Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...
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 ...
AI has become everyone’s new favourite technology. A panacea that has become embedded across enterprise functions, from customer onboarding and compliance automation to operational risk management and ...
Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.
When you think of Coca-Cola, what comes to mind? A caramel-colored carbonated beverage that provides you with a pause that refreshes during work and play? Or perhaps it’s that uniquely shaped bottle ...
Where does your business stand on a procurement maturity level? If you want to improve something, a good first step is to evaluate where you are and determine your strengths and weaknesses. The ...
For many years, the role of the procurement department in creating competitive advantage was overlooked. Rarely was it considered a significant source of cost savings or a driver of organizational ...
With a renewed focus on "doing more with less," many organizations are looking at how the adoption of lean processes can increase efficiency and thus grow their bottom line. Lean programs within ...
LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their tail spend management study for a global consumer goods ...
Progress in generative AI (GenAI) is poised to impact the procurement function globally through advancements in three areas, according to a new report. Agentic reasoning, multimodality, and AI agents ...