As boards and executive teams clamor for more resilient supply chains, CFOs need to support efforts by their procurement groups to design and execute a modern approach to strategic sourcing that ...

Over the past two decades, the main mission of procurement has expanded from cost maintenance and supply assurance to decision making and customer service, with supply chain management and analytics ...

While traditionally the goal of sourcing has been to identify and award a supplier that best meets the business requirements and is the most cost effective, in 2020, the game changed dramatically. As ...

The term offshoring continues to evoke mixed responses from executives and technologists alike. Business and IT leaders pursue offshore outsourcing for various reasons, but the key driver may be to ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

Spend aggregation gives way to new approaches in a tariff-driven supply chain Procurement is shifting from cost-driven spend aggregation to risk-adjusted sourcing strategies as tariffs, geopolitical ...

As global supply chains continue to face challenges in 2024, a potential paradigm shift in U.S. trade policy looms on the horizon. The prospect of dramatically increased tariffs—up to 60% on Chinese ...

CORK, Ireland--(BUSINESS WIRE)--Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution which, ...

For nearly 30 years, the state of California has recognized and attempted to remedy shortcomings in its procurement system. "It has long been recognized," states the Procurement Summary of last year's ...