Definition
Activities involved in planning, purchasing, and managing inventory, as well as receiving and inspecting goods.
Learn more about Procurement
Add vigilance to supply chain management with visibility. Real-time visibility of inventory, capacity, supply, and demand conditions is central to agile supply chain operations in dynamic environments.
As much discussion and deployment of artificial intelligence took place in 2024, 2025 is shaping up to be an even bigger year. This year will likely see the acceleration of AI, and specifically Generative AI, into everyday business functions.
In hospitality procurement, challenges like dynamic pricing, supply chain volatility, and high-quality requirements are common. That requires robust processes and proactive supplier management. Aramark SVP Autumn Bayles talks about that and more…
Gartner’s latest procurement Hype Cycle sees Gen AI reaching mainstream adoption within two years.
One-third of C-suite executives lack confidence in procurement’s ability to control costs and spend management, but a new survey finds that is changing.
Boeing faced unknown spending, but a pilot program using Fairmarkit’s artificial intelligence platform helped bring its procurement spending into the light.
Whirlpool’s Jennifer Springer, sr. dir. of customer fulfillment, is the latest top executive to be announced as a keynote speaker at the upcoming NextGen Supply Chain conference.
There are 11 core competencies that provide an overview of what’s needed to measure supply chain planners’ effectiveness and develop tomorrow’s planning leaders.
As more companies turn to AI to manage and analyze their data, the concept of clean data sometimes gets pushed to the side.
Amy Rardin has proven successful at finding innovative solutions that lead to supply chain wins at Procter & Gamble. She will share some of that knowledge with the NextGen Supply Chain Conference audience in her keynote address.
