Julie Young is an experienced financial writer and editor. She specializes in financial analysis in capital planning and investment management. Suzanne is a content marketer, writer, and fact-checker.

Modern supply chains are becoming more complex as businesses expand globally and customer expectations continue to rise.

You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

Imagine a strategic meeting is in progress inside your organization, focused on speeding up the market release of a product for competitive advantage. The chief procurement officer proposes an ...

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Overview: Procurement books help improve buying, negotiation, and supplier management skills.Modern procurement also includes ...

Procurement and executive teams in the life sciences sector are facing increased pressure to adapt and optimize. Today, ensuring long-term business success requires more than just cost management — it ...

For many manufacturing CFOs, procurement is a missed opportunity. Executives are often concerned about linking sourcing success to financial business outcomes, such as operating profit and working ...

This is an excerpt of the original article. It was written for the May-Jun 2024 edition of Supply Chain Management Review. The full article is available to current subscribers. In each issue I try to ...