MIAMI--(BUSINESS WIRE)-- Improving spend cost reduction has taken over the top priority spot for procurement executives for the coming year, as companies face concerns over their ability to continue ...

It’s no secret that today’s tight labor market and inflated prices have pressured corporate leaders to cut costs. This is particularly true for large enterprise manufacturers with multiple unique ...

Like several other studies in the past few months, research from The Hackett Group found that cost reduction is now the top priority for procurement professionals. Last year's number-one item, supply ...

COSTS have been rising globally for all businesses and industries. Because of this, many entrepreneurs are understandably concerned that their profit margins ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

Companies frequently expand their product portfolios, catering to individual customer segments or seasonal trends. They do this by creating multiple variants of existing and new products. Through a ...

The 2025 U.S. Open delivered a master class for golfers and procurement leaders alike. When thunderstorms on June 15 transformed golf's most demanding major into what many called "unplayable", J.J.

A new study, "E-Procurement: Trials and Triumphs," released by Aberdeen, reports that E-procurement has improved cost savings and can streamlining internal processes while enhancing supplier ...

Oil and gas is cyclical. It's been feast or famine for decades, and companies have no problem cutting positions when ...

Although marketing procuremen t organizations remain focused on cost as a key success metric, many are beginning to embrace the value of non-cost-centric metrics, and especially ROI measures, ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...