PROCUREMENT BLOG

In today's complex and interconnected global economy, the procurement function [...]

In any business function, one word often spells the difference between success and failure: collaboration. [...]

In procurement today, change is not just inevitable; it's a driving force. Procurement professionals are witnessing an enormous shift in the space. Factors such as

Is your procurement function on the cutting edge of procurement trends? If so, you're likely already differentiating your brand by [...]

A supplier produces raw materials used to create a product or service. A vendor sells the finished product directly to consumers. The key difference [...]

In the bustling hive of modern business operations, there's a critical process that keeps the wheels of commerce [...]

Just as every interaction consumers have with a brand form an overall perception of the customer [...]

If you work in business operations or supply chain management, you're surely familiar with the terms "procurement" and "purchasing. [...]

Adaptability and agility are increasingly important characteristics of today’s successful businesses. In procurement, category management (CM) is a key strategy to developing a flexible, nimble [...]

While direct procurement focuses on goods and services required for product creation, indirect procurement (IP) ensures the acquisition of everything else essential for company functioning...

From advanced analytics to vendor relationships, data takes the center stage in procurement and supply chain management [...]

Imagine walking into a negotiation with a vendor and being as unprepared as a comedian without a punchline. [...]