It has been decades since the discipline of strategic sourcing transformed purchasing practices within most companies.

The company says it is open to engaging Lim and has instructed its legal advisers to reach out to him for information and documents concerning the requisition. Feb 1, 2025: Fu Yu’s board declines to ...

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business ...

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business contexts and challenges of each approach.

Effective procurement strengthens supply chain resilience, accelerates innovation through supplier collaboration, reduces operational risks, and improves working capital management.

The top challenges in direct procurement include maintaining a reliable supply chain for critical items, managing raw material price volatility, and ensuring quality control of incoming materials.

Juici Patties, Domino's, and other fast-food chains use AI data analysis to optimize inventory and increase sales.

As supply chain-focused businesses look to address concerns around challenges such as inflation and sustainability costs, ...

Third-party vendors are a well-known risk but they are often not the last point in the supply chain and cybersecurity leaders ...

Procter & Gamble (P&G), the maker of such household brands as Gillette, Tide, Bounty, and Pampers, hit the headlines last week when it announced that would be axing around six percent of its global ...