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

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

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

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

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

With state and local jurisdictions everywhere facing continued budget difficulties, strategic sourcing could play a pivotal role in government purchasing practices. State officials already involved in ...

While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...

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 ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

In business, financial results are where the rubber meets the road. Supply-management-related financial risks—which result in reduced profitability—are intertwined with the supply chain risk areas ...

Managing resin costs in today''s volatile pricing environment is critical to profitability, and Bill Bowie is committed to helping molders get a handle on purchasing strategies to get the best price.