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 ...

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.

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 the last 50 years, purchasing has transformed from a transactional role into one that’s more strategic, aligned with long-term business requirements. Until mid-1970, the purchasing function played ...

Scaling AI across the procurement function and designing in greater resilience against geopolitical disruption are amongst ...

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 ...

The last year and a half has been tremendously disruptive to all kinds of businesses, particularly the retail industry. For most types of consumer retail stores, the pandemic scared regulars away, ...

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 ...

Kim Seong-han, Vice President in charge of Front-End (FE) Purchasing at SK Hynix, stated in an interview with the company's newsroom on the 22nd, "As supply chain risks and geopolitical issues expand, ...