Businesses typically buy products or services from multiple vendors. Procurement professionals handle the details of procuring these purchases at optimal prices. Establishing consistent procurement ...

Procurement department organizational structures often -- but not always -- reflect the organizational structure of your business. Additional factors, such as communication patterns, the size of your ...

Governments buy a lot of stuff. Every year, one out of every three dollars governments spend goes toward purchasing something -- from photo copier ink to new vehicle fleets -- to help provide services ...

Procurement involves identifying and agreeing to terms for the acquisition of goods, services, or works from an external source, often via a competitive bidding process. involving constrained decision ...

Securing the right project resources at the right time takes skill and experience. Here's what you need to know to ensure your project procurement process goes smoothly. For any project manager, ...

When reviewing job growth and salary information, it’s important to remember that actual numbers can vary due to many different factors—like years of experience in the role, industry of employment, ...

Procurement and executive teams in the life sciences sector are facing increased pressure to adapt and optimize. Today, ensuring long-term business success requires more than just cost management — it ...

Adam Hayes, Ph.D., CFA, is a financial writer with 15+ years Wall Street experience as a derivatives trader. Besides his extensive derivative trading expertise, Adam is an expert in economics and ...