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 ...

The world’s leading global companies are looking to the sourcing and procurement function to do a lot more than cut the price of supplies. Procurement continues to be under intense pressure to ...

What are the most common types of procurement? Procurement stands as one of the most influential business functions in modern organizations, directly impacting both financial performance and ...

APQC released the results of its latest study, Supplier Category Management: Driving Value Through the Procurement Process. Audit, tax, and advisory services provider KPMG LLP served as the research ...

Every aspect of your business can benefit from being reviewed and evaluated from time to time. Procurement is no different. Yet too often this function is overlooked when it comes time for reviews.

Your purchasing and supply department keeps your other departments supplied with everything from paper clips to manufacturing materials. Purchasing staff build relationships and coordinate schedules ...

With the renewed emphasis on green energy, and a national net-zero greenhouse gas emission imperative planned for 2050 by the Biden Administration, significant investments must be undertaken to ...

LONDON--(BUSINESS WIRE)--The global distribution services is poised to experience spend growth of more than USD $ 5 billion between 2024 at a CAGR of over 7.21%. The report also provides the market ...

My most recent blog concluded with the suggestion that the next couple of entries could prove very interesting, particularly to purchasing professionals who have a primary mission of delivering ...

In our first post on the this topic, we highlighted the implications of the $62-billion U.S. government program to incentivize utilities to embrace best practices for streamlining procurement ...