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 ...

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 ...

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 ...

The procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

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 ...

Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a ...

A five-year procurement plan is vital for fleets to navigate changing regulations and tariffs, aligning operations with financial goals. To effectively manage costs, fleet operators must establish ...

The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organisations. It is key to note that the procurement ...

Procurement teams are trying to apply yesterday’s toolkit to solve tomorrow’s problems. Pressing internal challenges include system complexities, supply network vulnerabilities, and evolving customer ...