Companies using AI thoughtfully in procurement aren't replacing people; they're freeing those people to do higher-value work.

As we enter 2025, procurement leaders face unprecedented transformation opportunities alongside complex challenges. Digital acceleration is reshaping traditional processes, while economic pressures ...

Most companies spend millions, yet few truly see where it all goes. Some of it is tracked, some is managed, and some slips through the cracks. That visibility gap is exactly what Spend Under ...

New capabilities unlocked by advanced analytics, AI, and machine learning enable smarter business buying. In partnership withAmazon Business Procurement professionals face challenges more daunting ...

Inflation, economic instability, materials and labor shortages, climate change—almost any disruption you can imagine is a pressure point that makes procurement and supply chain management ...

In a rapidly evolving global landscape, procurement is no longer simply concerned with cost savings and efficiency. Now, building resilient partnerships and maintaining shared values that can support ...

In the last 50 years, purchasing has transformed from a transactional role into one that’s more strategic, aligned with long-term business requirements. Until mid-1970, the purchasing function played ...

Companies have ambitious plans for rapidly digitizing the procurement function, especially through emerging technologies like AI. That was a finding of a study that we conducted with Digital ...

The World Bank’s Global Public Procurement Database (GPPD) captures data about country procurement and e-Procurement systems at a global level. The aim of the GPPD is to promote procurement reform and ...

In 2019, my colleague Matt Harris coined the term “embedded fintech” to describe how virtually all software-driven companies will soon embed financial services into their applications, from sending ...

Tiberius Aerospace unveiled Sceptre, a 155mm artillery shell with an extended range. The startup's open-platform model licenses the design to governments for local production. It's an approach that ...