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 ...
Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.
ATLANTA & BOSTON--(BUSINESS WIRE)--Current economic pressures make procurement’s overall impact even more crucial for organizations, yet work remains to enhance the function’s operational efficiency ...
The Senate Committee on Homeland Security and Governmental Affairs advanced the AGILE Act of 2022 in an effort to help improve the federal government’s IT procurement process. The Advancing Government ...
Procurement and IT departments get a bad rap for many stereotypes: focusing too heavily on requirements bingo, always harping about cost reduction initiatives, being demanding towards their partners, ...
Ask almost any chief procurement officer (CPO), and, more than likely, they’ll shruggingly admit that procurement—that business-critical function of sourcing and paying for goods and services—is far ...
In the post-pandemic world, digital transformation just means progress. Technology underpins every aspect of a business’s performance – how it operates and innovates, engages customers, connects with ...
Historically, procurement teams have had to deal with multiple structured and unstructured databases. To make decisions based on facts and acquire a competitive edge, procurement teams require the ...
For owners and managers of industrial facilities, optimizing asset performance in a dynamic and complex operation environment is a constant challenge—trying to maximize performance while maintaining ...
ATLANTA--(BUSINESS WIRE)--As a result of continuous innovation and commitment to meeting customer needs, SpendHQ’s integration of its Spend Intelligence and Procurement Performance Management (PPM) ...