Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

With increasing pressures on bottom lines, organizations are looking at various ways to drive down costs. This has given a different definition to the way procurement has been functioning making it ...

A five-year procurement plan is vital for fleets to navigate changing regulations and tariffs, aligning operations with financial goals. To effectively manage costs, fleet operators must establish ...

All over the world, the capabilities of procurement organizations are being tested as never before. They are required to help their businesses deal with the impact of globalization, supply market ...

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 ...

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 ...