Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

Over the years I have been fortunate to collect a wealth of both academic knowledge and professional experience in sourcing management. I have witnessed how the perception of procurement contribution ...

Governments around the globe spend approximately $9.5 trillion each year in the procurement of goods, services and works. Unfortunately, a good percentage of this money is lost to procurement ...

For many years, the role of the procurement department in creating competitive advantage was overlooked. Rarely was it considered a significant source of cost savings or a driver of organizational ...

Many procurement teams are struggling to optimize spend while effectively managing supplier relationships, mitigating supply chain disruptions, and maintaining compliance. Traditional procurement ...

The pressure on the procurement function to modernize is continuing to grow. Organizations must continually drive efficiency, manage costs and advance environmental, social and governance (ESG) ...