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Starved for resources?

Sustainable procurement now has management's attention. But a recent study finds that executives may not be willing to commit the human and financial resources needed for such programs to succeed.

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The window is open for real gains in supplier diversity

Diverse suppliers often have innovative ideas that make them stand out from the crowd. Procurement must use its influence and seek them out.

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As minimum wages rise, procurement must be ready to respond

With 21 U.S. states increasing their minimum wages in 2017, expect to see some suppliers asking for a price hike.

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Procurement: It's time to automate!

Fintech services can free up time for procurement professionals to focus on more strategic tasks.

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Going through a merger? Procurement plays an important role

The procurement department is indispensable when it comes to delivering the savings promised by a corporate merger.

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Tackling the tactical with procurement outsourcing

Outsourcing tactical procurement can help companies focus on adding value.

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Indirect spending worthy of direct attention

If your procurement organization isn't managing your indirect spend, then you're missing out on a significant source of cost savings.

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An ethical supply chain doesn't just happen

An ethical lapse can harm not just a company's reputation but also its bottom line. Chief procurement officers need to make sure they have an ethics policy in place that is up-to-date and well communicated.