It has been decades since the discipline of strategic sourcing transformed purchasing practices within most companies.

Faced with inflation, labor shortages and mounting infrastructure needs, local governments must find smarter ways to manage ...

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business ...

Strategic sourcing requires new thinking and new skills, which translates to investments in upskilling and, in some cases, hiring new specialists (e.g., data analysts).

Strategic sourcing is a supply management tool that delivers significant cost reductions and other benefits, the Institute for Supply Management says. While traditional purchasing focuses on ...

Finding ways to collaborate with fellow institutions and corporate partners can lead to cost savings when purchasing ...

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 minds ...

At a broader level, adopting strategic sourcing practices — including category management and bulk procurement — enables the government to leverage its collective buying power. For common goods and ...

Strategic sourcing, spending data management and supplier risk and performance management are among the most common outsourced functions, while procurement technology management and sourcing ...

SIOUX FALLS, SD / ACCESS Newswire / June 18, 2025 / Avel eCare, a leading provider of telemedicine services, today announced ...

STAMFORD, Conn., April 28, 2025--Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, ISG says.