Like several other studies in the past few months, research from The Hackett Group found that cost reduction is now the top priority for procurement professionals. Last year's number-one item, supply ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

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 ...

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

MIAMI--(BUSINESS WIRE)-- Improving spend cost reduction has taken over the top priority spot for procurement executives for the coming year, as companies face concerns over their ability to continue ...

Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

A new study, "E-Procurement: Trials and Triumphs," released by Aberdeen, reports that E-procurement has improved cost savings and can streamlining internal processes while enhancing supplier ...

When companies consider the impact of today's tariffs, their first thought is often bottom-line costs and short-term hits to earnings. Managing costs is certainly important, but an overlooked and ...