Local governments are under significant fiscal pressure due to rising inflation, deferred maintenance and infrastructure investments, staffing shortages, and constituent demands for digital services.

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 ...

An oil and gas expert, Goodluck Agbor Mfonnom, has said that strategic procurement and local content innovation remain the ...

STAMFORD, Conn.--(BUSINESS WIRE)-- Enterprises are expanding procurement strategies beyond cost reduction, seeking to optimize processes and reduce time to market, according to a new research report ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

CHICAGO--(BUSINESS WIRE)--BravoSolution, the strategic procurement company, continues to see rising demand for its suite of procurement technology and services. Globally, more than 70 new customers ...

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 ...

ATLANTA--(BUSINESS WIRE)--As a result of continuous innovation and commitment to meeting customer needs, SpendHQ’s integration of its Spend Intelligence and Procurement Performance Management (PPM) ...

Unlike traditional AI models that respond to specific inputs, agentic AI systems are capable of setting goals, making ...

Meet the leaders shaping procurement at France’s energy giants, building smarter, greener supply chains and influencing ...

="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 ...

How procurement leaders at Italy's top firms are driving FinTech and InsurTech innovation through strategic sourcing and ...