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 ...

FALLS CHURCH, Va.--(BUSINESS WIRE)--CSC (NYSE: CSC) announced today the results of the second edition of the Supplier Relationship Management (SRM) “barometer,” a survey which investigates the role ...

Procurement jumped to the forefront of every business leader’s mind during the pandemic. Images of container ships lined up at the Port of Long Beach and run aground in the Suez Canal were a stark ...

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 ...

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 ...

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 ...

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 ...

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.

In a previous column, I took a shot at the strategy of centralizing purchasing. I received various feedback on this column, as well as a question. Namely, “Should supply management employees—and ...

Analysts continue to debate how long it will take for the global economy to return to "business as usual" status. But, a survey by Capgemini Consulting found that most CPOs and senior supply chain ...