Environmental sustainability objectives have rapidly become a top CEO priority. Achieving these objectives requires a shared responsibility approach: responsible use by organizations, coupled with ...

The past several months have been challenging for retail. From an 8.7 percent dip in sales in March, to the recent back-to-school shopping season experiencing reduced demand — the COVID-19 pandemic ...

The internal audit organization of every company is moving beyond their traditional role. Often construed as an in-house “police,†internal auditors are increasingly becoming involved in various ...

You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest article on the challenges for strategic sourcing.

Per the formal definition, an OEM having a strategic sourcing function makes a lot of sense. Why? Because it is important to select suppliers that will increase your own company’s competitiveness. My ...

Accurate financial planning and disciplined spending are hallmarks of successful businesses. They’re also perpetual challenges for the planning and sourcing teams, which often find it difficult to ...

In my last post, I talked about three key areas of the procure-to pay-process. Now I would like to dig a little deeper into the first of those Ps — the procuring part. Your procuring/purchasing ...

From 2014 to 2016 approximately 2,300 enterprises sourced parts of their business functions within Germany or abroad. These were 3.5% of the roughly 67,000 enterprises with 50 employees and over in ...