The headline of one of my previous articles, “The Most Unenviable Job in Purchasing,” sums up my negative view of a purchasing department’s strategic sourcing function. In my experience, the solitary ...

Departments/schools can request that Purchasing and Strategic Sourcing perform a competitive bid or negotiate on their behalf. In addition to simply providing advice to departments and schools if they ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

Strategic sourcing is a comprehensive approach to identifying, selecting and managing suppliers of raw materials or services. The focus isn’t just on price, but also on the supplier's overall value, ...

CORK, Ireland--(BUSINESS WIRE)--Keelvar, a global pioneer of intelligent sourcing optimization and automation solutions, today launched the next-generation of its Autonomous Sourcing solution which, ...

Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under 30. The term "AI" is everywhere, but for strategic sourcing and procurement ...

Supplier dependency is a potential pitfall for drug companies, according to researchers who say a strategic approach to bioprocess technology sourcing is vital. Competition in the single-use ...

U.S. copper demand is projected to double by 2035 due to the clean energy transition. In its new white paper, “A Strategic Sourcing Framework to Meet U.S. Copper Demand for the Clean Energy Transition ...

Vizient®, the nation’s largest provider-driven healthcare performance improvement company, announces Southern Strategic Sourcing Partners (S3P), an aggregation group supported by Vizient, has ...

The Army Contracting Command (ACC) selected Sev1Tech to support the Army's Responsive Strategic Sourcing for Services (RS3) Program Office. Under the contract, Sev1Tech will provide support services ...