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 ...

The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Guy Yehiav The ...

Have you ever wondered about the process it takes to maintain a stockpile of parts to keep the Army in the fight? Not a lot of people have. Army Materiel Command tasked its subordinate commands, ...

Among the countless insights to emerge in this era of sudden and accelerating digital transformation, your enterprise may have experienced the fragility of a supplier ecosystem that’s easily disrupted ...

As the federal government continues defining its rollout of new tariffs, procurement professionals are keeping a close eye on how shifting trade policies will impact prices, supply chains and existing ...

Sharing information and a focus on synergistic outcomes will lead to better results for your company. Imagine this scenario: You're a custom home builder and a family comes in with specific requests.

Washington — Health and Human Services Secretary Robert F. Kennedy Jr. announced on Thursday new action to reform the nation's organ transplant system, as well as a move to decertify an organ ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...