The procurement function is no longer limited to buying goods and services. It is now a strategic play and has become integral to a company's success. With a market rife with volatility, from price ...

Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...

The General Services Administration will transition the Federal Procurement Data System’s reports function to beta.SAM.gov starting Feb. 1, 2020. FPDS reports users will use a new tool, MicroStrategy, ...

Data has an impact on almost every element of our lives, and professional procurement is no exception. As organizational cultures and tools advance, unlocking the potential of data and analytics will ...

A federal watchdog flagged this week that nearly three dozen federal agencies did not consistently certify their procurement data as required, raising concerns about oversight of federal contract ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. Companies of all sizes look for opportunities to harness the potential of digital ...

In 2023, Oklahoma’s Office of Management and Enterprise Services (OMES) took a major step toward modernizing its procurement oversight, implementing a process intelligence platform from Celonis. Since ...

For years, journals have published articles with general observations about “current IT trends,” but this article highlights the impactful effects of four IT dynamics on data center facility ...

It’s no secret that today’s tight labor market and inflated prices have pressured corporate leaders to cut costs. This is particularly true for large enterprise manufacturers with multiple unique ...

Chief procurement and financial officers (CPOs/CFOs) have a wealth of data they can use to optimize processes. Today, the average enterprise collects data from 400 different sources, and data growth ...