After months of making her case, the chief procurement officer (CPO) of a major multinational walked out of the executive team meeting with a big win— approval for a customized manufacturing process ...

AI in procurement: Top benefits, use cases, and best practices Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office ...

The procurement process is an essential component of a business strategy since the capacity to acquire goods or services can influence the profitability of operations. This process, however, is often ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

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 ...

Construction procurement presents a variety of challenges for owners managing contractors. Common issues owners face include a lack of centralized platforms to manage contractors and contracts, ...

Elance Inc. on Monday will launch an upgrade of its services procurement and management software, adding so-called bill of services functionality that can provide users with more detailed information ...