Supplier relationship management has become one of the most important parts of modern procurement, particularly as companies rely on increasingly complex global supply networks. Yet the traditional approach , built around manual checks, fragmented records and time-consuming communication , can struggle to keep pace with…
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Bristol Myers Squibb has taken an unusual approach to artificial intelligence in procurement: it chose to start before its data was fully polished. Rhonda Griscti, the company’s executive director of digital strategy and global process lead, said the pharmaceuticals group decided against waiting for a flawless data environment. Instead,…
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EcoVadis has struck a strategic partnership with Workiva in a move designed to bring more supplier-specific carbon data into corporate sustainability reporting. The agreement will link EcoVadis’ primary supplier emissions data with Workiva’s AI-powered platform, allowing joint customers to move away from broad industry averages and towards more detailed, audit-ready…
Procurement is no longer being treated as a quiet administrative corner of the business. Across industries, it is becoming a strategic function shaped by automation, better data and tighter control, as companies look for faster purchasing cycles, stronger compliance and clearer visibility over spend. The…
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View AllHospitals in the United States are estimated to produce about 14,000 tons of waste a day, and packaging accounts for a sizeable share of that burden. Yet the same materials that protect sterile supplies and help health systems meet regulatory requirements are increasingly being rethought as part of a broader…
