Fortunately, buyers can implement proven strategies to optimize their safety procurement selections, benefiting both the ...

Digital technologies will radically change how your procurement organization does business, so reconstruct your current processes with IoT in mind. For most consumers, making purchases has never been ...

The world’s leading global companies are looking to the sourcing and procurement function to do a lot more than cut the price of supplies. Procurement continues to be under intense pressure to ...

An organization’s procurement practice can help offer competitive advantages by embracing new processes and adopting new technologies that give it a greater strategic role, ...

The procurement organization's underlying structure is just as important. Adopting one that aligns with long-term business goals and daily operations can help your company function properly.

Per the 2021 GAO report, procurement organizations' outcome measures should track (1) cost savings / avoidance, (2) timeliness of deliveries, (3) quality of deliverables, and (4) end-user ...

As organizations navigate this transformative journey, they see how their legacy business systems challenge progress, prompting procurement leaders to search for digital solutions to overcome ...

According to the Deloitte survey, 75% of leading procurement organizations already use some form of supplier risk scoring in sourcing processes. ...

MIAMI& LONDON---- Through full deployment of digital tools, typical procurement organizations can reduce operational costs by up to 45%, achieving efficiency levels below those of today’ s world ...

For 2015, the top priority of procurement organizations is to elevate their role to more of a trusted advisor in support of improved enterprise agility, according to new Procurement Key Issues ...

Organizations also benefit from tracking indirect procurement by category and department, analyzing this data to identify opportunities to cut costs or consolidate suppliers.

Amazon Business’ 2025 State of Procurement Survey finds that 99% of organizations report having specific ESG goals, with the majority of decision-makers (63%) and senior leaders (61%) stating ...