Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...
The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...
More than 66% of procurement professionals say that navigating supply chains was the biggest point of strain in the procurement process throughout the COVID-19 pandemic, according to an ongoing survey ...
For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.
Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...
What many SEOs underestimate when they get into working for an enterprise company is that there is more to the job than just optimizing the website. Most corporations have strict procurement processes ...
Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a ...
Set against a challenging timeframe, the State of Oklahoma faced a large - and potentially expensive - challenge in 2023: audit the procurement practices of all 118 state agencies within six months.
Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...