You can improve business performance by aligning the objectives of purchasing management with your business strategies. At the strategic level, purchasing decisions affect profitability and business ...

Your manufacturing process depends on raw materials, as well as supplies. In a small business, your need to keep costs down may always seem to be at war with your need to produce the best quality. You ...

Procurement is the conduit with which goods and services are acquired within public and private organisations. Public procurement, therefore, is the interface of the public institutions and the ...

Supply chain professionals have long known that sustainability must be a key piece of their strategy. After the last three years of disruptions, shortages, and instability, the capacity for supply ...

A procurement function that evolves in response to macroeconomic trends is a critical linchpin in the health of any growing business. And midsize companies are taking note, leveling up their internal ...

When a multi-billion dollar transportation and airline company sought to get its arms around its unwieldy procurement operation, it turned to a tried-and-true tool to do it: the balanced scorecard. It ...

Social procurement, integrating socio‐economic and environmental objectives into conventional procurement processes, is increasingly recognised as a vital lever in addressing systemic challenges in ...

NASA has developed an objective-based procurement strategy to advance its ongoing Moon to Mars initiative, according to Karla Jackson, senior procurement executive and deputy chief acquisition officer ...

The 2014 National Budget and ZimAsset are demanding value-for-money public procurement. The Finance minister reported that the public procurement process was affecting project implementation in ...