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 ...

Major companies have recognized the importance of investing in procurement performance management. In recent years, procurement’s role transformed from solely cost focused to one that is more vital.

In today's complex government contracting landscape, the role of a procurement specialist is essential to ensure that agencies acquire the necessary goods and services while adhering to regulations.

The 2024 Economist Impact report highlights the strategic importance of procurement in managing risk and driving sustainability. As previously reported, procurement is gaining prominence in the ...

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 ...

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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Barbara Allen does not work for, consult, own shares in or receive funding from any company or organization that would benefit from this article, and has disclosed no relevant affiliations beyond ...

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 ...