Staying ahead in the procurement industry requires embracing new ideas that improve decision-making abilities while also streamlining the operations of a company. Businesses are taking a risk by ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Guy Yehiav The ...

Intake management is the process by which procurement teams receive, triage, and manage internal purchase requests from employees and business units. Think of it as the formal request portal or front ...

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 ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

Procurement and executive teams in the life sciences sector are facing increased pressure to adapt and optimize. Today, ensuring long-term business success requires more than just cost management — it ...

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

With Euna’s full-cycle procurement solution, Arlington Independent School District streamlined every stage of the procurement process, from sourcing and contracting management to purchasing and ...

Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a ...

Eastman Chemical Co., a Kingsport, Tenn.-based manufacturer of chemicals, fibers and plastics, has aggressive goals for procurement of indirect goods and services (those not used in the production ...