As the world becomes more diverse and socially responsible, more organizations are recognizing the importance of supplier diversity programs.
Case Study: RFP Builder
Read a real-world success story about ProcurementIQ's RFP Builder
Total Cost of Ownership: Time to Analyze
In Part Three of this series of articles on TCO: Why, How, Now we discuss the urgent importance of ensuring you have the resources available to do TCO analysis NOW.
How to Solve the Big Data Challenge in Procurement?
There is an important issue within procurement that needs to be addressed. Too many CPOs and purchasing departments are looking at the future of procurement solely through a technological prism and consider technology as the end—when it is merely the means to an end.
Total Cost of Ownership: How Do You Figure It Out?
In Part Two of this series of articles on TCO: Why, How, and Now we look at TCO formulas and calculators across different markets.
Has Your Organization Set Up a Supplier Development Program?
It’s critical that procurement gets to know their vendors. After all, any shifts in their business can directly affect yours.
Total Cost of Ownership: Why Does It Matter?
In Part One of this series of articles on Total Cost of Ownership: Why, How, Now we look at why TCO matters to procurement practitioners.
3D Printers: Navigating the Market
Innovation in the market has been transforming the ways in which consumers and businesses use 3D printers, and will continue doing so in the foreseeable future.
After Years of Falling Prices, 2017 Marked an Explosion for Natural Gas
The incredible boom in natural gas production has led prices to decline dramatically during the past three years. However, 2017 was a pivotal year, as prices finally recovered in response to strengthening global demand.
The Next Generation of Procurement: Building Your Team with Millennials
Procurement is a complex field that requires professionals to think responsibly yet inventively about internal structures and external relationships. In order to have strong external relationships with vendors and stakeholders, companies must first prioritize sourcing and retaining quality personnel.
White Paper - Improving Procurement's Internal Credibility: A Guide
Credibility is something we all strive for in our professional lives. We want to be trusted by our peers and have our expertise respected by management. If you feel like your organization doesn’t value your department or your role as much as it should, download this white paper to discover actionable ideas and useful tools to start building your credibility now.
How Public Procurement Can Benefit from Blockchain
News on blockchain and cryptocurrencies has taken over making consumers and businesses wonder how the new technology will impact them. For the business world, blockchain will present many new opportunities. But for public procurement, specifically, it has wide-reaching applications.
Building Long-Lasting Relationships in Procurement
The procurement function, specifically, typically aims to please two separate types of customers: internal and external. And, it's no secret that this can often be difficult, especially when goals and priorities are misunderstood and miscommunicated.
Procurement Insider’s Macroeconomic Update: Q3 2018
This quarter, ProcurementIQ's update focuses on commodity prices, tax cuts and interest rates that can substantially impact business purchases.
Wood Pulp & Paper Prices Continue to Rise
Even though wood pulp prices are expected to reach historical highs in the coming years, it’s not all bad news. Paper-based packaging manufacturers are in a strong position to protect their profit margins, with rising demand for packaging products and solid negotiating leverage.
Amazon Business: A New Way to Procure
Our analysts took a look at the Amazon Business platform to see how the ecommerce behemoth is attempting to make it easier for businesses to purchase products from one another to correct some of the current inefficiencies within the B2B procurement space.