Can strategic procurement be a catalyst of change in business? Two enterprise practitioners believe it can, and they have seen how enabling and embracing data-driven procurement with a strategic ...
Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under 30. The term "AI" is everywhere, but for strategic sourcing and procurement ...
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Beyond three quotes: The strategic role of procurement

In the ever growing and increasingly important procurement industry In Ghana, as in many parts of the world, there seems to ...
Supply chain resilience and AI readiness start with location-based data Supply chain resilience and AI readiness increasingly depend on source-level and location-based data that gives organizations ...
While small businesses have grown by 27.5% nationwide, many are finding that their procurement functions are stagnating. But this isn’t a reflection on the employees responsible for purchasing or of ...
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 ...
Members from Amtrak police, Transportation Security Administration and local law enforcement agencies participate in Operation RAILSAFE at Washington, D.C.'s Union Station on Sept. 3, 2015. (Official ...
Long-term strategic business planning is necessary for company growth and success, explains Entrepreneur magazine. Business plans provide companies with the tools to track growth, establish a budget ...
Denver, Colorado--(Newsfile Corp. - June 14, 2023) - Renowned e-commerce service brand TKOKI has recently unveiled a multi-item procurement service agreement specifically tailored for TikTok sellers.