When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

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 ...

New analytics tools and technologies support data-driven procurement. In partnership withAmazon Business For decades, procurement was seen as a back-office function focused on cost-cutting and ...

The use of digital tools in the era of AI is changing the procurement process in the modern business world. We are living in ...

Supply chain professionals have long known that sustainability must be a key piece of their strategy. After the last three years of disruptions, shortages, and instability, the capacity for supply ...