Despite a rapidly changing business environment, many procurement teams are locked in organizational silos that were ...

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

AI can analyze vast amounts of spending data, identify patterns and produce valuable insights that help humans make better ...

There’s always been procurement in supply chains — but today’s CPO is a whole different animal.

For businesses to achieve greater success, they must prioritize improving their procurement processes to enhance efficiency ...

Finding ways to collaborate with fellow institutions and corporate partners can lead to cost savings when purchasing ...

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

A new Global Sourcing Risk Index from Proxima, developed in collaboration with Oxford Economics, examines the sourcing landscape, which is littered with a range of challenges. The index is helping ...

Actionable insights for transforming procurement from a cost center into a strategic R&D enabler The talk will take place at the R&D Procurement & Sourcing in Pharma Summit at 10:00 a.m. on June 26.

For procurement professionals, this move highlights the increasing demand for sustainable sourcing strategies and supply chain transparency. In a move that could set a precedent across Europe, the ...

The next step is to define your procurement objectives and priorities, based on your business strategy, customer needs, and market conditions. You can use data and analytics to align your sourcing ...