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 procurement process is composed of symbiotic moving parts. When components don’t communicate efficiently, breaks in the supply chain occur, causing costly errors, lost time and missed ...

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 ...

Digitally mature areas such as procure-to-pay (P2P) and sourcing are obvious starting points. These processes are ...

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 ...

In healthcare, delays or shortages in supplies can cost lives. That’s why managing the supply chain well isn’t just about saving money — it’s about saving lives too. According to the Centers for ...

What is procure to pay, and how does it work? Every purchase your company makes follows a journey. It starts when someone needs something and ends when you pay the invoice. This journey, called ...