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 ...

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 ...

Beyond cost savings: The strategic value of autonomous sourcing. By Justin Reynolds. May 14, 2025 4 mins. Digital Transformation BrandPost Sponsored by GEP ...

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

As Procurement Turns Strategic, Firms Inject AI, Analytics. Providers play crucial role in modernizing procurement systems for higher transparency, efficiency, resilience, ...

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