Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...
Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.
The Louisville, Ky., Free Public Library needs its security guards to do more than simply monitor the entrances to its buildings. "They have to respond to medical emergencies, address disruptive ...
The concept of strategic sourcing can mean different things to different people, but essentially it is a more comprehensive, researched, planned and measured approach to procurement. As governments at ...
Procurement certainly has come a long way. The simple definition of "procure" that everyone knows is "to obtain, buy or acquire." A more complicated definition would be something such as "obtaining ...
A strong P2P process helps organizations save money, avoid risks, and build more strategic supplier partnerships. It keeps procurement activities aligned with company goals while reducing ...
This is an excerpt of the original article. It was written for the July-August 2019 edition of Supply Chain Management Review. The full article is available to current subscribers. If you’re a ...
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 ...
Kearney and Beroe have been working with 13 leading global procurement organizations to develop solutions that will provide uninterrupted visibility into where new value can be created, where it is at ...