L. Gene Alessandrini, Senior Vice President of Marketing, PPL EnergyPlus While many of the costs of doing business continue to rise, the price of wholesale electricity has dropped significantly. And ...

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 ...

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 ...

“Patents drafted and prosecuted in accordance with principles described herein that target the right infringers and thwart competitive countermeasures can establish patent positions from which a wide ...

Indirect procurement often presents significant opportunities for cost savings. Many companies find that centralizing and standardizing indirect procurement practices can yield substantial financial ...

The approaches to these procurement types differ significantly. Direct procurement typically involves longer-term supplier relationships, more rigorous quality controls, and strategic alignment with ...