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The 2025 Tariff Increases: Procurement Strategies to Minimize Cost Impact

In 2025, businesses across the U.S. are navigating a complex and fast-changing global trade environment. Recent tariff increases on purchases imported from certain trading partners are putting new..

From Data to Decisions: How to Conduct a Procurement Spend Analysis

Spend analysis in procurement is crucial for steering companies toward smarter, more cost-effective spending. The process involves closely examining and organizing data to reduce operational costs,..

Procurement RFPs: A Step-by-Step Introduction

Request for Proposal procurement (RFP procurement) is a structured method organizations use to solicit and evaluate competitive bids from vendors. The RFP procurement process creates transparency,..

Discover CenterPoint’s New Consolidated Procurement Solution for Europe

You likely already know how important consolidating procurement processes can be. Consolidated procurement leads to improved supply chain management, greater operational efficiencies, and substantial..

9 Ways to Optimize Your MRO/Safety Spend

MRO spend is what organizations spend to procure the products and services they need for their maintenance, repair, and operations activities. It includes costs for industrial supplies, spare parts,..

How to Reduce Procurement Costs by Improving SaaS Spend Management

As companies become more comfortable operating in the cloud, Software as a Service (SaaS) has emerged as a critical component in the corporate tech stack. It eliminates the need for installing and..

Rethinking Telecom Procurement in Light of Cell Phone Carrier's Latest Price Surge

Verizon customers who were hoping for a telecom cost reduction during these economically tough times might be disappointed by the company’s plan to increase service prices. The telecom carrier has..

Wireless Telecom Procurement Strategies in 2023: Trends, Obstacles, and Solutions

In 2023, developing and implementing an effective wireless telecom procurement strategy is more difficult than ever. Rapidly emerging technologies and rising costs in an increasingly competitive..

Procuring Patriotism: How GPOs Help Domestic Sourcing Procurement

The Fourth of July is not only a great time for parades, fireworks, and backyard barbecues, but it’s also the perfect opportunity to consider domestic sourcing in procurement. The Fourth of July is..

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