Procurement workloads climbed 10% in 2025 while procurement budgets rose just 1%, according to the Hackett Group 2025 Procurement Agenda Study. Category management in procurement is the discipline..

CenterPoint Group, a global leader in group purchasing and strategic procurement solutions, today announced the acquisition of Prokuria, an innovative artificial intelligence (AI)-driven procurement..

The US group purchasing organization industry generates $7.3 billion in annual revenue across 560 businesses (IBISWorld, 2025). Globally, the GPO services market is projected to grow by $2.05 billion..

In today’s volatile economy, procurement leaders are under more pressure than ever to reduce costs, increase visibility, and manage supplier risk. Yet one of the most overlooked cost-saving..

When it comes to choosing between ground shipping and express shipping, the decision often comes down to two things: cost and speed.

Businesses and consumers alike want reliable delivery without..

Maintenance, Repair, and Operations (MRO) procurement is one of the most overlooked yet highest-impact areas in industrial supply chains. While MRO items may not be part of the final product, they..

If you have ever dealt with unexpected equipment downtime, urgent purchases, or scattered spending across multiple suppliers, you have already experienced why MRO matters. In procurement, MRO is one..

When businesses and individuals start selling or shipping beyond their home borders, international shipping quickly becomes one of the most important, and confusing, logistics decisions. Costs,..

In an era defined by data, speed, and complexity, procurement can no longer rely solely on traditional tools, spreadsheets, and human intuition. Organizations face increasingly volatile supply..

MRO often accounts for just 5-10% of a manufacturer’s cost of goods sold, yet it generates 70-80% of all procurement transactions (OMNIA Partners). High transaction volume paired with low strategic..

Procurement process optimization is the systematic work of identifying spend leakage, standardizing purchasing workflows, and redirecting team effort from repetitive transactions to strategic..

If you thought the 2025 renewal cycle was painful, brace yourself. The early warning signs for 2026 are already flashing red, and the days of quietly “absorbing” IT cost increases are officially..