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 ...

When you think of Coca-Cola, what comes to mind? A caramel-colored carbonated beverage that provides you with a pause that refreshes during work and play? Or perhaps it’s that uniquely shaped bottle ...

In the following article, from 2014, I discussed an organization-related issue that limits the overall positive impact the purchasing function can have on company financials. Specifically, the article ...

Procurement is moving from a back-office cost-cutting function to a front-line strategic driver in both the public and private sectors.

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 ...

As the world of corporate governance evolves, so must our perspectives regarding Procurement governance. The role of Chief Procurement Officers (CPO’s) has long transcended traditional purchasing ...

One reason CIPS continues to hold value is portability. Procurement titles vary widely from one organisation to another. A “buyer” in one business may have very different responsibilities from a ...