Most major companies and even some government organizations have a purchasing or procurement department as part of everyday operations. These departments provide a service that is the backbone of many ...

Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

The evolution of the procurement function from a peripheral role to a more strategic one is helping unlock its full value in companies and organisations. Previously, the procurement function primarily ...

As laid out in my June 29 column, chief purchasing officers (CPOs) often find themselves constrained in their jobs by short-term financial goals they had no real input into. In such companies, the ...

I was recently asked what my motive was for writing these articles on public procurement in The Bahamas, and what was I hoping to gain from doing so? A friend also told me that the truth may be an ...