Kim Seong-han, Vice President in charge of Front-End (FE) Purchasing at SK Hynix, stated in an interview with the company's newsroom on the 22nd, "As supply chain risks and geopolitical issues expand, ...
Supply chains have faced a series of shocks in recent years, from pandemic lockdowns to geopolitical war and sudden shifts in consumer demand. In every case, the events have shown just how vulnerable ...
Scaling AI across the procurement function and designing in greater resilience against geopolitical disruption are amongst ...
Procurement is no longer just a back-office function focused on cutting costs. The “2025 State of Procurement Data” report by Amazon Business reveals that procurement has become a strategic driver of ...
The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. For most types of consumer retail stores, the pandemic scared regulars away, ...
The General Services Administration’s work to lead the overhaul of how federal agencies acquire goods and services has included much discussion around the role of artificial intelligence in that ...
LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...
In a separate post, we discuss how President Trump’s Executive Order (EO) 14240 (Mar. 20, 2025) will affect federal purchasing of information technology. EO 14240 may also change how the federal ...
A smart public procurement ecosystem featuring end-to-end digitalization, data sharing and intelligent oversight will significantly reduce the possibility of rent-seeking, lower institutional ...
For many years, the role of the procurement department in creating competitive advantage was overlooked. Rarely was it considered a significant source of cost savings or a driver of organizational ...
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