According to Gartner, cost savings, procurement talent, and supplier risk mitigation are some of the priorities that enterprises must address to fulfill their business goals amidst unprecedented ...
Eldar Tuvey, is CEO and cofounder of Vertice, a spend optimization platform that saves companies up to 25% on their SaaS and cloud costs. The turbulence of recent years has underscored the critical ...
With electricity demand projected to rise 25% by 2030 and 78% by 2050 from 2023 levels, utilities are facing a perfect storm—aging infrastructure, ...
Why do traditional supply chain processes need blockchain? Traditional procurement and supply chain processes can be manual, scattered, inefficient and complex. The use of blockchain in procurement ...
Retaining talented staff is a never-ending challenge for every business, and the procurement function is no exception. Procurement professionals are highly sought-after, and likely to be targeted by ...
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 ...
AI-powered procurement software is helping teams automate repetitive tasks, improve spend visibility, and reduce costs.
Bid protests against a procurement process often center around claims of bias that result in flawed selection decisions. For example, the Government Accountability Office (GAO) put out a report in ...
I have spent my career working with and advising some of the world’s largest consumer brands and retailers on how to navigate change. Over the years I have seen procurement teams endure inflation ...
Agencies’ improved grades on the 18th FITARA scorecard reflect their growing commitment to enhancing their IT infrastructure and management practices. This iteration of the Federal IT Acquisition ...
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Procurement leaders talk about how AI is changing the way they plan, report, and solve problems
Procurement is an integral function within companies, but today's global supply landscape demands that it go beyond its traditional cost-cutting mandate to be a strategic partner. "Resilient Growth: ...
A recent report from the Association of Certified Fraud Examiners estimates that occupational fraud costs almost $200,000 per incident. Unmonitored supply chains, underlying inventory assets, a host ...
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