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Without proper insight into its contracts, a company cannot effectively control its top or bottom line. Nor can it easily access the data needed to comply with legal and regulatory requirements...

For most companies, the CPO’s list of top goals includes tasks like: maximize savings, focus on sustainability, manage supplier performance, and minimize supplier risk to ensure supply chain...

As the global economy continues to struggle, procurement teams continue to be tasked with looking for ways to control costs. Other recent global events such as natural disasters and commodity...

In a global economy, an efficient, effective supply chain is a must. The primary challenges to this are lack of consistent, synchronized data, the problem of counterfeiting, and visibility and...

Reverse auctions are a key tool sourcing organizations can use to bring about huge success if executed along with a well-defined sourcing process. Careful thought and planning must precede an...