AI has become everyone’s new favourite technology. A panacea that has become embedded across enterprise functions, from customer onboarding and compliance automation to operational risk management and ...

Data has an impact on almost every element of our lives, and professional procurement is no exception. As organizational cultures and tools advance, unlocking the potential of data and analytics will ...

In today’s complex healthcare landscape, Chief Financial Officers (CFOs) face constant pressure to optimize resources and maximize value. While clinical excellence is still paramount, a strategic ...

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 ...

="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 ...

In our first post on the this topic, we highlighted the implications of the $62-billion U.S. government program to incentivize utilities to embrace best practices for streamlining procurement ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Once relegated solely to the realm of cost-cutting and acquiring products and services, procurement—and the chief procurement officer (CPO)—is now increasingly viewed as a catalyst for driving ...

The COVID-19 pandemic brings about a remote work order to comply with social distancing requirements. The changes brought about by the pandemic are here to stay and will manifest into a new normal in ...

CPOs today are taking on a more strategic and proactive role aligned with the core organizational objectives—a trend accelerated by Covid-19. As companies around the world adjust to a changing ...