Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. When I started working in the manufacturing field 30 years ago, planning and procurement ...

Forbes SAP BrandVoice: How To Get Your Supply Chain Ready For Christmas By SAP Guest When procurement goals are well-defined, midsize businesses can avoid the risk of diluting savings achieved ...

Companies want to rapidly digitize procurement by exploiting emerging technologies like AI. However, traditional IT ...

The food and beverage industry is no stranger to curveballs, and 2025 is shaping up to be no different. Rising inflation, ...

The resulting delivery delays expose faults in suppliers’ fulfillment processes. The solution lies in a convergence of procurement and supply chain functions. The company’s purchasing software needs ...

With 2022 well underway, businesses the world round are facing continuing COVID-era challenges. Yet despite lasting uncertainty, there’s a silver lining. Manufacturers are being forced to build ...

According to Deloitte’s 2023 Global Chief Procurement Officer survey, AI-enabled supplier management is the biggest focus for procurement functions. This involves using natural language ...

This is a key theme in Amazon Business’s 2025 State of Procurement Data report, which finds that supply chain disruption is seen as the most likely factor to pose organizational risks or challenges.

More than simple purchasing, effective procurement includes supplier relationship management, cost analysis, and strategic planning that support the entire supply chain.

Frank McKay, Jabil’s chief supply chain and procurement officer, reflects on the last two years in supply chain management A good friend of mine was a star high school football player who went on to ...

If the supply chain enables industry, procurement is the key to its life. But, like many industries, procurement is facing a talent shortage. That is especially true in the public procurement space.

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and ...