As we enter 2025, procurement leaders face unprecedented transformation opportunities alongside complex challenges. Digital acceleration is reshaping traditional processes, while economic pressures ...

Editor’s note: This article first appeared on the University of Tennessee, Knoxville’s Global Supply Chain Institute’s blog. It is being reprinted with permission. You can read the original post here.

Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they’re turning to a hidden area where they can save more money ...

Imagine this scenario. Your procurement team starts Monday morning with 47 unread emails, a dozen Slack messages about urgent purchases, and three sticky notes from Friday’s hallway conversations.