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 ...

Companies are increasingly struggling with procurement — the strategic process of acquiring goods and services to execute tasks across the organization. According to a recent survey from procurement ...

State and local governments spend more than $3.7 trillion every year on procurement. The federal government spent more than $750 billion in 2023. That’s nearly $4.5 trillion of taxpayer funds spent ...

KPMG’s Global economic outlook for the first half of 2023 illustrates the extent of uncertainty in business. Although the outlook for the global economy took a positive turn in the first half of 2023 ...

The average adult makes around 35,000 decisions each day, some conscious and others instinctive. Procurement professionals might feel this number is low, given all the factors they have to consider, ...

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 ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...

Public sector procurement stands at a crossroads, where the pressure to modernize systems meets the complex realities of government operations. Although the conversation often centers on replacing ...

The Gauteng government is launching its digital tender procurement system, TendaSwift, aimed at curbing corruption and providing equal opportunities for all suppliers submitting tender bids under the ...