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 ...

Todd Abner is founder, president and CEO of OMNIA Partners, a leading group purchasing org. in the U.S. serving public and private sectors. Today’s purchasing teams face a procurement paradox: Many ...

For chief procurement officers and other procurement leaders, centralizing operations is often the preferred strategy. And it’s not difficult to see why: A centralized approach allows procurement to ...

Procurement transformation sounds straightforward: Modernize how your company sources goods and services to drive efficiency, savings, and speed. In reality, though, it can be one of the toughest ...

The Army’s new acquisition strategy—buy fast, in small quantities, then maybe buy a lot more—is causing headaches for at ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

Procurement teams across industries are embracing digital solutions to streamline operations, reduce costs and mitigate risk. A broad Economist Impact study, sponsored by SAP, reaffirms this shift by ...

If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...

Artificial Intelligence (AI) is taking center stage in 2023, with the emergence of generative tools such as ChatGPT, Bing Chat and Google's Bard, along with image generator tools like DALL-E 2, ...

Both now and in the future, an essential strategy for hospitality companies to achieve business growth is through procurement transformation. The digital realm offers a wholesale shift in how ...

GEP's chief marketing officer, Al Girardi, explained, "At a time when business is transforming procurement to mitigate inflation and global uncertainty, GEP's ability to integrate consulting, managed ...

For any organization, managing procurement on a grand scale is a delicate balance. For E&I, a 90-year-old U.S.-based group purchasing organization (GPO) catering to thousands of educational ...