In the Economist Impact report, titled “Across the procurement-verse: Changing trends in the procurement function”, sponsored by SAP, surveyed executives share increased confidence in procurement to ...

SEATTLE--(BUSINESS WIRE)--Amazon Business (NASDAQ: AMZN) today released its 2024 State of Procurement Report, revealing that a majority of procurement teams expect their budgets to rise next year, and ...

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 ...

Businesses grow, change, and evolve due to technological advancement, continuous refinement of operational processes, and modernization of industry best practices. But true transformation often comes ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

In today’s complex healthcare landscape, Chief Financial Officers (CFOs) face constant pressure to optimize resources and maximize value. While clinical excellence is still paramount, a strategic ...

In my last article I pointed out possible downsides to consolidating control of original equipment manufacturer (OEM) purchasing into a corporate group. The message there wasn’t meant to be that ...

How AI is shifting global supply chains from reactive to predictive As global volatility intensifies, artificial intelligence is transforming supply chains from reactive, siloed operations into ...