="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

Procurement is a complex discipline that goes beyond selecting the right products for the right applications. Buyers also have to balance budgets, value, product quality, and delivery times when ...

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 ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

Borrowers are government clients of the World Bank that receive financing for public sector development projects. Borrowers are responsible for managing the procurement process, which includes ...

Many business leaders are being forced to reimagine their organizations' supply chain strategies. In my view, procurement is no longer regarded as a back-office cost center—rather, it's a strategic ...