What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

Technology is fundamentally changing how organizations collect and act on real-world data. Companies across industries are realizing that manual processes, which once sufficed to meet a business’s ...

Forbes contributors publish independent expert analyses and insights. I cover logistics and supply chain management. GEP and the North Carolina State University (NCSU) Supply Chain Resource ...

Because direct procurement is tied to production output and customer demand, it has an immediate impact on revenue and the Cost of Goods Sold. Efficient direct procurement is vital since any shortage ...