Minnesota’s Office of Enterprise Sustainability works to reduce energy and asset waste among the state’s government agencies. Established in 2017 and reaffirmed recently by Gov. Tim Walz, the office ...

Today’s chief procurement officers (CPOs) face a dramatically different landscape than their predecessors. While once relegated to the role of tactician, CPOs are now expected to be strategic leaders ...

We explore the main types of procurement in detail below, including their definitions, examples, challenges, and best practices. Direct procurement Direct procurement refers to purchasing materials, ...

Todd Abner is founder, president and CEO of OMNIA Partners, a leading group purchasing org. in the U.S. serving public and private sectors. For decades, procurement was exclusively measured by price.

Procurement and sourcing are cornerstones of any business operation, as they greatly influence the cost structures, quality of production, and overall profitability. They ensure a steady flow of the ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

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 ...