Procurement represents the lion’s share—as much as 80%—of overall costs in some industries, and companies like Wal-Mart and Apple have demonstrated that procurement leaders are cost leaders in their ...

Since 2020 and the arrival of the COVID-19 pandemic, we’ve all experienced how an unexpected event can have long-lasting impacts on operations worldwide. One of the biggest ongoing impacts of the ...

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 ...

Across the United States, state and local governments spend over $4.5 trillion each year. But against a backdrop of new federal priorities and global economic uncertainty, budgets are stretched ...

The green-purchasing movement in government is now in a mature stage, and at the state level procurement officials are finding new ways to make their states' operations more environmentally friendly ...

When everything is eventually tallied up, digital procurement could end up as a big pandemic winner. One of the latest examples comes from Seattle-based DemandStar. The e-bidding procurement platform ...

Procurement operations are vital to building a resilient supply chain, and sourcing is critical to that success. Disruptions, shortages and unforeseen circumstances like natural disasters and war are ...

Forbes contributors publish independent expert analyses and insights. I’m a founder, writer and lecturer focusing on VC funds. In a world where digital transformation has revolutionized nearly every ...

Establishing a legitimate procurement system for Afghanistan has been a major initiative of President Ashraf Ghani since he took office in 2014. He has taken the reins of a nation where trust in the ...

If your business has been trying to make its mark in the higher education market, understanding how procurement works can be a game-changer. That’s why we’re diving into the purchasing landscape of ...