Remember a kinder, gentler time when most people had no idea what a supply chain was or why it might matter to them. But after the emergence of Covid four years ago, daily life was disrupted in ...

New research from Institute for Supply Management® (ISM®) and Amazon Business reveals that while organizations are shifting toward balancing cost efficiency and supply chain resilience, most remain ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.

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 ...

Even as more organizations recognize the value of automating processes in controlling spend, many are not investing the necessary resources to do so. A recent survey from JAGGAER found that even as 75 ...

A previous blog, “Should Procurement Have a Seat at the Table?” is directly related to the question of organizational structure. Consequently, the issue presented in the title to this blog is one that ...

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 ...

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 ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

In the following article, from 2014, I discussed an organization-related issue that limits the overall positive impact the purchasing function can have on company financials. Specifically, the article ...