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 ...

The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in ...

Matthew McGuire, PharmD, manager of pharmacy supply chain and automation at University Hospitals Health System, based in Shaker Heights, Ohio, likes to put the problems encountered in the intricacies ...

The end result is technology handling the data-heavy, repetitive work so procurement professionals can focus on strategic decisions that move the business forward. In practice, this can look like an ...

Prior S&OP planning assumed supply was plentiful, and that forecasting could be done using historical demand. Thus, I realized that at least two special… Preparing supply chains for 2026 in 6 simple ...

When you spend and want your business to be successful and use resources wisely, you tend to check every operation. By tracking every penny, you ensure your business's efficiency. The integration of ...

Artificial intelligence (AI) in procurement refers to the use of AI to automate, improve, and streamline how companies buy goods and services. AI allows software to learn patterns, make decisions, and ...