Suppliers existing on already thin margins are fearful of being beaten down on price by powerful buyers. So why would they embrace reserve auctions, which end up awarding contracts to the cheapest bidder?

Force majeure clauses are intended to protect parties to a legal contract from losses caused by disruptive events beyond their control. But supply-chain partners might be surprised to learn what such language doesn’t cover.

For private colleges and universities, spend-management offerings can prove to be a valuable asset in the struggle to manage tight budgets.

Artificial intelligence can play an important role in companies' strategic sourcing initiatives, but there are some key challenges to be addressed, according to Richard Barnett, senior vice president of marketing and alliances with LevaData.