Procurement teams with expertise in category management and supply relationship management play a pivotal role in the task of balancing supply and demand, an academic specialising in logistics has explained.
Value-eroding behaviours in supply chains such as fraud and gamification can be powerfully limited by emerging artificial intelligence (AI) technology,
As the year comes to an end, the focus has shifted to what the future holds for procurement. New technologies are to transform procurement,
Procurement is no longer held back due to lack of technology. Today, digital technologies are poised to transform procurement.
A new study from The Hackett Group has shown that leading procurement organisations that have comprehensively optimised their technology architecture
Most internal stakeholders in an organisation are under the misconception that procurement worries just about cutting costs.
As a result, departments