Procurement was once seen as just a link in the chain of business operations. It was the process by which operators secured ...

Since 2020 and the arrival of the COVID-19 pandemic, we’ve all experienced how an unexpected event can have long-lasting impacts on operations worldwide. One of the biggest ongoing impacts of the ...

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

For every business, accounts payable (AP) is a costly and time-consuming expense. Every organization, no matter how small, has expenses. Processing can be inefficient ...

A procurement function that evolves in response to macroeconomic trends is a critical linchpin in the health of any growing business. And midsize companies are taking note, leveling up their internal ...

The power grid faces unprecedented challenges from surging demand, aging infrastructure, and climate disasters. Strategic procurement can enable utilities to anticipate ...

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 ...

Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.

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 ...

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 ...

Governments buy a lot of stuff. Every year, one out of every three dollars governments spend goes toward purchasing something -- from photo copier ink to new vehicle fleets -- to help provide services ...

Hospitals must fuse supply strategy with clinical quality metrics to meet Joint Commission goals and avoid patient harm and CMS accreditation loss.