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 ...
Scaling AI across the procurement function and designing in greater resilience against geopolitical disruption are amongst four key procurement trends for 2026, says supply chain consultancy Inverto, ...
="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 ...
While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...
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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 ...
Members from Amtrak police, Transportation Security Administration and local law enforcement agencies participate in Operation RAILSAFE at Washington, D.C.'s Union Station on Sept. 3, 2015. (Official ...
China’s newly released 15th Five-Year Plan (2026–2030) proposal, unveiled after the Fourth Party Plenum in October 2025, not ...
Long-term strategic business planning is necessary for company growth and success, explains Entrepreneur magazine. Business plans provide companies with the tools to track growth, establish a budget ...
Denver, Colorado--(Newsfile Corp. - June 14, 2023) - Renowned e-commerce service brand TKOKI has recently unveiled a multi-item procurement service agreement specifically tailored for TikTok sellers.
A business needs to have both a strategic plan and a budget. The strategic plan lays out the direction and goals of the business and guidelines for actions to achieve those goals, while the budget ...
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