Procurement is facing a moment of reinvention. As supply chains become more digital, complex, and customer-driven, the traditional focus on cost reduction is giving way to a broader mandate: deliver ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

Today’s value-based care models emphasize the importance of delivering high-quality care at a reasonable cost, rather than paying for treatment based solely on the volume of services provided. By ...

In today’s economic climate—between supply chain snags, a downturned economy, inflation, the skills gap and more—cost reduction is top of mind for many procurement teams. One silver lining is that the ...

A new study, "E-Procurement: Trials and Triumphs," released by Aberdeen, reports that E-procurement has improved cost savings and can streamlining internal processes while enhancing supplier ...

Sabura // Shutterstock Material procurement explained: Process, strategies, and benefits Getting the right materials at the right time and price is incredibly important for any successful business.

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Travel and hospitality buyers are embracing new approaches to deliver wide-ranging benefits and transform the guest experience. At a time when hospitality companies continue to struggle with staffing, ...

Material procurement explained: Process, strategies, and benefits Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement ...