="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 ...

In a rapidly evolving global landscape, procurement is no longer simply concerned with cost savings and efficiency. Now, building resilient partnerships and maintaining shared values that can support ...

The concept of sole sourcing is as old as that of strategic sourcing. Call it vendor consolidation, volume concentration, or reduction of part-number proliferation, the endgame is always the same: ...

Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...

Discover how AI Procurement Solutions leverage reasoning engines to make smarter, faster procurement decisions and drive operational efficiency The Silicon Review.

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

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 ...

Tariffs act like a sudden change to cross-market “transshipment cost”—they raise the effective price of moving components or finished goods across borders. Classic operations models predict that when ...

Procurement is a complex discipline that goes beyond selecting the right products for the right applications. Buyers also have to balance budgets, value, product quality, and delivery times when ...

In the ever growing and increasingly important procurement industry In Ghana, as in many parts of the world, there seems to ...