Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

SEATTLE--(BUSINESS WIRE)--Amazon Business (NASDAQ: AMZN) today released its 2024 State of Procurement Report, revealing that a majority of procurement teams expect their budgets to rise next year, and ...

GEP's chief marketing officer, Al Girardi, explained, "At a time when business is transforming procurement to mitigate inflation and global uncertainty, GEP's ability to integrate consulting, managed ...

Data has an impact on almost every element of our lives, and professional procurement is no exception. As organizational cultures and tools advance, unlocking the potential of data and analytics will ...

While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...

AI—and specifically generative AI—has proven to be the most breathlessly hyped technology ever to hit the procurement function. When it burst onto the scene, it was trumpeted less as a technology and ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

ATLANTA--(BUSINESS WIRE)--As a result of continuous innovation and commitment to meeting customer needs, SpendHQ’s integration of its Spend Intelligence and Procurement Performance Management (PPM) ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

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 ...

Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...