When talking to executives within the space, the conversation generally begins with definitional matters: are we talking logistics here? Or contracts? Which hat should I wear? But how different are ...

Although supply chain purists might disagree, the conventional wisdom for many years has been that the focus of the procurement department has been controlling and reducing costs. While that role will ...

Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...

Supply chain professionals have long known that sustainability must be a key piece of their strategy. After the last three years of disruptions, shortages, and instability, the capacity for supply ...

In this month's issue of Supply Chain Management Review, we look at how procurement operations can break free from legacy silos. Plus, Procter & Gamble provides an inside look at how it is leveraging ...

In the last 50 years, purchasing has transformed from a transactional role into one that’s more strategic, aligned with long-term business requirements. Until mid-1970, the purchasing function played ...

Supply chain pressures have eased significantly since the pandemic, but procurement professionals are still mindful that they must prepare for the worst. The Global Supply Chain Pressure Index, which ...

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 ...

For all the differences between procurement, with its pragmatic, quantitative and best-price-for-best-supply mindset, and human resources, with its qualitative approach to the organization’s people ...

According to Brett Fultz, director of global analytics, global procurement and supply chain at Coca-Cola, artificial intelligence (AI) and machine learning tools have become indispensable in order to ...

From optimizing costs and managing risks to embracing sustainability and advanced technologies, the landscape of supply chain management is on the cusp of significant change. Geopolitics, shifting ...

Procurement ensures companies secure needed goods/services efficiently. Well-organized paperwork aids in tracking costs and maintaining supply. AI is increasing efficiency in procurement processes, as ...