Centralizing purchasing becomes increasingly more important the larger a small business grows. Most importantly, a decentralized purchasing structure in which individual departments are responsible ...

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 ...

Real estate owners, investors, and the teams entrusted to manage all asset types rely on vendors to keep their operations running. But few give much thought to how those vendors are sourced or held ...

The Office of Management and Budget (OMB) has released new guidance in the push to consolidate federal procurement activities. The guidance, which expands on Executive Order 14240, aims to reduce ...

The South African government’s move to improve the coordination of public procurement through the appointment of a chief procurement officer at the National Treasury has the potential to materially ...

Supply chain professionals have long known that sustainability must be a key piece of their strategy. After the last three years of disruptions, shortages, and instability, the capacity for supply ...

The new centralized procurement body, formed under the State Agency for Restoration and Infrastructure Development (Restoration Agency), will cooperate with the Ministry for Communities, Territories, ...