LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the completion of their most recent whitepaper on the role of artificial intelligence in transforming ...

Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. As previously reported, procurement is gaining prominence in the ...

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 ...

For many years, the role of the procurement department in creating competitive advantage was overlooked. Rarely was it considered a significant source of cost savings or a driver of organizational ...

Regeneron SVP and CPO Matthew Everett is redefining procurement’s role to help the biotechnology company advance its global growth agenda. In just over two years, Everett has built the procurement ...

The development of supply chain management changes the relationships between companies providing goods to one another. This has affected the role of the purchasing function. Purchasing has ...

Procurement is no longer just a back-office function focused on cutting costs. The “2025 State of Procurement Data” report by Amazon Business reveals that procurement has become a strategic driver of ...

Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.

A new CPO report from Ardent Partners and Ernst & Young confirms that the procurement function is playing an increasingly important role in business success, particularly in best-in-class ...

It is more important than ever for manufacturers to ask themselves: Does my procurement team employ best-in-class practices, sophisticated tools with the right talent, and the necessary formal and ...