Including TCE analysis at the sourcing readiness stage matters because specifications and sourcing scenarios follow from the key category management decision - Make vs Buy.

An annual procurement plan becomes useful when it tells the team when to start each sourcing event, who owns the next action, and whether a need-by date is at risk. A spreadsheet exchanged by email can hold the original demand, but it is a weak system of record for continuing updates.

Ultimately, the goal is not to produce the most impressive CV. The goal is to produce the strongest CV that remains completely supported by the candidate’s own experience.

This blog will study how Monte Carlo simulation can streamline decision-making with the help of mathematics and AI.

This blog post explores how hedging aligns with Prospect Theory's emphasis on loss aversion.

When sourcing HDPE water pipes, one of the top-spend items for infrastructure companies, more than the unit price must be considered.