Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.
In today's complex government contracting landscape, the role of a procurement specialist is essential to ensure that agencies acquire the necessary goods and services while adhering to regulations.
The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. As previously reported, procurement is gaining prominence in the ...
AI in procurement: Building the foundations for the next era of impact Procurement leaders can only unlock AI’s full value by modernizing data, redesigning processes, and upskilling teams; treating AI ...
Subscribe to BizTimes Daily – Local news about the people, companies and issues that impact business in Milwaukee and Southeast Wisconsin. Glendale-based multi-industrial firm Johnson Controls Inc.
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 ...
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Beyond three quotes: The strategic role of procurement

In the ever growing and increasingly important procurement industry In Ghana, as in many parts of the world, there seems to ...
LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...
Supply chains have faced a series of shocks in recent years, from pandemic lockdowns to geopolitical war and sudden shifts in consumer demand. In every case, the events have shown just how vulnerable ...
In a separate post, we discuss how President Trump’s Executive Order (EO) 14240 (Mar. 20, 2025) will affect federal purchasing of information technology. EO 14240 may also change how the federal ...