Articles
Procurement
Be Prepared, Post-Pandemic
The events of 2020 pulled back the curtain on procurement and supply chains. Despite lessons learned, are organizations and procurement teams any better equipped to handle another ‘black swan’ event?
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Team Up to Deter Supplier Fraud
Despite their best technology and efforts, finance leaders continue to battle the ever-evolving tactics of fraudsters. A key reason is that finance’s fraud management strategies are seldom considered in the context of supplier information. Their peers in procurement, meanwhile, manage supplier information daily but the processes they use aren’t designed to prevent fraud.
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The Benefits of Procurement Technology Platforms: A Closer Look at Return on Investment
Businesses can achieve transformational efficiencies and returns on investment with procurement technology platforms. Here’s how one company pulled off its digital transformation.
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4 Tips for Procurement Logistics Pros to Weather Economic Storms
For logistics procurement, the past 12 months have been a continual, yet perfect storm. First, the pandemic exposed a decades-old model based on low transportation costs. Then the conflict in Ukraine created a fresh set of problems, including a huge spike in energy prices. The relative certainty that procurement and supply chain organizations enjoyed at […]
Read More4 Ways Procurement Will Evolve in 2023
It may be easy for procurement professionals to have a dampened outlook for 2023 due to ongoing supply chain disruption and a potential recession looming. Despite these market conditions, there remains cause for optimism, as procurement leaders uncover opportunities to help their organizations navigate bumps in the road.
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