The COVID 19 (coronavirus) outbreak is slamming the hospitality and restaurant sector as consumers worldwide stay home to avoid unnecessary exposure. With the number of confirmed cases rising by the hour, big-name hotel, restaurant and airline stocks are plunging in step with sharp declines in consumer spending. Operators in this sector will need to step up efforts to appease consumers’ concerns about contracting the coronavirus in order to fortify their paths to recovery.

Travel restrictions due to the COVID-19 (coronavirus) outbreak are likely to be the most significant issue facing consulting, business support and media providers. Providers can expect reduced in-person client meetings and increased remote work environments as well as potential disruptions to services as key buyers grapple with halting the spread of the virus.

Academic institutions face unique risks in a time of a global health emergency. Understand these key risks and learn how suppliers and key buyers are affected as well as how to mitigate risk in uncertain times.

As deliveries pile up and capacity tightens due to shipping and transport obstacles from the coronavirus, businesses struggle to keep processes moving.

In the wake of the Coronavirus, face mask shortages are underway and pharmaceutical shortages are looming.

Tech supply chains around the world show weakened immunity against factory closures in China, the world’s largest manufacturer of mobile phones, computers and televisions.

The automotive industry is one of the first sectors of the global economy to show the symptoms of a serious infection in the wake of the coronavirus (COVID-19) contagion, and the short-term prognosis does not look good.

As the first month of 2020 closes, ProcurementIQ encourages businesses across all sectors of the economy to consider how the biggest challenges facing global supply chains may affect them in the months to come.

Ground ice and snow can freeze business operations in the winter. These insights will help your company brave the elements.

Shifting headwinds across the global economy have thrust procurement professionals into unexplored and uncertain territory. Heading into 2020, it is more important than ever to stay up to date with the latest trends across the procurement industry.

The potentially disastrous consequences of cyberattacks have led IT teams to become more sophisticated and proactive in their defense against threat actors.

Six Disruptive Startups That Are Using Robotics to Take Over Change the World.

Using market intelligence in the sourcing process can save you significant time and money by providing reliable, consistent and unbiased information at your fingertips. But, not every market intelligence product is created equal...

The California Consumer Privacy Act, effective January 1, 2020, will have a wide-reaching effect on privacy policies and data sharing extending well beyond California’s borders.

A look at the state of the recycling industry in the United States through the lens of the procurement market.