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 ...

Competition is fierce, clients are more demanding than ever, and on top of it all, there are talks of a recession making everyone hyper-sensitive to price. Under these conditions, you cannot increase ...

Maintaining an efficient and effective procurement process plays an essential role in meeting the operational and financial needs of the University. The Office of Strategic Procurement facilitates ...

Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under 30. The term "AI" is everywhere, but for strategic sourcing and procurement ...

Establishing a tailored carrier-selection process is the first step toward developing a strategic plan for the most efficient transportation system. No matter what a shipper’s carrier procurement ...

While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...

MIDDLETON, Mass., Sept. 22, 2020 /PRNewswire/ -- Quadrant Knowledge Solutions announces the addition of "SPARK Matrix™: Strategic Sourcing Application, 2020" to their strategic technology research ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...