When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...

Governments buy a lot of stuff. Every year, one out of every three dollars governments spend goes toward purchasing something -- from photo copier ink to new vehicle fleets -- to help provide services ...

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.

Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement ...

Analyst Insight: As mandatory greenhouse gas (GHG) reporting requirements become more prevalent, corporations must prioritize sustainable sourcing to manage their Scope 3 emissions. As the world ...

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 ...

A staged roadmap turns pilots into lasting capability. Starting with low-complexity, high-impact use cases and scaling with human-in-the-loop governance helps procurement teams build trust, improve ...