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If you’re a procurement leader, developing improved business strategies should involve advancing technology, increasing digital intelligence, and improving collaboration across in-house teams. Given ...

This year, the Department of Defense was authorized to spend $34 billion more on research and development than it was two years ago and only $18 billion more on procurement of new aircraft and ships.

="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 ...

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 ...

Andy Follows, Business Development Manager at Added Value Enterprises (AVE), Persistence and determination are key to ...

Procurement is a complex discipline that goes beyond selecting the right products for the right applications. Buyers also have to balance budgets, value, product quality, and delivery times when ...

A five-year procurement plan is vital for fleets to navigate changing regulations and tariffs, aligning operations with financial goals. To effectively manage costs, fleet operators must establish ...

The MarketWatch News Department was not involved in the creation of this content. Announcement follows a year of co-innovation between partners and procurement leaders to address the challenge of ...