A worldwide semiconductor shortage is plaguing the automotive industry.

Problems continue piling up at ports, signaling that businesses should expect supply chain disruptions for many months to come.

Carriers have excelled in keeping pace with ever-changing realities during the pandemic, but not without costs to shippers and consumers.

As organizations have struggled to stay afloat amidst this tough economic environment, procurement professionals have worked hard to adapt and show up for their businesses in new ways. The work, however, is far from over.

Heading into 2021, procurement professionals will need to embrace emerging technologies to overcome modern risks.

With 2020 bringing on unexpected supply chain disruptions, ProcurementIQ knows it’s more important than ever to shape and strengthen your sourcing strategies.

Heading into 2021, a number of trends are poised to disrupt business as usual in MRO markets, making it all the more pertinent to consider how MRO procurement strategies can adapt to shifting market norms.

President-elect Biden has proposed a cascade of changes to procurement practices in the United States, which would be the greatest mobilization of investments in procurement, infrastructure and research and development since World War II.

Surging e-commerce sales are driving record gains in warehouse employment, a trend that will only intensify heading into the holiday season. ProcurementIQ outlines strategies to mitigate the labor shortage risks that are poised to emerge.

The rise of the coronavirus has turned procurement on its head. Which practices will manage to break the surface?

Companies’ financial statements are packed with numbers and figures that may seem confusing at first glance. While taking a templated approach to analyzing financial statements is an easy way to help procurement staff evaluate such dense documents a one-size-fits-all approach could cause procurement staff to misinterpret outliers.

ProcurementIQ breaks down the key factors exacerbating the skilled labor shortage and highlights strategies firms can employ to bolster their labor force and get affected supply chains back on track.

With states slowly reopening, businesses nationwide are gearing up for employees’ return to work. Use this guide to help decide if and how your organization should screen for COVID-19 in the workplace.

Company-specific reports, also called supplier profiles or vendor assessments, contain valuable supplier information that supports vendor management and guides decision making.

The outbreak of coronavirus has led to closures of retail stores, restaurants, office buildings, hotels and other establishments. As these businesses resume operations, demand for sterilization and personal protective equipment is expected to increase.