ProcurementIQ introduces commodity purchasing best practices to help businesses navigate commodity contracts and trends.

Younger generations’ individual purchasing patterns are unfolding in the procurement space.

Office operations have changed dramatically since the start of the pandemic and a sudden return to the old ways seems unlikely. To help businesses reimagine the work environment and support a changing office culture, we’ve put together some detailed guidelines.

Category management is a powerful way companies can reduce procurement spend and create value.

Supply chain professionals must prioritize sustainability initiatives to retain market share in the long term. Below are eight action steps businesses can take to get started.

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.

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

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.

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

ProcurementIQ examines the most effective recruiting, development and retention strategies to enhance your company’s diversity initiatives.

CSR initiatives are uniquely positioned to influence corporate decision-making processes and promote diversity and inclusion from the inside out.

Amid widespread calls for greater inclusivity, companies are more motivated than ever to strengthen diversity within the workplace. 

Communication has always been one of the most important soft skills for procurement to master; it’s vital for everything from stakeholder engagement, negotiations and even presentations. Communication, specifically exceptional active listening skills, will help drive your team’s success.