Category: Procurement

Nearshoring decisions are often driven by urgency, geopolitical risk, tariff pressure, or board-level mandates to shorten lead times. But as production migrates to Mexico, Eastern

EU governments have backed significant rollbacks to the Corporate Sustainability Due Diligence Directive, a move that drastically limits which companies must screen for human rights

Procter & Gamble (P&G) is launching a two-year restructuring plan that will cut brands, automate workflows, and eliminate 7,000 jobs. The move is aimed at

Canada is preparing to raise duties on American metal imports and tighten procurement rules unless a deal with Washington is reached by July 21. The

Procurement teams promise to tame the long-tail, the thousands of low-value purchases that sit outside strategic contracts, through catalog buying, auto-approvals, and one-click P-cards. Yet

Companies have made strong gains in mapping and managing Tier 1 supplier risk, from forced labor disclosures to emissions reporting. But as regulatory and reputational

Lululemon is under renewed pressure to balance growth with operational discipline. In its Q1 2025 earnings call and subsequent June updates, the company highlighted a

As suppliers embrace AI to streamline negotiations, many procurement teams are falling behind, slowed by data concerns, budget limits, and organizational inertia. Fairmarkit’s 2025 Index

Procurement has poured billions into cloud sourcing suites, touchless P2P, and AI-assisted negotiation tools. Yet value still leaks at the seams, specifically, where those high-functioning

In recent years, procurement teams have rapidly automated procure-to-pay (P2P) workflows, from requisition to invoice, under the banner of efficiency. Touchless processing, catalog buying, and