Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

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

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 ...

If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

Santa Clara University’s Strategic Sourcing program is designed to create long-term value for the University by leveraging our collective purchasing power, fostering strong supplier partnerships, and ...

Procurement is at a defining moment. After decades of steady improvement driven by digitisation, process optimisation, and category management, this essential business function is now entering a new ...

Procurement is a complex discipline that goes beyond selecting the right products for the right applications. Buyers also have to balance budgets, value, product quality, and delivery times when ...

Giving sustainability practices a prime spot on the company’s procurement agenda helps reduce costs and improve brand reputation and stakeholder relationships. A recent report from Accenture and ...

Getting inventories right is hard—but why? In this age of advanced technology, ERP systems, and AI, one would expect companies to leverage these tools as a competitive advantage or, at the very least, ...