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 ...

Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

Paper-based procurement has long been the way governments operate, and it does help ensure security and compliance. But it ...

The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

Among the countless insights to emerge in this era of sudden and accelerating digital transformation, your enterprise may have experienced the fragility of a supplier ecosystem that’s easily disrupted ...

LiveOnNY, a nonprofit organ-procurement organization for the greater New York area, told Crain’s that it has partnered with Queens-based MediSys Health Network to implement an automated organ-donation ...

Consider this real-life story: A procurement team was looking to modernize its operations. The team ran purchasing for a company with more than 4,000 employees, and it felt that its process could use ...

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 ...