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.

Strategic sourcing is a supply management tool that delivers significant cost reductions and other benefits, the Institute for Supply Management says. While traditional purchasing focuses on buying at ...

Procurement in 2026 is entering a new era, with AI enabling faster decisions, greater resilience, and higher strategic value. Intelligent systems are automating routine tasks, unifying fragmented data ...

Local governments are under significant fiscal pressure due to rising inflation, deferred maintenance and infrastructure investments, staffing shortages, and constituent demands for digital services.

The acquisition adds strategic procurement, group purchasing, and supply chain optimization capabilities to the ...

Strategic sourcing is a supply management tool that delivers significant cost reductions and other benefits, according to the Institute for Supply Management. It replaces the traditional purchasing ...

Merger and acquisition activity in the healthcare sector continues at a brisk pace as organizations seek to decrease their costs, expand service offerings and enhance their market presence. Strategic ...

Construction and DIY sectors are facing tighter cost pressures, supply risks, and new regulatory demands, pushing strategic material sourcing to the forefront. Industry experts highlight that smarter ...

Spencer Penn is Co-Founder & CEO of LightSource, an AI-powered strategic sourcing platform. He was named to Forbes 30 Under 30. The term "AI" is everywhere, but for strategic sourcing and procurement ...

LONDON--(BUSINESS WIRE)--Quantzig, a leader in delivering scalable analytics solutions and data science services, today announced the completion of its recent article that sheds light on the role of ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

The Louisville, Ky., Free Public Library needs its security guards to do more than simply monitor the entrances to its buildings. "They have to respond to medical emergencies, address disruptive ...