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 ...
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 ...
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 ...
A functional and cohesive procurement policy is vital to improving profitability. While clear standard operating procedures are important, it takes more to create efficiencies. The procurement ...
For decades, businesses across industries have faced a particularly thorny problem: the disconnect between demand, procurement and supply chain management. Many companies have trouble delivering goods ...
When talking to executives within the space, the conversation generally begins with definitional matters: are we talking logistics here? Or contracts? Which hat should I wear? But how different are ...
The COVID-19 pandemic brings about a remote work order to comply with social distancing requirements. The changes brought about by the pandemic are here to stay and will manifest into a new normal in ...