Procurement Fraud Prevention: Identifying and Combating Corruption in Procurement

Corruption poses a major threat to procurement integrity, as highlighted in the CPI 2024 report from Transparency International. Procurement professionals play a crucial role in procurement fraud prevention and ensuring transparent spending...

AI and Spend Analytics: A New Era for Procurement

Artificial intelligence (AI) is reshaping procurement, particularly in spend classification and spend analysis tools. The recent study AI Meets Spend Classification: A New Frontier in Information Processing by Guida, Caniato, and Moretto (2025) explores...

Supplier portal from a supplier account manger perspective

The Rise of Supplier Portal: Reflections from a Week in Procurement

As an account manager at Learn How to Source (LHTS), I have the privilege of working with businesses across industries, sizes, and geographies. This week brought a fascinating trio of encounters that...

Supplier portal on company homepage

A company’s homepage is often the first impression that a potential supplier will have of the organization. As such, it is essential that companies use this opportunity to present themselves in the...

Procurement ROI – showing the value provided by procurement

Procurement ROI (Return on Investment) is a critical metric that measures the value that the procurement department delivers to the organization. In this blog post, we will explore what procurement ROI is,...

Electronic signatures at procurement

Electronic signatures at procurement have become a common tool for businesses to sign and execute contracts. Electronic signatures (EA) are a secure and legally binding way to sign contracts, which can save...

Product classification systems available to categorize spend

As procurement professionals, one of our main responsibilities is to manage spend across our organizations effectively. This requires us to categorize spend in a way that is consistent and accurate, which can...

Category strategy Facility Management

When creating a Category strategy Facility management, which is a critical procurement category for many organizations, the strategy encompassing a broad range of services related to building maintenance, security, and support services....

How the procurement policy can help the CPO

The procurement policy of a company is a crucial document that outlines the guidelines and procedures for purchasing goods and services. It is important for the Chief Procurement Officer (CPO) to have...

databases and services that can support enriching procurement data

Enriching procurement data – example and sources

Dun and Bradstreet (D&B) is an example of data analytics and insights provider that offers a range of databases and services that can support enriching procurement data. D&B’s global database holds of...

Category: Procurement management