procurement

Procurement is the process of finding and agreeing to terms, and acquiring goods, services, or works from an external source, often via a tendering or competitive bidding process. Procurement generally involves making buying decisions under conditions of scarcity.

Source: en.wikipedia.org

New Year, New Supply Chain: Procurement Innovations Shake Up Growth

New Year, New Supply Chain: Procurement Innovations Shake Up Growth
New Year, New Supply Chain: Procurement Innovations Shake Up Growth
January 02, 2025  |  B2B Payments

As 2025 kicks off, B2B enterprises are looking internally for critical growth areas. Increasingly, what they are finding is that the procurement function represents a...

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Cart.com Teams With Greenwing Technology to Streamline eProcurement
Cart.com Teams With Greenwing Technology to Streamline eProcurement
December 30, 2024  |  Partnerships

Unified commerce and logistics software firm Cart.com teamed with punchout integration provider Greenwing Technology. The collaboration is designed to make eProcurement easier and more efficient...

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Virtual Cards Brought Flexibility and Security to B2B Payments in 2024
Virtual Cards Brought Flexibility and Security to B2B Payments in 2024
December 30, 2024  |  B2B Payments

Throughout 2024, the adoption of virtual cards signaled a shift in how businesses approach B2B payments. Historically relegated to the sidelines due to limited supplier...

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Digital B2B Marketplaces Are Cutting Out Middlemen While Reshaping Procurement
Digital B2B Marketplaces Are Cutting Out Middlemen While Reshaping Procurement
December 12, 2024  |  B2B Payments

There’s a sea of change sweeping through the B2B landscape. Traditional models of enterprise buying and selling are being displaced by digital marketplaces that aim...

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Data Quality: The Unsung Hero of AI-Powered B2B Procurement
Data Quality: The Unsung Hero of AI-Powered B2B Procurement
December 09, 2024  |  Artificial Intelligence

An efficient business-to-business (B2B) procurement process can separate the wheat from the chaff. Procurement has the potential to become a strategic lever for value creation...

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Prima to Expand Supply Chain Integrator Offering Across North America
Prima to Expand Supply Chain Integrator Offering Across North America
December 06, 2024  |  Investments

Mexico City-based Prima has raised $23 million in funding to expand its offerings as a manufacturing and supply chain integrator across North America. The latest...

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3 Ways B2B Innovation Is Embedding Holiday Magic Into Supply Chains
3 Ways B2B Innovation Is Embedding Holiday Magic Into Supply Chains
November 19, 2024  |  B2B Payments

During the chaotic holiday season, delays can derail operations. Streamlined logistics, on the other hand, can make peak periods immensely profitable. And as the holiday...

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Global Growth and Painless Payments Headline This Week in B2B
Global Growth and Painless Payments Headline This Week in B2B
October 24, 2024  |  B2B Payments

As the monthlong B2B Payments: Outlook 2030 event has revealed, the future of B2B payments is fast, global and all about innovation. Still, uncertainty remains...

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