The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...

="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 ...

Honda Motor Europe has signed IBM on a five-year deal that will see the latter company manage and run the former firm's finance and procurement operations across Europe. Under the agreement, IBM plans ...

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 ...

For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

The federal subsidiary of CGI (NYSE: GIB) has secured a $250 million blanket purchase agreement to help the Justice Department operate and maintain an integrated technology platform for managing ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

Disruptions like Covid-19, supply shortages, global trade barriers, high customer expectations, and inflation all add tremendous pressure on supply chains to perform flawlessly while imposing added ...