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 ...

Why should procurement be a big deal in business? Isn’t it just the act of obtaining the raw materials that go into our products and offering our services? Procurement isn’t about getting stuff. It’s ...

A biased bid selection process represents one of the biggest threats for procurement officials. Such bias leads to a bad selection decision for a government contract, wasting taxpayer money. Moreover, ...

This is an excerpt of the original article. It was written for the July-August 2019 edition of Supply Chain Management Review. The full article is available to current subscribers. If you’re a ...

Procurement and Payment Services has implemented a new streamlined process to document purchasing decisions made by departments and schools. Staff no longer need to choose Bid Documentation Form (BD-1 ...

As the cloud increasingly dominates both public and private sector operations, its impact on procurement has become a topic of focus in recent years. According to experts in the field, migrating to ...

Procurement functions as the critical interface between an organization and its external resource providers. The process involves identifying needs, evaluating potential suppliers, negotiating terms, ...