NASA has developed an objective-based procurement strategy to advance its ongoing Moon to Mars initiative, according to Karla Jackson, senior procurement executive and deputy chief acquisition officer ...

Strategic business objectives are an integral part of any strategic plan. Without clear, quantifiable objectives, it's unlikely your organization's plan can succeed. In a strategic plan, objectives ...

When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

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 ...

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 ...

The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...