AI agents can independently gather information, analyze it, learn from experience and execute tasks,' Campbell told PE Hub.

It has been decades since the discipline of strategic sourcing transformed purchasing practices within most companies.

Brex explores the five types of procurement that organizations employ today and explains the advantages for specific business contexts and challenges of each approach.

The sourcing process itself can be time and labor intensive for both the shipper creating the RFP and the carrier responding to the RFP. There’s a large data lift to ensure accuracy in providing ...

A practical approach is to transform the sourcing process by pursuing prospective vendors with a prequalification and down selection mechanism.

Purchasing and Strategic Sourcing will hold these vendors accountable to make sure the expectations of the department/school are being met, resolve disputes, review changes, etc. To request assistance ...

Sourcing only when an immediate need has arisen is suboptimal and smart buyers aggregate multi-year demand with a smaller set of suppliers, increasing the “value at play” by orders of ...

When goods, and particularly services are complex and do not have standardized specifications, the competitive sourcing process best employed is the Request for Proposal (RFP) process and the ...

Richey Brownfield, vice president of enterprise solutions at AMN Healthcare, describes how to integrate direct sourcing into your organization’s current workforce management strategy.

Two of our top consulting sources take a look at where AI can help simplify and streamline the sourcing process by reviewing how it affects each ... help simplify and streamline the sourcing process ...