Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

During COVID-19 pandemic, implant procedures slowed as elective surgeries were put on hold. Now, demand is ramping back up. With the resumption of demand, many hospitals, health systems and ambulatory ...

The aerospace supply chain is a complex system of multiple global suppliers that produce components across the entire aircraft ecosystem - frame, engine, integrated systems, etc. This system requires ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...

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 ...

Anyone who has taken even a passing glance at the news over the last year has become acutely aware of the supply chain. Empty grocery store shelves may be the first image that springs to mind, but ...

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 ...

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 ...

Eastman Chemical Co., a Kingsport, Tenn.-based manufacturer of chemicals, fibers and plastics, has aggressive goals for procurement of indirect goods and services (those not used in the production ...

The procurement function continues to see its value within organizations grow, yet there remains work to do as one-third of “C-suite executives lack the confidence in procurement’s abilities” ...