The Fast Company Executive Board is a private, fee-based network of influential leaders, experts, executives, and entrepreneurs who share their insights with our audience. BY Guy Yehiav The ...

Tesla and Edison were two of the biggest innovators in the 20th century who happened to have very different views on the same subject. Kind of like many legal departments, some of whom put the utmost ...

Businesses often rely on a network of vendors to support their operations, yet many don’t realize this reliance comes with significant cybersecurity risks. Because of this, strengthening vendor risk ...

Brex reports nine strategies for effective vendor negotiations, emphasizing preparation, relationship-building, and ...

Artificial intelligence is fundamentally changing how companies buy goods and services, transforming procurement from a back-office function into a strategic business driver. Where procurement teams ...

Vendor management is the process of controlling costs, driving service excellence and mitigating risks to gain increased value from vendors throughout the deal life cycle. This strategy is crucial in ...

For most business owners, managing the vendor payment cycle can be a real challenge. From onboarding to payouts, too much happens at various stages, and there are many bottlenecks along the way.

Vector illustration of procurement and product supply concept such as trucks, finance reports, files. Artificial intelligence is fundamentally changing how companies buy goods and services, ...