According to Gartner, cost savings, procurement talent, and supplier risk mitigation are some of the priorities that enterprises must address to fulfill their business goals amidst unprecedented ...

Eldar Tuvey, is CEO and cofounder of Vertice, a spend optimization platform that saves companies up to 25% on their SaaS and cloud costs. The turbulence of recent years has underscored the critical ...

Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

Retaining talented staff is a never-ending challenge for every business, and the procurement function is no exception. Procurement professionals are highly sought-after, and likely to be targeted by ...

As the landscape of supply chains grows increasingly complex and data-driven, the role of artificial intelligence becomes more critical in streamlining procurement processes. A new generation of ...

Historically high inflation is creeping into all aspects of business operations—from rising supplier and raw material costs and shipping expenses to higher wages and indirect procurement costs. One ...

Agencies’ improved grades on the 18th FITARA scorecard reflect their growing commitment to enhancing their IT infrastructure and management practices. This iteration of the Federal IT Acquisition ...

I have spent my career working with and advising some of the world’s largest consumer brands and retailers on how to navigate change. Over the years I have seen procurement teams endure inflation ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.

As a professional one-stop sourcing partner since 2003, Market Union helps buyers reduce procurement risk by 40% with a ...

A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...