Minnesota’s Office of Enterprise Sustainability works to reduce energy and asset waste among the state’s government agencies. Established in 2017 and reaffirmed recently by Gov. Tim Walz, the office ...

Today’s chief procurement officers (CPOs) face a dramatically different landscape than their predecessors. While once relegated to the role of tactician, CPOs are now expected to be strategic leaders ...

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 ...

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 ...

Enterprise buying does not usually start with a vendor conversation anymore. It starts earlier, in quieter places, with decisions that do not feel like buying at all. Someone decides a shared device ...

Predictive procurement is set to be a key theme for procurement professionals in 2025, as they seek to gain greater insight into likely future demand and pricing trends in an uncertain economic ...

When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Modern procurement software streamlines complex approval workflows, tracks real-time inventory, and stops costly vendor ...

GeM is targeting growth of around 10-20 percent during the year, although Kumar said transaction value alone was not the platform's principal measure of success ...