Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...

LONDON--(BUSINESS WIRE)--SpendEdge, a global procurement intelligence advisory firm, has announced the completion of their most recent whitepaper on the role of artificial intelligence in transforming ...

Santosh Nair, chief product officer with GEP, explains how artificial intelligence is helping to drive “orchestration” in the procurement function. The word “orchestration” means the ability to align ...

Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.

It is more important than ever for manufacturers to ask themselves: Does my procurement team employ best-in-class practices, sophisticated tools with the right talent, and the necessary formal and ...

Progress in generative AI (GenAI) is poised to impact the procurement function globally through advancements in three areas, according to a new report. Agentic reasoning, multimodality, and AI agents ...

As the General Services Administration continues to develop a one-stop website for all federal contracting at beta.SAM.gov, the main reporting functions of the Federal Procurement Data System, or FPDS ...

When you think of Coca-Cola, what comes to mind? A caramel-colored carbonated beverage that provides you with a pause that refreshes during work and play? Or perhaps it’s that uniquely shaped bottle ...