Companies are always looking for ways to save money. They may have already cut costs in areas like manufacturing and shipping. Now, they're turning to a hidden area where they can save more money ...

MIAMI--(BUSINESS WIRE)-- Improving spend cost reduction has taken over the top priority spot for procurement executives for the coming year, as companies face concerns over their ability to continue ...

It’s no secret that today’s tight labor market and inflated prices have pressured corporate leaders to cut costs. This is particularly true for large enterprise manufacturers with multiple unique ...

="margin-bottom:8px">In the current environment of business uncertainty, CFOs can be sure of one thing—cost savings will remain a critical focus. However, achieving sustainable cost reductions ...

In today’s economic climate—between supply chain snags, a downturned economy, inflation, the skills gap and more—cost reduction is top of mind for many procurement teams. One silver lining is that the ...

Like several other studies in the past few months, research from The Hackett Group found that cost reduction is now the top priority for procurement professionals. Last year's number-one item, supply ...

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 ...

A new study, "E-Procurement: Trials and Triumphs," released by Aberdeen, reports that E-procurement has improved cost savings and can streamlining internal processes while enhancing supplier ...