Procurement is facing a moment of reinvention. As supply chains become more digital, complex, and customer-driven, the traditional focus on cost reduction is giving way to a broader mandate: deliver ...

="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 ...

Today’s chief procurement officers (CPOs) face a dramatically different landscape than their predecessors. While once relegated to the role of tactician, CPOs are now expected to be strategic leaders ...

Travel and hospitality buyers are embracing new approaches to deliver wide-ranging benefits and transform the guest experience. At a time when hospitality companies continue to struggle with staffing, ...

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 ...

As employers and patients struggle with rising prescription drug costs and limited pricing transparency, several solutions have emerged to help lower expenses. One approach is the cost-plus model, ...

The 2025 U.S. Open delivered a master class for golfers and procurement leaders alike. When thunderstorms on June 15 transformed golf's most demanding major into what many called "unplayable", J.J.

Discover how purchasing systems streamline inventory management, control costs, and ensure efficient purchasing from requisition to payment.

The construction industry has consistently demonstrated remarkable adaptability through cyclical changes, and today's market conditions present new opportunities for innovation and growth. While ...

There are times we must pause and reconsider our assumptions about technology. The internet, the iPhone, the Cloud—each of these transformative innovations challenged conventional wisdom. And each, in ...