Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

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 ...

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

Digitally mature areas such as procure-to-pay (P2P) and sourcing are obvious starting points. These processes are ...

Departments/schools can request that Purchasing and Strategic Sourcing perform a competitive bid or negotiate on their behalf. In addition to simply providing advice to departments and schools if they ...

In healthcare, delays or shortages in supplies can cost lives. That’s why managing the supply chain well isn’t just about saving money — it’s about saving lives too. According to the Centers for ...

If you read the August 28 entry to this blog you’ll recall that at one point in my career I was accused of being “too benevolent” by an executive level manager after broaching the idea of Extended ...

Humans have been fascinated with automation since the Dark Ages. The first major step toward automation in human history was the invention of the wheel, which enhanced transportation in a way that was ...

The Louisville, Ky., Free Public Library needs its security guards to do more than simply monitor the entrances to its buildings. "They have to respond to medical emergencies, address disruptive ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...

Material procurement covers the entire process from need identification through receipt and payment for goods, including supplier management. Sourcing focuses on identifying, vetting, and establishing ...