The processes you use to order merchandise for your company are vital to control risks, prevent fraud, ensure maximum savings and maintain regulatory requirements. You should develop a checklist to ...

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 ...

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 ...

Where did this invoice come from? And why was an order placed with this supplier? With efficiency largely defining success, these are questions that any head of purchasing should not have to concern ...

Small businesses use a purchasing department to obtain economic resources for their production processes. Purchasing is also responsible to acquire production assets, business equipment, facilities ...

LONDON--(BUSINESS WIRE)--SpendEdge, a leading provider of procurement market intelligence solutions, has announced the completion of their engagement on identifying different types of procurement ...

From unclear next steps to impersonal systems and delayed follow-ups, friction points—big or small—can quickly erode a ...

Expertise from Forbes Councils members, operated under license. Opinions expressed are those of the author. The past year’s economic volatility forced business leaders to shift strategies and reduce ...

As per Northwestern's Digital Accessibility Policy, the accessibility of a product must be considered during the purchasing process. The Accessible Purchasing Process and Matrix document details the ...

Artificial intelligence is a hot commodity, but government agencies need to be cautious about buying it, experts say. The biggest consideration is security. “It’s a challenge. There’s no other way to ...

We independently evaluate all of our recommendations. If you click on links we provide, we may receive compensation. 9 tips to help you navigate the car-buying process Michelle Lambright Black is an ...