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 ...

Current objectives and goals When considering the most important objectives for their procurement strategy, participants in APQC’s research indicate that sustainability has a solid foothold. As shown ...

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 ...

The past few years have demonstrated the procurement function’s ability to adapt to price fluctuations, changing consumer needs and supply chain disruptions. Once regarded as a back-office process, ...

Understanding the perspective of the procurement department can save money, lead to better decisions and enhance working relationships. Companies take different approaches to the engagement of fleet ...

Although COVID-19 relief and other federal programs have channeled trillions of dollars into state and local government coffers, inflation and the potential of recession are creating new financial ...

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 ...