For the past two years, First Data global strategic sourcing director Pamela McTeer has "run a circle" on her company's travel category management, moving through assessment, strategy development, ...

Strategic sourcing skills play an important role in the cost structure and competitiveness of small and large businesses. These skills involve analyzing high-volume purchases and developing long-term ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their latest success story on streamlining the procurement and ...

AI-driven digital freight matching platforms are transforming the brokerage landscape, helping shippers and carriers automate workflows, boost utilization, and navigate the lingering freight recession ...

Managing the cost of purchased goods and services continues to be a key concern of executives. According to the U.S. Census Bureau, the cost of purchased materials is approximately 54 percent of the ...

After several tumultuous years of pandemic-driven supply chain disruptions, many businesses report that the tide is beginning to turn. Although significant uncertainty remains, price increases have ...

Business process outsourcing involves the outsourcing of business functions to external companies. To clarify, many companies outsource tasks to external providers. An example may be hiring a ...

Whether outsourcing customer care, technical support, field service, or IT resources to a third-party, there is more to consider than selecting the vendor, establishing the scope of work, and pricing ...

Organisations already buy their IT in a number of ways, but none of those models will emerge unscathed from the impact of cloud computing, says Claudio Da Rold. Cloud computing and the whole ...

A key part of most (okay, all) BPO deals is the projected cost savings. When pitching a deal, vendors may promote a “savings guarantee” or “guaranteed cost reductions.” However, when it is time to ...