Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

Local governments are under significant fiscal pressure due to rising inflation, deferred maintenance and infrastructure investments, staffing shortages, and constituent demands for digital services.

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under 30. The term "AI" is everywhere, but for strategic sourcing and procurement ...

="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 ...

How can your company improve its supply chain by streamlining procurement through digitalization and automation? What steps are needed to get started? Most importantly, what’s the payoff? Driven by ...

The main types of procurement Procurement can be classified in several ways. Broadly, it can refer to what is being purchased, such as direct versus indirect procurement, as well as how the ...

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 ...

As the disciplined process of acquiring goods and services for operations, procurement typically manages between 50% to 70% of total company expenditures. That's a lot, and many organizations now ...