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 ...

Most procurement professionals during challenging times would file the procurement procedure book in the round file cabinet and resort to a more “hand-to-mouth” strategy, but your procurement process ...

Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...

Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement affects everything from product quality to company profits. Smart ...

The past year’s economic volatility forced business leaders to shift strategies and reduce spending while simultaneously seeking new paths to profitability. In particular, according to a Gartner ...

For every business, accounts payable (AP) is a costly and time-consuming expense. Every organization, no matter how small, has expenses. Processing can be inefficient ...

As a result of collaboration with ISIT, Korrasat has successfully created a new generation of advanced proposal management ...

As healthcare leaders know all too well, the procurement process can be plagued with inefficiencies and complications. The ...

Did you know that efficient procurement practices can add to your organization’s competitive advantage? Before I explain how, I want to start out by talking about Porter’s Five Forces of Competitive ...

Material procurement explained: Process, strategies, and benefits Getting the right materials at the right time and price is incredibly important for any successful business. Material procurement ...