AI—and specifically generative AI—has proven to be the most breathlessly hyped technology ever to hit the procurement function. When it burst onto the scene, it was trumpeted less as a technology and ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

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 ...

If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

The General Services Administration launched its latest effort to overhaul the federal government technology acquisition process Tuesday with the announcement of its new OneGov Strategy. As part of ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

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

Procurement is getting the long-awaited recognition it deserves as a leading driver of company growth. The procurement teams earning this spotlight all have one thing in common: moving beyond the ...

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 ...

Public procurers should have a clear and well-communicated strategy that is backed up by involvement of management and suitable resources, a recent study from the University of Eastern Finland shows.