Category management is not just a new name for strategic sourcing. Rather, strategic sourcing is one of the tools used by category teams to manage procurement expenditure to achieve mission value.

The strategic sourcing team is responsible for the contract negotiation and procurement of goods and services specific to a department when their need exceeds $10,000. Category management is ...

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 ...

Almost nothing a company does can't be outsourced anymore--even functions as critical as engineering, marketing, and manufacturing. Yet only 6% of the companies that outsource are satisfied with the ...

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 global procurement market intelligence firm, has announced the release of its Global Network Payment Services Category - Procurement Market Intelligence Report.

In an increasingly globalised and competitive business environment, procurement and supply chain management have become critical to the success of organisations. One of the most effective ways to ...

In healthcare, delays or shortages in supplies can cost lives. That’s why managing the supply chain well isn’t just about saving money — it’s about saving lives too. According to the Centers for ...

The strategic sourcing team is responsible for the contract negotiation and procurement of goods and services specific to a department when their need exceeds $10,000. Category management is ...