In tackling these strategies throughout the procurement process, companies can lift their prospects for new digital transformation and more substantial revenue growth in 2023. Editorial Standards ...

In today’s interconnected and increasingly digital world, procurement and supply chain professionals face growing expectations—not only to deliver value but to uphold the highest standards of ...

The first step for many of you may be to take advantage of the resources available at UT and join the inaugural cohort of our ...

Data analytics is revolutionizing procurement strategies, enabling CFOs to gain deeper visibility into spending patterns and identify cost-saving opportunities. Organizations with mature procurement ...

As the newly appointed CSO, Stephanie Hedgepeth will work to connect AI, cloud, and strategy to help steer Mississippi’s ...

What Is Your Definition Of Strategic Procurement? In a word: analytics. Advanced data analytics offer the insights to realize efficiencies and meaningful cost savings. As one of the largest ...

It is key to remember that only 10-15% of procurement activities are strategic, and as much as 85-90% are transactional in nature. AI-Driven Procurement With this focus on streamlining procurement ...

This article explores the five main types of procurement that organizations employ today: direct, indirect, strategic sourcing, outsourcing, and e-procurement.

With Thales now working with more local suppliers through its Go to UAE initiative, the company’s investment in the Emirates ...

Strategic procurement can play an important role in maximizing M&A benefits. Consolidating procurement can slash costs by standardizing purchasing processes and taking advantage of volume ...

Fortunately, buyers can implement proven strategies to optimize their safety procurement selections, benefiting both the organization and employees. Here are five key strategies to consider: Foster a ...

India's new trade agreement with the UK marks a significant shift in its government procurement policy, allowing British ...