to partner with DKM in our mission to revolutionize Procurement training," said Clive R Heal, CEO of LavenirAI. "Together, we will empower Procurement professionals worldwide to ...

In sales and procurement, it’s not uncommon for negotiation to be limited to external stakeholders (like suppliers). While effective negotiation strategies are necessary to the success of any ...

The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in ...

Supply chain managers and procurement professionals are watching a new kind of negotiation take shape, one that doesn’t involve people sitting across a table or trading emails. Instead, artificial ...

In 2012, Deloitte Consulting AG asserted -- in a report titled "Facing the Procurement Challenge: Deloitte's Procurement Strategy Practice" -- "Procurement has made great progress as a function over ...

In a business environment fraught with volatility and uncertainty, CPOs and sourcing and supply chain executives confront unprecedented challenges. Companies are reevaluating global supply chains ...

Forbes contributors publish independent expert analyses and insights. Harvard trained negotiator. Cofounder and President of Pactum AI. Enterprise procurement teams have been able to use e-auctions to ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

EU ambassadors today agreed on a mandate for negotiations with the European Parliament on a regulation to create an International Procurement Instrument (IPI), which will help to address the lack of a ...