SEATTLE--(BUSINESS WIRE)--Amazon Business (NASDAQ: AMZN) today released its 2024 State of Procurement Report, revealing that a majority of procurement teams expect their budgets to rise next year, and ...

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 ...

For many years, companies have been actively investing in procurement automation. It all started with the introduction of specialized software applications for automating internal business processes.

Editor’s note: Procurement Pulse is a monthly look at a topic or trend that is impacting the procurement function at organizations of all sizes. If you are interested in future topics, you can see a ...

Procurement is undoubtedly the lifeline of your business, ensuring the delivery of quality goods and services to your customers. However, this crucial business function can often become overwhelming ...

Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...

AI—and specifically generative AI—has proven to be the most breathlessly hyped technology ever to hit the procurement function. When it burst onto the scene, it was trumpeted less as a technology and ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

The Niger Delta Development Commission (NDDC) continues to push for transparency in the journey from transaction to ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...