The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...

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 ...

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 teams are trying to apply yesterday’s toolkit to solve tomorrow’s problems. Pressing internal challenges include system complexities, supply network vulnerabilities, and evolving customer ...

Over the years I have been fortunate to collect a wealth of both academic knowledge and professional experience in sourcing management. I have witnessed how the perception of procurement contribution ...

It’s a common misconception that procurement in business is all about saving money. While savings do play a role in procurement, there are many other factors that business executives must pay ...

Forbes contributors publish independent expert analyses and insights. I’m a founder, writer and lecturer focusing on VC funds. In a world where digital transformation has revolutionized nearly every ...