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.

When it comes to financial management, companies are forever walking the line between giving finance teams complete control and visibility over spend and allowing employees to move quickly without ...

Where does your business stand on a procurement maturity level? If you want to improve something, a good first step is to evaluate where you are and determine your strengths and weaknesses. The ...

THE major weakness in developing countries is the lack of procurement capacity. Procurement, together with engineering, are the oldest professions dating back to the first century. Unlike engineering ...

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 ...

Procurement is just as vital for SMEs at it is for large organisations, with formal procurement processes serving an equally critical role in helping them reduce costs, keep control of spend and ...

The human element, rather than technology, is still the critical factor in the procurement process, according to 1st Executive. The specialist procurement and supply chain consultancy argues that that ...

PepsiCo has axed its marketing procurement department, handing full number crunching responsibilities for agency fees and other advertising costs to its brand teams. The snacks maker said the decision ...